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Weathering a storm : survey-based perspectives on employment in China in the aftermath of the global financial crisis (English)

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...
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Cai, Fang; Du,Yang; Giles,John T.; Park,Albert Francis.

Weathering a storm : survey-based perspectives on employment in China in the aftermath of the global financial crisis (English). Paper is funded by the Knowledge for Change Program (KCP)|Policy Research working paper ; no. WPS 5984 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/920501468221678504

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