Transformations of China’s labour market after 2008

The past decade after financial crisis has witnessed profound changes in the Chinese labour market: Its integrating process of labour markets segmented one for migrant workers; the overall labour shortage confronts with severe youth unemployment; the rapid wage growth failed to offer a fair income d...

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Bibliographic Details
Main Author: Li, Cheng
Format: Online
Language:English
Published: Universidade Estadual de Campinas 2019
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Online Access:https://econtents.sbu.unicamp.br/inpec/index.php/rbest/article/view/12541
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Summary:The past decade after financial crisis has witnessed profound changes in the Chinese labour market: Its integrating process of labour markets segmented one for migrant workers; the overall labour shortage confronts with severe youth unemployment; the rapid wage growth failed to offer a fair income distribution; the slowing increment of working-age population no more offsets the diminishing demographic dividend, to name a few. Along with these changes, massive industrial unrest occurred and tended to be politicised since 2010. And migrant workers are seen with strong potentials leading the pioneering role of the current labour movement. In short, these transformations are rather passively responses to the changing economic reconfigurations and pushed by proactive labour market policies. This paper, through multiple analyses of the labour market, closely follows workers’ response, and exposes the State’s strategy for transforming the labour market based on an ordoliberal ideology.
ISSN:2674-9564