China Financial Daily

Hometown Return of 3 Million Farmers Workers and University Graduation of 6 Million Students Give Great Pressure to China Employment
In 2008 and 2009, the employment pressure is very great; on the one hand, a large number of labor-intensive private businesses have closed down. According to the survey, hometown return number of farmer workers in Chongqing is 3 million people. On the other hand, a large number of additional labor supply, university graduates in 2008 being 5.9 million. Guotai Junan reported that lower than 8% GDP growth rate would be facing a severe unemployment problem.

Rise of Unemployment Rate in China is Inevitable
Date from Human Resources and Social Security showed that by the end of September, the country registered urban unemployed people were 8.3 million people, while the registered unemployment rate was 4%, which are equal compared with the end of last year. However, this data is difficult to reflect the true employment situation in the country, because its data did not include migrant workers and new graduates.

Clouded by the failure of the the Pearl River Delta, Unemployment Ware of Migrant Workers may increase social turbulence
a large number of labor-intensive enterprises with relatively weak strength have closed down or bankrupted, or hundreds of enterprises have been transferred from Dongguan, Shenzhen and other places, so a large number of corresponding migrant workers lose their original employment opportunities.

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