If the magnitude of a domestic market of a country is measured by the size of her population, China is a large resource (labor) and product (consumer) market.

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States are looking at programs to help cut their deficits by using prisoners, untapped resource, as cheap labor.

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For too many Western brands, "it's the ugliest race to the bottom because the financial crisis in America and Europe means that people are getting very scared of buying expensive things, " says Sanjiv Pandita, executive director of the Hong Kong-based Asia Monitor Resource Center, which tracks labor conditions across the region.

WSJ: Apparel Retailers Confront Tough Options

On this mega-site you can research wages and employment trends, occupational requirements, and state-by-state labor market conditions and take advantage of the most extensive career resource library online.

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The rate of resource utilization is high, as can be seen most clearly in the tightness of the labor market.

NPR: Bernanke: U.S. Growth 'Moderate' as Inflation Rises

There is a huge qualitative difference between an economy built on natural resource extraction, where the populace is a cost center, and an economy built on productive labor by the population, where increasing capabilities of the society leads to more wealth.

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