RSS Feed

Calendar

April 2021
M T W T F S S
« Mar    
 1234
567891011
12131415161718
19202122232425
2627282930  

Search

Tag Cloud

Archives

Boston Globe (April 5)

2021/ 04/ 07 by jd in Global News

“After a year of forced dormancy, the restaurant industry is scrambling to get ready for an expected boom this summer…. Despite a massive labor pool, some restaurants say they are having trouble finding people willing to return to the business. The pandemic, it seems, prompted some to reconsider life in an industry notorious for difficult working conditions.”

 

The Economist (January 26)

2013/ 01/ 28 by jd in Global News

China has reached a major turning point. The number of working-age Chinese fell by a total of 3.45 million in 2012. “The mobilisation of Chinese labour over the past 35 years has shaken the world. Never before has the global economy benefited from such an addition of extra human exertion. Now the additions are over.” With the 15 – 24 year old population expected to decrease by 21% over the next decade, “the shrinking of the working-age population will put downward pressure on the saving rate and upward pressure on wages.” Urbanization and productivity enhancements may lessen the blow, if underutilized workers from the countryside take up more efficient positions in cities.

 

[archive]