Wednesday, November 30, 2011

China's Labor Tests Its Muscle



A labor shortage had occur in South east of China due to the fact that many factories are operating in the deeper part of china, and workers are now able to find jobs closer to home. Many factories in Zhongshan have been operating with vacancies of 15 to 20 percent. Young Chinese factory workers had raised their expectations rapidly. This is mainly due to the decrease in supply of unskilled worker in China. The expanded university enrollment, the one child policy in China had largely decreased the supply of factory workers. Therefore, together with the rapid raise of living cost and housing cost, the factory wage in China is expected to rise rapidly in the up coming years.

http://topics.nytimes.com/top/news/international/countriesandterritories/china/labor-issues/index.html?scp=1&sq=china%20wage&st=cse

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