Word: labors
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Dates: during 2000-2009
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...bodes well for Detroit, of course, or Asian manufacturers like Hyundai and Kia, which largely target budget shoppers. The Chinese cars are expected to carry rock-bottom prices along with generous warranties to ease concerns about their quality and long-term reliability. Since the Chinese exporters have such low labor costs - around $2 an hour - they can afford to pack the cars with standard features like electronic stability control, antilock brakes and rear-view cameras for parking assistance. Nor are the cars being designed with drab proleterian styling. The highly regarded Italian design shop Pininfarina produced the interior and exterior...
...region. GM expects sales in China to top 1 million units this year - making it one of the few fast-growing markets for the beleagured automaker. DaimlerChrysler and Ford are also producing cars in China for export (though so far not in the U.S.), benefiting from the low-cost labor too. > And with import tariffs coming down on cars and auto parts, foreign manufacturers may win even more sales in China - if they can hold off the increasingly sophisticated local competition...
...does your country feel about these restrictions? Well, they are part of the accession agreement. But I am sure that the future will show that Bulgarian workers are not a danger for the European labor market...
...last decade, some 10% of the Bulgarian population has departed. Will you take any measures to stop the flow? I am sure that, with the opening up of the European labor markets, there will be increased interest among Bulgarians to leave, specifically nurses, doctors and some other specialized fields. But at the same time, there is an increased interest from Bulgarians who left the country years ago and are planning to come back...
...fallen so sharply, from 14% in 2000 to about 4% today, that businesses are scrambling to find workers. "This is the best time in our history," says Sten Tamkivi, Skype's Estonian operations manager. Skype has 250 people in Estonia and reckons that it will have exhausted the local labor market once it gets to 350. Employers are extra nice. "Every evening I'm almost standing at the door and asking everyone as they leave, 'Did you enjoy yourself, and can I expect to see you tomorrow?'" says Teet Jagomagi, not entirely joking. He runs a mapping-software company...