Job Market Monitor
China
The complexities of 21st century brain ‘exchange’ – University World News
The emerging economies of the BRICs – Brazil, Russia, India and China – will, it is assumed, lure back home both students who go abroad to study and some graduates who have settled in the West, because of their dramatic economic growth and expanding higher education systems. The problem is that data seem to show … Continue reading
Global Economic Growth Momentum Turns Positive – IDEX Online News – IDEX Online Research:
Composite Leading Economic Indicators (CLI) in February points to a positive change in momentum for major geopolitical entities, according to the OECD. Previously, there has been little overall change in the Composite Leading Indicators, most of which were in negative territory. The Composite Leading Indicators’ positive momentum is being driven primarily by the United States … Continue reading
Companies Move Manufacturing Jobs Back to America – ABC News
A factory sits empty. It’s not in the Rust Belt, nor is it part of a manufacturing exodus that has cost the U.S. thousands of jobs. It is a factory in Shenzhen, China, and the American company that once employed Chinese workers is now packing up, coming home and bringing the jobs with them. John … Continue reading
China | Hu Jintao stresses employment
More effort needs to be put into bolstering China’s job market, President Hu Jintao has said. Hu, also general secretary of the Communist Party of China (CPC) Central Committee, made the remarks Monday at the 32nd group study of the Political Bureau of the CPC Central Committee. Increasing employment is key to guarantying and improving … Continue reading
Most jobs are not lost, they merely end up elsewhere
The structure of the economy – as represented by the relative sizes of the various industry sectors – is always changing. Normally the rate of change is so slow we don’t notice it. At present, however, the pace of change is much quicker than usual. These pressures are coming from outside Australia. Many are the … Continue reading
The China Syndrome: Local Labor Market Effects of Import Competition in the United States
“The value of annual U.S. goods imports from China has increased by a staggering 1,156% from 1991 to 2007.” write David H. Autor, David Dorn and Gordon H. Hanson in The China Syndrome: Local Labor Market Effects of Import Competition in the United States on mit.edu. The rapid increase in U.S. exposure to trade with China and other developing economies suggests … Continue reading
Migrants elbow for Foxconn jobs despite labor probe – Business LIVE
Apple’s top manufacturer in China, Foxconn Technology, is having no problems luring fresh workers to churn out ever more gadgets, despite the firm’s reputation as a tough employer that has put it under a thorough probe into its labor practices. On a smoggy day in a gritty industrial suburb of Shenzhen, thousands of job seekers, … Continue reading
Ireland | Jobs plan is limited and won’t help grow new business, say experts – National News – Independent.ie
Taoiseach Enda Kenny last week ambitiously pledged to deliver more than 100,000 jobs by 2016 through a wide range of measures spanning 15 departments and 36 State agencies. And this weekend, the visit by Chinese Vice President Xi Jinping will focus on developing business opportunities between Ireland and China. Mr Kenny admitted last week that … Continue reading
Demographic Dividends, Dependencies And Economic Growth In China And India
The world‟s two population giants have undergone significant, and significantly different, demographic transitions since the 1950s. The demographic dividends associated with these transitions during the first three decades of this century are examined using a global economic model that incorporates full demographic behavior and measures of dependency that reflect the actual number of workers to … Continue reading
Is English or Mandarin the language of the future? – BBC News
English has been the dominant global language for a century, but is it the language of the future? If Mandarin Chinese is to challenge English globally, then it first has to conquer its own backyard, South East Asia. The assumption that Mandarin will grow with China’s economic rise may be flawed. Consider Japan which, after … Continue reading
China’s Slowdown – EconoMonitor
Yesterday I was on China Radio International (CRI) talking about the latest figures and trends for the Chinese economy: the drop in real estate, record bank profits, weak trade and PMI data, and persistent inflation. The overarching question was whether the perceived slowdown in China’s economy is real, and how worried we should be about … Continue reading
Why America Needs Skilled Workers from India and China – NRI Matters
President Obama, after sending the annual budgetary proposal (for the fiscal year 2013) to the Congress, said that he does not want US companies to look for skilled and educated workers from India and China in field of engineering, technology and science. Well, Mr. President, this is not going to happen any time soon. Let … Continue reading
Worker suicides prompt probe | chinadaily.com.cn
An investigation has been launched at a stationery company in Humen, Guangdong province, after two employees committed suicide last week. Xie Yanfang, an official with Dongguan city bureau of human resources, promised that the company, Nanshan International Stationery, would be punished if it was found to have violated laws and regulations in connection with the … Continue reading
Foxconn to Raise Salaries for Workers by Up to 25% – NYTimes.com
Foxconn Technology, one of the biggest manufacturers of products for Apple, Dell, Hewlett-Packard and other electronics companies, said Saturday that it would sharply raise worker salaries at its Chinese factories. Foxconn said that salaries for many workers would immediately jump by 16 to 25 percent, to about $400 a month, before overtime. The company also … Continue reading
Foxconn’s Other Dirty Secret: The World’s Largest ‘Internship’ Program | Motherboard
In June 2010, a university student named Liu Jiang arrived in the southern Chinese city of Foshan to begin his summer internship, at a factory that produces LCD screens for laptops and cell phones for the manufacturing giant Foxconn. As a student at the Dongfang Vocational School of Technology in the northern city of Shijiazhuang, … Continue reading
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