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Monday, April 23, 2012

Comparisons of The Global Cost of Labor Do Not Account For Independent Contractors

In China it takes 8 years and 10 months to earn the equivalent of $15,080 per the following infographic. Although this makes the laborers in foreign countries seem poor, U.S independent contractors are not subject to minimum wage protection and therefore are also prone to similar comparison in some cases. If the per capita U.S. median income of approximately $27,334 is used it takes even longer.




Click the image to enlarge
The shocking disparities of labor cost
Source: FixR

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