Because offshore raises the relative wage of labor, it has an impact on both the demand for skilled labor and the pay of skilled labor in the home nation.
To sustain oneself, another person, or the needs and goals of a larger community, people engage in work or labor. Alternately, labor may be seen of as human effort that, along with other components of production, contributes to the commodities and services that make up an economy.
All cultures depend on work, but the nature of that work varies greatly between and within communities. labor can range from manually obtaining natural resources to running sophisticated technology that eliminate the need for many people to exert physical or even mental effort. Other resources, specialized knowledge, and tools are also needed for all but the simplest jobs. People and cultures have exhibited a broad diversity of views regarding labor throughout history.
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