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Mon, March 20, 2017, noon:
Dean Yang, Taken by Storm

What is China's true unemployment rate?

Publication Abstract

Giles, J., Albert F. Park, and J.W. Zhang. 2005. "What is China's true unemployment rate?" China Economic Review, 16(2): 149-170.

Using data from a unique survey conducted in five large Chinese cities that employed an internationally comparable definition of unemployment, we find that the unemployment rate of urban permanent residents was 14.0% in 2002. Comparing unemployment rate estimates across time and space using data from the 2001 China Urban Labor Survey (CULS) and China's 2000 population census, we estimate that for China as a whole, from January 1996 to September 2002, the unemployment rate of urban permanent residents increased from 6.1% to 11.1%, and that of all urban residents, including temporary residents (e.g., migrants), increased from 4.0% to 7.3%.

DOI:10.1016/j.chieco.2004.11.002 (Full Text)

Country of focus: United States of America.

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