Latest Labor Market Report: Wages of Migrant Workers will Continue to Rise
Published:
2010-09-29
A quarterly report released by the Institute of Economic Research of Renmin University of China in recent days, found that labor demand in the eastern, western, and central regions of China has once again outstripped supply, creating unprecedented demand for labor. As a result, the wages of migrant workers are predicted to continue to rise. The report also contends that growing labor demand will spread to higher-end industries, leading to changes in China's income distribution and prompting the next stage of China's economic development.
Source
21st Century Business Herald
Google Translation
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