The Social Safety Net in China
Ito Shoichi
Chapter 7 in Transition from Socialist to Market Economies, 2009, pp 145-163 from Palgrave Macmillan
Abstract:
Abstract The Chinese GDP growth rate was 9.2 percent in 1991; above 10 percent in 1992–95 and after a slight decline in 1996–2001, again above 10 percent from 2002–07. But along with such high growth rates, unusually its unemployment rate rose steadily until 2003. Unemployment has been the most serious issue in China in the second half of 1990s and the early twenty-first century. This problem includes the issue of laid-off workers,1 because the number is as large as that of unemployed workers. An examination of both issues shows that the unemployment rate is very high in the age groups below 25 years, that in the age groups of 25 years and above has increased, and that of female workers is higher than that of male workers. University graduates have had difficulties in finding new jobs in recent years. Among laid-off workers, female workers of age 30 and above face more difficulties than male workers of comparable age. The rates of unemployment and laid-off workers differ from one region to another.2
Keywords: Unemployment Insurance; Social Security System; Unemployed Worker; Social Security Administration; Labor Dispute (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-24498-6_8
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DOI: 10.1057/9780230244986_8
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