Global Labor Rates Comparison

11/07/2023 30 min
Global Labor Rates Comparison

Listen "Global Labor Rates Comparison"

Episode Synopsis

For several years, we heard that labor costs were super low in China. When did this start to change?  

What was the spark for the Reshoring Institute's Global Labor Rates study? 

Give us a quick overview of the findings How did you select the countries to compare? 

Where did the data come from? 

How can these comparisons help strategists and decision makers in reshoring decisions when the rates are so high in the US? 

What other factors besides labor rates are considered in a reshoring decision?

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