000 02326cam a22003974a 4500
001 5984
003 The World Bank
006 m d
007 cr cn|||||||||
008 020129s2012 dcu i001 0 eng
024 8 _a10.1596/1813-9450-5984
035 _a(The World Bank)5984
100 1 _aGiles, John
245 1 0 _aWeathering a Storm
_h[electronic resource] :
_bSurvey-Based Perspectives on Employment in China in the Aftermath of the Global Financial Crisis /
_cJohn Giles
260 _aWashington, D.C.,
_bThe World Bank,
_c2012
300 _a1 online resource (33 p.)
520 3 _aEvidence from a range of different sources suggests that Chinese workers lost 20-36 million jobs because of the global financial crisis. Most of these layoffs affected migrant workers, who have typically lacked employment protection, tend to be concentrated in export-oriented sectors, and were among the easiest to dismiss when the crisis hit. Although it was severe, the employment shock was short-lived. By mid-2009, the macroeconomic stimulus and other interventions had succeeded in boosting demand for migrant labor. By early 2010, abundant evidence pointed to scarcity in China's labor market, as labor demand was once again leading to brisk growth in wages. The paper reviews different available sources of evidence for the effects of the crisis, and notes the biases associated with alternative ex post efforts to measure the employment effects of the crisis. In particular, the paper highlights the usefulness of household surveys with employment histories relative to surveys based on sampling through firms.
650 4 _aEmployment
650 4 _aGlobal Financial Crisis
650 4 _aLabor Markets
650 4 _aLabor Policies
650 4 _aLabor Standards
650 4 _aPopulation Policies
650 4 _aSocial Development
650 4 _aSocial Protections and Labor
650 4 _aTertiary Education
651 4 _aAsia
651 4 _aChina
700 1 _aCai, Fang
700 1 _aDu, Yang
700 1 _aGiles, John
700 1 _aPark, Albert
776 1 8 _aPrint version:
_iGiles, John.
_tWeathering a Storm.
_dWashington, D.C. : The World Bank, 2012
830 0 _aPolicy research working papers.
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/1813-9450-5984
999 _c141736
_d141736