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...

Full description

Bibliographic Details
Main Authors: Huang, Jikun, Zhi, Huayong, Huang, Zhurong, Rozelle, Scott, Giles, John
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
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_20101008100632
http://hdl.handle.net/10986/3925
id okr-10986-3925
recordtype oai_dc
spelling 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