Wednesday, August 29, 2007

Please Stand By...

Plant owners’ refusal to hire blue-collar workers over 35 or 40 is colliding with the demographic reality of China’s one-child policy. The number of workers in the 20-to-24-year-old range is already shrinking as more of them go to universities instead of entering the work force after high school, and the International Labor Organization projects that workers in this age range will edge slowly downward through at least 2020.


Stand by for Chinese politicians complaining that America is exporting its high wages and labor standards to countries that don't want them.

We are experiencing demographic difficulties...