Hard Time for China’s Working Class

Friday, November 14, 2008 20:16
Posted in category The Big Picture

Last week while speaking to a friend, we were discussing some of the early ripples that were coming ashore in China.

One of the statistics that she mentioned to me was that at her firm, big services firm, a single job posting for a management trainee position had 20,000 submissions.  20,000!

Another friend in the social audit business told me that people were already leaving the factories to return home.  3 months early.

For China, where nearly every statistic can be tied to the population, it will be important for stimulus packages to not only keep people employed, but also keep them gainfully employed.

[youtube width=”425″ height=”335″]http://www.youtube.com/watch?v=Ax3gEF3MfwU[/youtube]

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