Category Archives: Competition
Jobless Rate Holds Steady, Raising Hopes of Recovery
Business Strategy – The American economy lost fewer jobs than expected last month, bolstering hopes that the worst may finally be over in the wrenching event known as the Great Recession.
The monthly snapshot of the job market released by the Labor Department on Friday was hardly cause for celebration: about 36,000 jobs disappeared from the [...]
Defying Global Slump, China Has Labor Shortage
Business Strategy – GUANGZHOU, China — Just a year after laying off millions of factory workers, China is facing an increasingly acute labor shortage.
As American workers struggle with near double-digit unemployment, unskilled factory workers here in China’s industrial heartland are being offered signing bonuses.
Factory wages have risen as much as 20 percent in recent months.
Telemarketers [...]