The Impact of the Global Financial Crisis on Off-farm Employment and Earnings in Rural China
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 200...
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okr-10986-39252021-04-23T14:02:13Z The Impact of the Global Financial Crisis on Off-farm Employment and Earnings in Rural China Huang, Jikun Zhi, Huayong Huang, Zhurong Rozelle, Scott Giles, John ADJUSTMENT PROCESS AFFECTED WORKERS AGE GROUP AGRICULTURAL UNIVERSITIES AVERAGE WAGE BONUSES CRISES CULTIVATED LAND EARNING ECONOMIC SHOCKS ECONOMIC SLOWDOWN EDUCATIONAL ATTAINMENT EMPLOYMENT EMPLOYMENT EFFECT EMPLOYMENT EFFECTS EMPLOYMENT HISTORIES EMPLOYMENT HISTORY EMPLOYMENT RATE EMPLOYMENT RATES EMPLOYMENT SHARE EMPLOYMENT SITUATION EMPLOYMENT STATUS EMPLOYMENT TRENDS FARM FARM EMPLOYMENT FARM WORK FARMING FEMINIZATION OF AGRICULTURE GENDER DISPARITIES GLOBAL LABOR MARKET GLOBAL MARKETS HUMAN DEVELOPMENT HUMAN RESOURCES INCOME INCOME DISTRIBUTIONS INTEREST RATES INTERNATIONAL MARKETS JOB LOSS JOB PLACEMENT JOB SEARCH JOBS LABOR ECONOMICS LABOR FORCE LABOR MARKET LABOR MARKET FLEXIBILITY LABOR MARKETS LABOR SUPPLY LABORERS LABOUR LABOUR FORCE LAID-OFF WORKERS LAYOFF LAYOFFS LITERATURE LONG-TERM UNEMPLOYMENT MIGRANT LABOR OLDER WORKERS PAPERS POOR HOUSEHOLDS PRODUCE PUBLIC SERVICES RESEARCHERS RURAL EMPLOYMENT RURAL LABOR RURAL LABOR MARKETS RURAL WORKERS SELF EMPLOYED SERVICE SECTOR SOCIAL SCIENCES UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT RATE UNSKILLED WORKER UNSKILLED WORKERS WAGES WORK FORCE WORK IN PROGRESS WORKERS WORKING YOUNGER WORKERS 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 instability. 2012-03-19T18:42:17Z 2012-03-19T18:42:17Z 2010-10-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101008100632 http://hdl.handle.net/10986/3925 English Policy Research working paper ; no. WPS 5439 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
ADJUSTMENT PROCESS AFFECTED WORKERS AGE GROUP AGRICULTURAL UNIVERSITIES AVERAGE WAGE BONUSES CRISES CULTIVATED LAND EARNING ECONOMIC SHOCKS ECONOMIC SLOWDOWN EDUCATIONAL ATTAINMENT EMPLOYMENT EMPLOYMENT EFFECT EMPLOYMENT EFFECTS EMPLOYMENT HISTORIES EMPLOYMENT HISTORY EMPLOYMENT RATE EMPLOYMENT RATES EMPLOYMENT SHARE EMPLOYMENT SITUATION EMPLOYMENT STATUS EMPLOYMENT TRENDS FARM FARM EMPLOYMENT FARM WORK FARMING FEMINIZATION OF AGRICULTURE GENDER DISPARITIES GLOBAL LABOR MARKET GLOBAL MARKETS HUMAN DEVELOPMENT HUMAN RESOURCES INCOME INCOME DISTRIBUTIONS INTEREST RATES INTERNATIONAL MARKETS JOB LOSS JOB PLACEMENT JOB SEARCH JOBS LABOR ECONOMICS LABOR FORCE LABOR MARKET LABOR MARKET FLEXIBILITY LABOR MARKETS LABOR SUPPLY LABORERS LABOUR LABOUR FORCE LAID-OFF WORKERS LAYOFF LAYOFFS LITERATURE LONG-TERM UNEMPLOYMENT MIGRANT LABOR OLDER WORKERS PAPERS POOR HOUSEHOLDS PRODUCE PUBLIC SERVICES RESEARCHERS RURAL EMPLOYMENT RURAL LABOR RURAL LABOR MARKETS RURAL WORKERS SELF EMPLOYED SERVICE SECTOR SOCIAL SCIENCES UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT RATE UNSKILLED WORKER UNSKILLED WORKERS WAGES WORK FORCE WORK IN PROGRESS WORKERS WORKING YOUNGER WORKERS |
spellingShingle |
ADJUSTMENT PROCESS AFFECTED WORKERS AGE GROUP AGRICULTURAL UNIVERSITIES AVERAGE WAGE BONUSES CRISES CULTIVATED LAND EARNING ECONOMIC SHOCKS ECONOMIC SLOWDOWN EDUCATIONAL ATTAINMENT EMPLOYMENT EMPLOYMENT EFFECT EMPLOYMENT EFFECTS EMPLOYMENT HISTORIES EMPLOYMENT HISTORY EMPLOYMENT RATE EMPLOYMENT RATES EMPLOYMENT SHARE EMPLOYMENT SITUATION EMPLOYMENT STATUS EMPLOYMENT TRENDS FARM FARM EMPLOYMENT FARM WORK FARMING FEMINIZATION OF AGRICULTURE GENDER DISPARITIES GLOBAL LABOR MARKET GLOBAL MARKETS HUMAN DEVELOPMENT HUMAN RESOURCES INCOME INCOME DISTRIBUTIONS INTEREST RATES INTERNATIONAL MARKETS JOB LOSS JOB PLACEMENT JOB SEARCH JOBS LABOR ECONOMICS LABOR FORCE LABOR MARKET LABOR MARKET FLEXIBILITY LABOR MARKETS LABOR SUPPLY LABORERS LABOUR LABOUR FORCE LAID-OFF WORKERS LAYOFF LAYOFFS LITERATURE LONG-TERM UNEMPLOYMENT MIGRANT LABOR OLDER WORKERS PAPERS POOR HOUSEHOLDS PRODUCE PUBLIC SERVICES RESEARCHERS RURAL EMPLOYMENT RURAL LABOR RURAL LABOR MARKETS RURAL WORKERS SELF EMPLOYED SERVICE SECTOR SOCIAL SCIENCES UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT RATE UNSKILLED WORKER UNSKILLED WORKERS WAGES WORK FORCE WORK IN PROGRESS WORKERS WORKING YOUNGER WORKERS Huang, Jikun Zhi, Huayong Huang, Zhurong Rozelle, Scott Giles, John The Impact of the Global Financial Crisis on Off-farm Employment and Earnings in Rural China |
geographic_facet |
The World Region The World Region |
relation |
Policy Research working paper ; no. WPS 5439 |
description |
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 instability. |
format |
Publications & Research :: Policy Research Working Paper |
author |
Huang, Jikun Zhi, Huayong Huang, Zhurong Rozelle, Scott Giles, John |
author_facet |
Huang, Jikun Zhi, Huayong Huang, Zhurong Rozelle, Scott Giles, John |
author_sort |
Huang, Jikun |
title |
The Impact of the Global Financial Crisis on Off-farm Employment and Earnings in Rural China |
title_short |
The Impact of the Global Financial Crisis on Off-farm Employment and Earnings in Rural China |
title_full |
The Impact of the Global Financial Crisis on Off-farm Employment and Earnings in Rural China |
title_fullStr |
The Impact of the Global Financial Crisis on Off-farm Employment and Earnings in Rural China |
title_full_unstemmed |
The Impact of the Global Financial Crisis on Off-farm Employment and Earnings in Rural China |
title_sort |
impact of the global financial crisis on off-farm employment and earnings in rural china |
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_20101008100632 http://hdl.handle.net/10986/3925 |
_version_ |
1764389049637797888 |