GlobalAutoTV
Click to watch Edward Carpenter -
Click to watch Edward Carpenter -
asia resources


Need an office in Asia? Office suites, meeting rooms, virtual offices, network access



free downloads
JAPAN: "Doing Business in Japan" Guide by Lex Mundi

JAPAN: "Doing Business in Japan" Guide by Lex Mundi.

proceed to download
eJournals




back to index backASIAtalk March,  2006


China Facing Serious Job Shortage

China's cities are facing serious employment problems with only 11 million new urban jobs expected to be created this year but 25 million people needing to find work, the government said Feb. 13. The National Development and Reform Commission, the government's main economic planning department, said the shortage of 14 million jobs was around one million more than last year.

Nationwide, around 17 million new job-seekers are expected to enter the labor market this year, while millions of others will be laid off, further fueling the need to create more jobs, it said. Sixty percent of those 17 million job-seekers will come from rural areas, who will be mainly looking for jobs in the cities. By the end of the year 4.13 million college graduates, 750,000 more than last year, will also be seeking jobs. The report said one of the reasons behind the rising unemployment pressure was a general economic overcapacity, especially as firms seek to streamline their operations.

Despite the excess of the 13 million new job-seekers last year, the registered urban unemployment rate officially held steady at 4.2% at the end of 2005. China's unemployment figures do not include up to 200 million "surplus" rural workers, many of whom seek jobs in the cities, Xinhua news agency said Tuesday. China maintains other job categories, like "laid off" or "workers awaiting employment," who also do not factor into official unemployment figures.

Source: Agence France-Presse - GAI


previous page

go top



search our site


Loading

ASIAtalk

Other articles from the same issue (March,  2006).

Automotive and Components Market in Asia report
play read on

India's Hottest Jobs
play read on

India becomes an international player
play read on

Japanese Parts Makers’ Group To Teach Indonesian Suppliers Art of Die-Making
play read on

Why the Next Decade Will Be Neither Chinese Nor Indian
play read on

The rise of China and its implications for the division of labor in Asia
play read on

China Facing Serious Job Shortage
play read on

Shanghai Property Market Overview
play read on

Navigating the Visa Process in Asia-Pacific—A Guide for India, Japan, and the People’s Republic of China
play read on

Country Profile: South Korea
play read on

Outsourcing Frontier: Yanks Need Apply
play read on

Global Insight Raises China Growth Forecasts
play read on

The Siren Song of Technonationalism
play read on

Our Take: Analyzing Aberdeen’s Take on Middle Market Sourcing
play read on


Our Free eJournals
GlobalAutoExperts

To visit GlobalAutoExperts Directory, click here.


©2008 GlobalAutoIndustry.com | HCI Group, Ltd.
101 West Big Beaver Road, Suite 1400 | Troy, MI 48084 USA
USA Tel: +1.248.687.1060 | USA Fax: +1.248.927.0347
Fax UK: +44.(0)845.127.4765 | Fax Europe: +31.20.524.1659 | Fax Asia: +852.3015.8120