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China Factory Wages Organization Industrial Robots Are Not Even First Out of Work

Capital investment and jobs. Let’s talk a little about economics 101 and kicked me down behind robot future salary increases are evident at least very difficult. First, when you increase the cost of labor low-level jobs, there will be fewer of them as a business expense and raise prices for consumers, some businesses will, too few jobs. Commercial and business models that will absorb the cost of living and the rate of increase in consumer prices – this is due to inflation so that the dollar will be worth little, how much is hard to say; 10%, maybe 20%, which is about how much the minimum wage increase would be what it is now, if they’re going to say $ 10.00. read more »