Labor shortage to continue 2nd half 2010 - Zhang Juwei

Zhang Juwei by Fantake via Flickr

The increasing shortage for labor in same industries, especially in the export industries, is likely going to continue in the near future as hiring hits a six-year record, tells professor Zhang Juwei in the English language media of the central government.

"The labor shortage, together with the contradiction that many businesses cannot find employees when many are jobless, would become a permanent phenomenon in our society," said Zhang Juwei, professor and director of the labor and social security research center at the Chinese Academy of Social Sciences.

He said the increased hiring enthusiasm in the third and fourth quarter of this year would widen the gap, considering that the nation's economy is recovering rapidly and the new workforce pool is decreasing.

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Do no need to learn more about the developments on China's labor market? Professor Zhang Juwei is a speaker at the China Speakers Bureau. Do get in touch if you need him at your meeting or conference.

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