Weathering a Storm : Survey-Based Perspectives on Employment in China in the Aftermath of the Global Financial Crisis

Evidence from a range of different sources suggests that Chinese workers lost 20-36 million jobs because of the global financial crisis. Most of these layoffs affected migrant workers, who have typically lacked employment protection, tend to be con...

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Main Authors:	Giles, John, Park, Albert, Cai, Fang, Du, Yang
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ACCOUNTING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS AGGREGATE DEMAND ATTRITION COLLEGE GRADUATES CREATIVE DESTRUCTION DEVELOPMENT POLICY DISMISSAL EARNING EARTHQUAKE ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC SLOWDOWN EMPLOYMENT EMPLOYMENT DYNAMICS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT HISTORIES EMPLOYMENT HISTORY EMPLOYMENT IMPACT EMPLOYMENT IMPACTS EMPLOYMENT LEVELS EMPLOYMENT OPPORTUNITIES EMPLOYMENT POLICIES EMPLOYMENT RATES EMPLOYMENT SHARE EMPLOYMENT TRENDS ENVIRONMENTAL PROTECTION EXPENDITURES EXPORT-ORIENTED ACTIVITIES FAMILY MEMBERS FINANCIAL INSTITUTIONS FIRM LEVEL FIRM SURVEY FIRM SURVEYS FIRM SURVIVAL GOVERNMENT POLICIES GROSS DOMESTIC PRODUCT HIGH EMPLOYMENT HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HUMAN DEVELOPMENT HUMAN RESOURCES INCOME INFORMAL EMPLOYMENT INFORMAL SECTOR INNOVATION INNOVATIONS JOB CREATION JOB LOSS JOB LOSSES JOB SEEKER JOB SEEKERS JOBS LABOR BUREAU LABOR CONTRACT LABOR CONTRACTS LABOR DEMAND LABOR ECONOMICS LABOR FORCE LABOR FORCE PARTICIPATION LABOR LAW LABOR MARKET LABOR MARKET INFORMATION LABOR REGULATION LABOR REGULATIONS LABOR SHORTAGES LABOR STATISTICS LAID-OFF WORKERS LAYOFFS LITERATURE LOCAL GOVERNMENTS LONG-TERM MIGRANT MANDATES MIGRANT MIGRANT FAMILY MIGRANT LABOR MIGRANT WORKERS MIGRANT WORKFORCE MIGRANTS MIGRATION NATIONAL DEVELOPMENT NATIONAL LEVEL NATIONAL POLICIES NUMBER OF WORKERS OCCUPATIONS ON-THE-JOB TRAINING OPEN ACCESS PAPERS POLICY DISCUSSIONS POLICY RESEARCH POLICY RESEARCH WORKING PAPER PROGRESS PUBLIC SERVICES RATES OF GROWTH REAL WAGES RESEARCH COMMUNITY RESEARCHERS RETAIL TRADE RURAL INFRASTRUCTURE RURAL LABOR RURAL RESIDENTS RURAL WORKERS SAFETY SAFETY NET SAFETY NETS SEVERANCE PAY SKILLS TRAINING SOCIAL DEVELOPMENT SOCIAL SCIENCES SOCIAL SECURITY SPOUSES TEMPORARY WORK TERTIARY SECTOR TRAINING PROGRAMS UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT INSURANCE UNSKILLED WORKER URBAN AREAS URBAN MIGRATION URBAN WORKERS VULNERABILITY WAGE SUBSIDIES WORKERS WORKFORCE WORKING HOURS
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120305140151 http://hdl.handle.net/10986/3273

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spelling	okr-10986-32732021-04-23T14:02:08Z Weathering a Storm : Survey-Based Perspectives on Employment in China in the Aftermath of the Global Financial Crisis Giles, John Park, Albert Cai, Fang Du, Yang ACCOUNTING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS AGGREGATE DEMAND ATTRITION COLLEGE GRADUATES CREATIVE DESTRUCTION DEVELOPMENT POLICY DISMISSAL EARNING EARTHQUAKE ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC SLOWDOWN EMPLOYMENT EMPLOYMENT DYNAMICS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT HISTORIES EMPLOYMENT HISTORY EMPLOYMENT IMPACT EMPLOYMENT IMPACTS EMPLOYMENT LEVELS EMPLOYMENT OPPORTUNITIES EMPLOYMENT POLICIES EMPLOYMENT RATES EMPLOYMENT SHARE EMPLOYMENT TRENDS ENVIRONMENTAL PROTECTION EXPENDITURES EXPORT-ORIENTED ACTIVITIES FAMILY MEMBERS FINANCIAL INSTITUTIONS FIRM LEVEL FIRM SURVEY FIRM SURVEYS FIRM SURVIVAL GOVERNMENT POLICIES GROSS DOMESTIC PRODUCT HIGH EMPLOYMENT HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HUMAN DEVELOPMENT HUMAN RESOURCES INCOME INFORMAL EMPLOYMENT INFORMAL SECTOR INNOVATION INNOVATIONS JOB CREATION JOB LOSS JOB LOSSES JOB SEEKER JOB SEEKERS JOBS LABOR BUREAU LABOR CONTRACT LABOR CONTRACTS LABOR DEMAND LABOR ECONOMICS LABOR FORCE LABOR FORCE PARTICIPATION LABOR LAW LABOR MARKET LABOR MARKET INFORMATION LABOR REGULATION LABOR REGULATIONS LABOR SHORTAGES LABOR STATISTICS LAID-OFF WORKERS LAYOFFS LITERATURE LOCAL GOVERNMENTS LONG-TERM MIGRANT MANDATES MIGRANT MIGRANT FAMILY MIGRANT LABOR MIGRANT WORKERS MIGRANT WORKFORCE MIGRANTS MIGRATION NATIONAL DEVELOPMENT NATIONAL LEVEL NATIONAL POLICIES NUMBER OF WORKERS OCCUPATIONS ON-THE-JOB TRAINING OPEN ACCESS PAPERS POLICY DISCUSSIONS POLICY RESEARCH POLICY RESEARCH WORKING PAPER PROGRESS PUBLIC SERVICES RATES OF GROWTH REAL WAGES RESEARCH COMMUNITY RESEARCHERS RETAIL TRADE RURAL INFRASTRUCTURE RURAL LABOR RURAL RESIDENTS RURAL WORKERS SAFETY SAFETY NET SAFETY NETS SEVERANCE PAY SKILLS TRAINING SOCIAL DEVELOPMENT SOCIAL SCIENCES SOCIAL SECURITY SPOUSES TEMPORARY WORK TERTIARY SECTOR TRAINING PROGRAMS UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT INSURANCE UNSKILLED WORKER URBAN AREAS URBAN MIGRATION URBAN WORKERS VULNERABILITY WAGE SUBSIDIES WORKERS WORKFORCE WORKING HOURS Evidence from a range of different sources suggests that Chinese workers lost 20-36 million jobs because of the global financial crisis. Most of these layoffs affected migrant workers, who have typically lacked employment protection, tend to be concentrated in export-oriented sectors, and were among the easiest to dismiss when the crisis hit. Although it was severe, the employment shock was short-lived. By mid-2009, the macroeconomic stimulus and other interventions had succeeded in boosting demand for migrant labor. By early 2010, abundant evidence pointed to scarcity in China's labor market, as labor demand was once again leading to brisk growth in wages.The paper reviews different available sources of evidence for the effects of the crisis, and notes the biases associated with alternative ex post efforts to measure the employment effects of the crisis. In particular, the paper highlights the usefulness of household surveys with employment histories relative to surveys based on sampling through firms. 2012-03-19T17:29:31Z 2012-03-19T17:29:31Z 2012-03-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120305140151 http://hdl.handle.net/10986/3273 English Paper is funded by the Knowledge for Change Program (KCP),Policy Research working paper ; no. WPS 5984 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper East Asia and Pacific East Asia and Pacific East Asia Asia China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCOUNTING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS AGGREGATE DEMAND ATTRITION COLLEGE GRADUATES CREATIVE DESTRUCTION DEVELOPMENT POLICY DISMISSAL EARNING EARTHQUAKE ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC SLOWDOWN EMPLOYMENT EMPLOYMENT DYNAMICS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT HISTORIES EMPLOYMENT HISTORY EMPLOYMENT IMPACT EMPLOYMENT IMPACTS EMPLOYMENT LEVELS EMPLOYMENT OPPORTUNITIES EMPLOYMENT POLICIES EMPLOYMENT RATES EMPLOYMENT SHARE EMPLOYMENT TRENDS ENVIRONMENTAL PROTECTION EXPENDITURES EXPORT-ORIENTED ACTIVITIES FAMILY MEMBERS FINANCIAL INSTITUTIONS FIRM LEVEL FIRM SURVEY FIRM SURVEYS FIRM SURVIVAL GOVERNMENT POLICIES GROSS DOMESTIC PRODUCT HIGH EMPLOYMENT HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HUMAN DEVELOPMENT HUMAN RESOURCES INCOME INFORMAL EMPLOYMENT INFORMAL SECTOR INNOVATION INNOVATIONS JOB CREATION JOB LOSS JOB LOSSES JOB SEEKER JOB SEEKERS JOBS LABOR BUREAU LABOR CONTRACT LABOR CONTRACTS LABOR DEMAND LABOR ECONOMICS LABOR FORCE LABOR FORCE PARTICIPATION LABOR LAW LABOR MARKET LABOR MARKET INFORMATION LABOR REGULATION LABOR REGULATIONS LABOR SHORTAGES LABOR STATISTICS LAID-OFF WORKERS LAYOFFS LITERATURE LOCAL GOVERNMENTS LONG-TERM MIGRANT MANDATES MIGRANT MIGRANT FAMILY MIGRANT LABOR MIGRANT WORKERS MIGRANT WORKFORCE MIGRANTS MIGRATION NATIONAL DEVELOPMENT NATIONAL LEVEL NATIONAL POLICIES NUMBER OF WORKERS OCCUPATIONS ON-THE-JOB TRAINING OPEN ACCESS PAPERS POLICY DISCUSSIONS POLICY RESEARCH POLICY RESEARCH WORKING PAPER PROGRESS PUBLIC SERVICES RATES OF GROWTH REAL WAGES RESEARCH COMMUNITY RESEARCHERS RETAIL TRADE RURAL INFRASTRUCTURE RURAL LABOR RURAL RESIDENTS RURAL WORKERS SAFETY SAFETY NET SAFETY NETS SEVERANCE PAY SKILLS TRAINING SOCIAL DEVELOPMENT SOCIAL SCIENCES SOCIAL SECURITY SPOUSES TEMPORARY WORK TERTIARY SECTOR TRAINING PROGRAMS UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT INSURANCE UNSKILLED WORKER URBAN AREAS URBAN MIGRATION URBAN WORKERS VULNERABILITY WAGE SUBSIDIES WORKERS WORKFORCE WORKING HOURS
spellingShingle	ACCOUNTING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS AGGREGATE DEMAND ATTRITION COLLEGE GRADUATES CREATIVE DESTRUCTION DEVELOPMENT POLICY DISMISSAL EARNING EARTHQUAKE ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC SLOWDOWN EMPLOYMENT EMPLOYMENT DYNAMICS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT HISTORIES EMPLOYMENT HISTORY EMPLOYMENT IMPACT EMPLOYMENT IMPACTS EMPLOYMENT LEVELS EMPLOYMENT OPPORTUNITIES EMPLOYMENT POLICIES EMPLOYMENT RATES EMPLOYMENT SHARE EMPLOYMENT TRENDS ENVIRONMENTAL PROTECTION EXPENDITURES EXPORT-ORIENTED ACTIVITIES FAMILY MEMBERS FINANCIAL INSTITUTIONS FIRM LEVEL FIRM SURVEY FIRM SURVEYS FIRM SURVIVAL GOVERNMENT POLICIES GROSS DOMESTIC PRODUCT HIGH EMPLOYMENT HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HUMAN DEVELOPMENT HUMAN RESOURCES INCOME INFORMAL EMPLOYMENT INFORMAL SECTOR INNOVATION INNOVATIONS JOB CREATION JOB LOSS JOB LOSSES JOB SEEKER JOB SEEKERS JOBS LABOR BUREAU LABOR CONTRACT LABOR CONTRACTS LABOR DEMAND LABOR ECONOMICS LABOR FORCE LABOR FORCE PARTICIPATION LABOR LAW LABOR MARKET LABOR MARKET INFORMATION LABOR REGULATION LABOR REGULATIONS LABOR SHORTAGES LABOR STATISTICS LAID-OFF WORKERS LAYOFFS LITERATURE LOCAL GOVERNMENTS LONG-TERM MIGRANT MANDATES MIGRANT MIGRANT FAMILY MIGRANT LABOR MIGRANT WORKERS MIGRANT WORKFORCE MIGRANTS MIGRATION NATIONAL DEVELOPMENT NATIONAL LEVEL NATIONAL POLICIES NUMBER OF WORKERS OCCUPATIONS ON-THE-JOB TRAINING OPEN ACCESS PAPERS POLICY DISCUSSIONS POLICY RESEARCH POLICY RESEARCH WORKING PAPER PROGRESS PUBLIC SERVICES RATES OF GROWTH REAL WAGES RESEARCH COMMUNITY RESEARCHERS RETAIL TRADE RURAL INFRASTRUCTURE RURAL LABOR RURAL RESIDENTS RURAL WORKERS SAFETY SAFETY NET SAFETY NETS SEVERANCE PAY SKILLS TRAINING SOCIAL DEVELOPMENT SOCIAL SCIENCES SOCIAL SECURITY SPOUSES TEMPORARY WORK TERTIARY SECTOR TRAINING PROGRAMS UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT INSURANCE UNSKILLED WORKER URBAN AREAS URBAN MIGRATION URBAN WORKERS VULNERABILITY WAGE SUBSIDIES WORKERS WORKFORCE WORKING HOURS Giles, John Park, Albert Cai, Fang Du, Yang Weathering a Storm : Survey-Based Perspectives on Employment in China in the Aftermath of the Global Financial Crisis
geographic_facet	East Asia and Pacific East Asia and Pacific East Asia Asia China
relation	Paper is funded by the Knowledge for Change Program (KCP),Policy Research working paper ; no. WPS 5984
description	Evidence from a range of different sources suggests that Chinese workers lost 20-36 million jobs because of the global financial crisis. Most of these layoffs affected migrant workers, who have typically lacked employment protection, tend to be concentrated in export-oriented sectors, and were among the easiest to dismiss when the crisis hit. Although it was severe, the employment shock was short-lived. By mid-2009, the macroeconomic stimulus and other interventions had succeeded in boosting demand for migrant labor. By early 2010, abundant evidence pointed to scarcity in China's labor market, as labor demand was once again leading to brisk growth in wages.The paper reviews different available sources of evidence for the effects of the crisis, and notes the biases associated with alternative ex post efforts to measure the employment effects of the crisis. In particular, the paper highlights the usefulness of household surveys with employment histories relative to surveys based on sampling through firms.
format	Publications & Research :: Policy Research Working Paper
author	Giles, John Park, Albert Cai, Fang Du, Yang
author_facet	Giles, John Park, Albert Cai, Fang Du, Yang
author_sort	Giles, John
title	Weathering a Storm : Survey-Based Perspectives on Employment in China in the Aftermath of the Global Financial Crisis
title_short	Weathering a Storm : Survey-Based Perspectives on Employment in China in the Aftermath of the Global Financial Crisis
title_full	Weathering a Storm : Survey-Based Perspectives on Employment in China in the Aftermath of the Global Financial Crisis
title_fullStr	Weathering a Storm : Survey-Based Perspectives on Employment in China in the Aftermath of the Global Financial Crisis
title_full_unstemmed	Weathering a Storm : Survey-Based Perspectives on Employment in China in the Aftermath of the Global Financial Crisis
title_sort	weathering a storm : survey-based perspectives on employment in china in the aftermath of the global financial crisis
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120305140151 http://hdl.handle.net/10986/3273
_version_	1764386715758231552

Weathering a Storm : Survey-Based Perspectives on Employment in China in the Aftermath of the Global Financial Crisis

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