As factories relocate to other countries, local wages will rise faster than they did in China because the potential pools of surplus labor are smaller.

WSJ: China's Rising Wages Propel Prices

China may be turning from a labor surplus to a labor shortage economy.

FORBES: Why A Labor Shortage Is Good News For The Chinese Economy

To paraphrase John Stuart Mill, we trade products for products, the surplus of our labor for the surplus of others.

FORBES: Monetarism and Keynesianism: Identical Sides of the Same Adolescent Coin

The answer is nowhere because our labor surplus caps employment costs for major corporations.

FORBES: The Fed Is Your Oldest Best Friend

Simple labor economics might seem to predict that a wage floor would necessarily lead to a labor surplus.

FORBES: What We Need Is A Randomized Minimum Wage

During China's 30 years of economic growth, hundreds of millions of factory and urban jobs soaked up surplus rural farm labor.

WSJ: China's Rising Wages Propel Prices

With the negligible surplus, Mr Costello has left the Labor leader, Kim Beazley, little room to offer big promises in the election.

ECONOMIST: The government bids to stay in power

The labor unrest had left many analysts forecasting a smaller-than-expected market surplus for platinum this year, with some saying the market could even become balanced if the labor disruptions lasted for long enough.

FORBES: Platinum Group Metals Tumble As South African Labor Issues Resolved

In the past we have argued that colleges have produced a surplus of college graduates (at least in terms of the labor market demand for workers with a college education).

FORBES: So, Exactly Why Are They Going to College?