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so how does he define “low labor risks”?
probably weak unions and protections as usual?
The article doesn’t say it, but probably a combination of:
- Low risk of strikes
- Relatively low cost of labor
- Availability of skilled employees
My guess is that this means that if they are going to produce in europe, they might settle down in slovakia, czech republic or poland.
Relevant documentary: American Factory on Netflix
Academy award winning documentary no less.
How about Mexico?
Mexico is not in europe :D But otherwise an interesting location for car makers.