Economics
China Joins Global Puzzle of Elusive Raises Amid Ample Openings
- Internet and transportation employees are in highest demand
- Pay for white-collar workers slips, new economy wages stalled
China Faces Lack of Wage Growth
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China’s labor market remains tight and unemployment low. And yet -- just like in the U.S., Europe and elsewhere -- wages growth isn’t reflecting that strength.
Official and private gauges show demand for hiring remained healthy in the second quarter, with even the weakest regions and sectors recovering. Yet white-collar pay edged down from the first quarter and pay raises for the nation’s 281 million migrant workers also narrowed.