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Article: Mfg. job growth in China is headed up, not down; 109 million mfg. workers.(Good Luck Competing Against Chinese Labor Costs)
- Article from:
- Manufacturing & Technology News
- Article date:
- May 2, 2006
- Author:
CopyrightCOPYRIGHT 2006 Publishers & Producers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Job growth in China's manufacturing sector is not declining, as was widely reported by the Conference Board last June.
If manufacturing jobs were declining in China, where manufacturing is growing, then it would not be so bad if they were also declining in the United States, economists and policy people have repeatedly argued. But that is not the case, according to a report commissioned by the U.S. Bureau of Labor Statistics.
"The renewed increase in China's manufacturing employment that began in 2002 or before is fueled by private corporations and businesses, both foreign funded and domestically own," writes Judith Banister. Manufacturing employment did ...