Thursday, August 8, 2019
As you suggest Essay Example | Topics and Well Written Essays - 500 words - 1
As you suggest - Essay Example tors are shifting their base of operation from US to Mexico where they incur less production costs and reap the maximum profits for the car once sold to dealers in the different nations of the world. With more motor companies among other companies shifting their base of operation from US to Mexico in order to take advantage of the numerous trade agreements, US started losing in the labor department. People lost their jobs as they no longer had cars for example to sell as well as to export. Alternative employments in this economy had to be sort for survival purposes. Individuals who had held their secure jobs for years were left on the street jobless. Majority of the employees had to move to Mexico in order to seek employment in their growing labor market hit high with demand. On the other hand, the labor market in Mexico started flooding. With different motor companies opening operations in Mexico, there was high demand for labor. This is continuing to date as more and more companies continue to build their plants in the different locations across Mexico in a bid to fully take advantage of the trade agreements. Mexicans are getting more offers for the different kinds of jobs available. There are other companies such as Audi which are taking it a notch higher to train their employees in Germany with the best (Althaus & Boston, 2015). What the increase in labor market in Mexico has done is encourage people to go back to school to become specialists in different parts of the motor cars in order to provide the best services to the dealership. Competition in the labor market for the specialists is very high in Mexico with the opening of the different factories and plants for the motor cars. Young people leaving school are guarantee of getting employment as soon as they are through with their education. This is the opposite case in the US where the previous specialists in the field have had to seek employments that are beneath their pay grade and education for
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