2014-01-28
China's Tightening Labor Market Suggests No Rush To Ease Policy
The author is Nomura economist Zhiwei Zhang China's GDP growth slowed to 7.7% in the fourth quarter 2013 from 7.8% in the third quarter, but the labor market in China tightened further. The labor market demand-supply ratio rose to 1.10 in the fourth quarter from 1.07, implying that for every 100 job seekers in China, […]
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