>> ASIAONE / BUSINESS / NEWS / STORY
China to train housekeepers to reduce 40-mln jobless: report
Fri, Jun 19, 2009
AFP

BEIJING, CHINA - China expects more than 40 million people to be unemployed in 2009 and wants to tackle the problem by training more to become housekeepers, state media reported Friday.

The government's jobless forecast, reported by the Beijing News, comes after several warnings that the global financial crisis has had a serious impact on the nation's trade-dependent economy.

Earlier this year, state media said 25 million migrant workers had lost their jobs after the once-bustling coastal provinces saw their traditional markets in North America and Europe shrink.

China, which had double-digit growth every year from 2002 to 2007, said growth dropped to nine percent in 2008 and 6.1 percent in the first quarter of this year.

To address the problem of growing unemployment, the government has unveiled a plan to train large numbers of housekeepers, the paper reported.

It pointed out that there is an estimated shortfall of more than 10 million housekeepers in the Chinese economy.

At the same time, about 60 percent of the unemployed are middle-aged, fitting into the age group that typically supplies housekeepers to Chinese families.

Housekeeping is a growth business in China, as an increasing number of middle-class families can afford this service, and need it, because both spouses work.

 

 

 

 
STORY INDEX
 
  China to train housekeepers to reduce 40-mln jobless: report
   
 
  Stanford surrenders to FBI
   
 
  North Korea in global insurance scam
   
 
  Oil prices drift higher in wary market
   
 
  Network for Asian businesswomen formed
   
 
  Goldman free of government but Buffett looms large
   
 
  Allen Stanford to surrender
   
 
  Bonds seized are fake: US
   
 
  EU leaders back tougher financial supervision
   
 
  Temasek did better than Buffet
   
>> RELATED STORY
China to train housekeepers to reduce 40-mln jobless: report
Valuable life lessons can be gained from joblessness
China raises tax rebates on over 600 export lines
China's ICBC to buy 70% of BEA's Canadian arm
Taiwan says China to purchase US$2.2 billion goods

Elsewhere in AsiaOne...

Investor Relations: Four Singapore firms invest $127m in Tianjin

News: China builds railway to nuclear test desert site

Wine,Dine&Unwind: Finding oneself in the shadow of a monk

Travel: 'Evil' China sex park torn down

Health: HFMD outbreak in China

Motoring: Used car exporter in China tie-up

Digital: China programmer says glitches in filtering software

Multimedia: 16 killed in China ahead of Games

 

We welcome contributions, comments and tips.
a1admin@sph.com.sg