The impact of the global financial crisis on off-farm employment and earnings in rural China / Huang, Zhurong
Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Publisher: Washington, D.C : The World Bank, 2010Description: Online-Ressource (41 p)Additional physical formats: Huang, Zhurong: The impact of the global financial crisis on off-farm employment and earnings in rural China DOI: DOI: 10.1596/1813-9450-5439Online resources: Summary: This paper examines the effect of the financial crisis on off-farm employment of China's rural labor force. Using a national representative data set collected from across China, the paper finds that there was a substantial impact. By April 2009 the reduction in off-farm employment as a result of the crises was 6.8 percent of the rural labor force. Monthly earnings also declined. However, while it is estimated that 49 million were laid-off between October 2008 and April 2009, half of them were re-hired in off-farm work by April 2009. By August 2009, less than 2 percent of the rural labor force was unemployed due to the crisis. The robust recovery appears to have helped avoid instabilityPPN: PPN: 83496824XPackage identifier: Produktsigel: ZDB-1-WBA | ZDB-110-WBLNo physical items for this record
2010. (World Bank eLibrary) |2010||||||||||