日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Job market is not working for some

By Ding Qingfen and Chen Jia in Beijing and Yu Ran in Wenzhou (China Daily) Updated: 2012-07-26 10:39

Signs of economic stress are increasingly apparent, Ding Qingfen and Chen Jia in Beijing and Yu Ran in Wenzhou report.

The job market has started to show signs of stress, and while the situation is nowhere near as bad as in 2008, life is getting harder for employers and employees alike.

Job market is not working for some

Job seekers look for opportunities at an employment market in Lianyungang, Jiangsu province on July 21, 2012. China's job market has been showing signs of stress. [Photo/China Daily]

Pugongzhong road in Wenzhou city, Zhejiang province, provides a perfect example of the problem. It was once home to more than 40 manufacturers and exporters, but now only around 10 are left and many are struggling to keep their heads above water.

Wenzhou Jinlishi Shoes Co, and its 300 workforce, is one of them. In the company's No 1 workshop, covering an area of 500 square meters, fewer than 40 workers man the production line and the atmosphere is far from hectic.

"It's hard to do business. Orders have been declining since last year. And what's worse, costs continue to increase, with both wages and raw materials surging by 20 percent," said Ke Zhongliang, the sales manager.

"We have no choice but to cut jobs," he said.

So far this year, the company has terminated the contracts of 100 employees and closed one of its three production lines.

The parlous state at Jinlishi is one of the indicators that suggest an increasing number of workers are being laid off. Moreover, economic conditions mean it's getting tougher to find employment. Economic growth has decelerated to the slowest pace in three years as a result of the European debt crisis and the government's crackdown on property speculation.

In the heavy industry sector, some of China's largest companies have laid off workers or implemented hiring freezes in the past few months. Media reports claim that Sany Group, the country's biggest manufacturer of construction equipment by revenue, has downsized its workforce in the manufacturing, sales and research divisions. The company denied the reports, insisting that it is simply controlling the growth of its 51,000-strong workforce.

In the construction sector, a large number of migrant workers are finding it hard to extend their contracts and many plan to return home.

"The three big sectors that are currently dragging on the economy - infrastructure, real estate and exports - are big employers," according to a report by Stephen Green, chief China economist at Standard Chartered Bank.

The National Bureau of Statistics said recently that China's gross domestic product slowed to 7.6 percent in the second quarter from a year earlier, the sixth straight quarterly slowdown.

Meanwhile, economists and officials have warned that the world's second-biggest economy has yet to hit bottom, predicting that expansion may further cool to 7.4 percent in the third quarter, citing weak overseas demand.

Overseas shipments in the first half gained by 9.2 percent year-on-year and imports surged by 6.7 percent, said the General Administration of Customs. The Ministry of Commerce said the outlook is gloomy, and warned that it will not be easy to maintain growth of 10 percent in foreign trade across the entire year.

Job market is not working for some

Previous Page 1 2 3 4 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: v片在线观看 | 成年人黄色大片 | 国产一二在线 | 久久精品一级片 | 久久久久久9999 | 国产九色91 | 色姑娘av | 99re这里只有精品6 | 亚洲成人另类 | 97视频国产| 成人黄色免费网 | 欧美午夜一区二区 | 久久久久久国产精品视频 | 色妇网 | 亚洲精品综合 | 久久九九国产 | 日本成人社区 | 国产精品第9页 | 四虎成人精品 | 免费日本黄色片 | 国产精品情侣自拍 | 视频一区国产 | 色视频在线观看免费 | 天天爽夜夜爽夜夜爽精品视频 | 亚洲成年网站 | www.男人的天堂 | 日韩精品第一页 | 欧美视频精品 | 久久久www成人免费毛片 | 中文久草 | 噼里啪啦在线观看 | 天堂中文字幕在线观看 | 欧美日韩精品 | 国产激情网址 | 黄色一级小视频 | 亚洲精品视频在线播放 | 97国产精品人人爽人人做 | 国产小毛片 | 午夜婷婷网 | 久久久三区 | 黑人操女人 |