Wednesday, February 4, 2009

China 2009 Crisis - 20 Million Lose Jobs

Hindustan Times 3 Feb 2009

State media Xinhua quoted a senior official taht abut 20 million migrant workers returned home form urban areas. Chen xiwen, Director of the Office of Central Rural Work Leading group is the offical quoted. Government issued a warning that 2009 would be China's toughest year since 2000.

China's colleges will produce at least 6 million graduates this year. Last 1.5 million could not find employment

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