Cheap Labour Overseas

Westerners And Their Behaviour To Money Is Fuelling The Increase In Cheap Labour Overseas
By Dean Whittingham

The use of cheap overseas labour is not new, but in recent times, the importation of cheap labour onto our shores is becoming a fact too hard to bear. Just recently in Australia, a story was shown nation wide of how employers are now paying for companies to supply them with cheap labour from places like Southeast Asia.

The argument put forward by the employers is that they are cheap, reliable, qualified, and most importantly, they want to work, and this is more than what can be said for Australians, especially the young.

On the other side of the coin, union bosses are crying foul because it is impossible for a qualified worker in Australia to compete with a similarly qualified worker from overseas, who is asking around 30 to 40% of the asking rate from Australians.

But not once, throughout this whole story did any body try to expose the reason this explosion of cheap labour, whether it be in our own country or outsourcing, is occurring.

Let’s compare a country like Australia or the US to a country like China, and the average families behaviour to work and money, and also their outlook in life.

In Australia or the US, the average family is saving around 2% of their total household income. In China, the average family is saving around 40%. This is a massive difference, and the fact that the average worker in China is willing to work for around 5% of the income earned by someone in the US, it makes it even more difficult to swallow.