China's job market seen worsening
B
EIJING, March 21 (UPI) -- Nearly half of those seeking jobs in China
will not be able to find work, Japanese daily Asahi Shimbun reported
Wednesday.
The Japanese newspaper said that while there will be about 24 million
people seeking work in urban metropolitan regions across China, about
half of them will not be able to find and work at all in the city.
Asahi quoted the country's labor and social security department
officials stating that even though surging economic growth will create
about 9 million new jobs, only about 1.2 million new paid positions
will likely be available, even when openings made by those going into
retirement are taken into account.
The daily pointed out that while China produced a record number of
university graduates last year, about 30 percent of those with degrees
were unable to find jobs. It added that employment prospects will
become increasingly difficult even for those with higher education.
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here, not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
daranc@NOSPAMverizon.net
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