Threats to workforce?

A question from Yahoo! Answers:

Which is a bigger threat to our workforce, exportation of American jobs or illegal immigration?

Neither. The biggest threats to the semi-skilled workforce are low interest rates (who wants to hire ten workers if you can hire one worker and lease a machine that will do twenty workers’ worth or work at the same cost?) and high land values (who wants to build factories on expensive land when cheaper land is available elsewhere?)

Leave a Reply

Your email address will not be published. Required fields are marked *