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Labor Shortages in Guangdong Signal Limits on Stimulus

Labor Shortages in Guangdong Signal Limits on Stimulus

By Justina Lee

Guangdong's job market is showing signs of withstanding China's slowdown as factory owners report that shortages of workers persist in the southern export hub. "Before, most of the factories were short about 20 percent to 30 percent of workers or technicians," said Stanley Lau, deputy chairman of the Federation of Hong Kong Industries, whose members have garment, watch, toy and footwear factories in the province. "Now, it's getting better, but still about 5 percent to 10 percent." Read the full article here.

Source: Bloomberg Businessweek

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