The Global Economic Crisis and Unemployment in China
- 1 September 2009
- journal article
- Published by Taylor & Francis Ltd in Eurasian Geography and Economics
- Vol. 50 (5), 513-531
- https://doi.org/10.2747/1539-7216.50.5.513
Abstract
Two noted academic specialists on labor economics and population statistics of China examine the impacts of the global economic crisis of 2008-2009 on the job security of urban workers, and the ensuing repercussions for the Chinese society and economy. More specifically, they probe and determine the magnitude of urban unemployment in China in 2008 and 2009 as it appears to be reported in different segments of the country's immense labor market. A particular focus of the paper is on differences in unemployment among two groups of workers (those with urban hukou vis-à-vis rural migrant workers) with significantly different sets of rights and privileges, as well as levels of job security. The authors also provide an estimate of the urban unemployment rate in 2009 that differs from the official rate. They argue that measures toward further integration of rural and urban labor markets and reducing natural unemployment are ultimately more beneficial than short-term interventions to adjust cyclical joblessness stemming from the global economic crisis and recession.Keywords
This publication has 14 references indexed in Scilit:
- The Global Economic Crisis and China's Foreign TradeEurasian Geography and Economics, 2009
- Urban Villages in China: A 2008 Survey of Migrant Settlements in BeijingEurasian Geography and Economics, 2009
- The ChineseHukouSystem at 50Eurasian Geography and Economics, 2009
- Forced Flexibility: A Migrant Woman's Struggle for SettlementThe China Journal, 2009
- Is China Abolishing the Hukou System?The China Quarterly, 2008
- Remapping China's Regional Inequalities, 1990-2006: A New Assessment ofde Factoandde JurePopulation DataEurasian Geography and Economics, 2008
- Labor Discontent in China in Comparative PerspectiveEurasian Geography and Economics, 2007
- Rural urban income gap and critical point of institutional changeEconomic Change and Restructuring, 2007
- The Impact of Temporary Migration on Migrant CommunitiesPublished by Oxford University Press (OUP) ,2007
- Why We Cannot Count the “Unemployed”The China Quarterly, 2001