From Thailand: One of the major factors that recommends Thailand to the investor over other countries in the region is an abundant supply of cheap and trainable labor. From Colombia: Low cost labor: This is without doubt the chief incentive offered by the ZFIC as the salaries are more or less the same as those that prevail in the industrial zones in the Far East (U.S. $2.10 per day including social security) . . . Male and female workers are easily obtained due to the high rate of unemployment. rapid increases of population and the emigration from the rural zones to the cities. Labor standards. and the lack thereof. can be gauged by the following breakdown: What kinds of jobs. labor legislation. job security. health conditions. and working hours.
Identified stereotypes
Generalizing about the availability and cost of labor in Thailand and Colombia.