News about job creation, job losses, labour disputes, wage trends and other developments from around the world with a focus on Hong Kong and China.

China’s new priority is preventing an unemployment crisis
The coronavirus pandemic has forced a dramatic change in priorities for Beijing’s leaders.  Now they must grapple with falling economic growth and a rising unemployment rate that threatens social stability – the foundation of the ruling Communist Party’s legitimacy. University graduates, migrant workers and the country’s small business sector are the most at risk. China’s leadership has responded by making controlling unemployment a higher priority for the year ahead than getting the growth rate back on track. At the same time, local officials have been told multiple times that they must also fulfill the country’s anti-poverty targets by the end of this year, putting further pressure on loc
China wants to help new graduates find jobs in 100 days. Here’s how
Beijing has kicked off a campaign to help graduates enter the labor market as the country faces growing pressure to reboot a sagging economy. Much like the rest of the world, China’s economy ground to a halt as the country instituted strict movement restrictions to battle the coronavirus, which first emerged in the central city of Wuhan.  The country’s economy shrank 6.8% in the first quarter this year – an unprecedented GDP contraction. Ten initiatives were announced on Wednesday that aim to help people find jobs for this year’s 8.74 million new graduates. The “100-day” campaign includes more graduate degree programs for universities, hiring an extra 400,000 graduates as teachers, expandin
The making of Oscar-nominated, Obamas-backed ‘American Factory’
Back in 2014, the Chinese entrepreneur Cao Dewang looked like a savior to the people of Dayton, Ohio. Cao is the founder and CEO of Fuyao, which makes glass such as windshields. The Chinese billionaire promised to bring an abandoned General Motors factory in the American state back to life, providing thousands of jobs to an area that desperately needed them. Filmmakers Steven Bognar and Julia Reichert were there in 2008 to document the GM factory closing.  They returned in 2014 to make American Factory, which has been nominated for best documentary feature at this year’s Academy Awards and won accolades at film festivals around the world. Given full access to the plant and its workers, the