Unemployment in China.pdf

Unemployment in China

Unemployment in China offers a new and invaluable insight into the Chinese economy, keenly analyzing the new directions the worlds next superpower is now taking.Successfully bringing together a wide range of research and evidence from leading scholars in the field, this book shows how unemployment is one of the key issues facing the Chinese economy. Chinas market-oriented economic reform and industrial restructuring, while greatly improving efficiency, have also sharply reduced overstaffing, leading to a large increase in unemployment. At the same time, further restructuring is predicted as the full impact of the accession to the WTO is felt throughout China. A further problem is that new jobs in Chinas growth industries are more likely to be secured by younger, better-qualified workers than by older, poorly educated and unskilled workers who have been laid off. This book discusses a wide range of issues related to the growing unemployment problem in China and examines the problems in particular cities, appraises the government response, and assesses the prospects going forward.

HONG KONG (Reuters Breakingviews) - China’s new unemployment measure has a big job ahead. In the first regular monthly numbers using surveys, Beijing reported a 5.1 percent jobless rate. United States Unemployment Rate | 1948-2020 …

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Unemployment in China.pdf

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