From the 01 May, 2011 on, the Labour market in Europe is open for the East-European member states which joined the EU in 2004: Poland, Hungaria, the Czech Republic, Slovakia, Latvia, Lithuania and Estonia. Hundreds of thousand people are expected to search for better working conditions and higher salaries in the west, especially in Germany. [...]
Archive for May 22nd, 2011
22 May
Consequences of Globalization – The Labour Market
Through the globalization the labour market is often no longer national or regional limited, but global. The result is that the labour supply is increasing enormously. The cost of living in Asia is often only 20% of the cost of living in Western Europe. Accordingly great is the difference in wages and salaries. In many [...]
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