In The News

China Under Pressure to Deal with 170 million Jobless

Mary Kwang February 8, 2002
As rural workers flock to the cities, unemployment in China seems unlikely to decline from its current level of 13 percent. The recent WTO membership is not a solution since most new jobs are expected to be in the professional sector. Most of the jobless come from rural areas where they make up 20 percent of the population. While government hopes that foreign companies and private investors will...

Shortage of World-Class Talents Keeping China from Going Global

Anon. January 24, 2002
China’s workforce lacks internationally recognized qualifications that will allow China to fully globalize its economy. Although there are plenty of workers in the fields of finance, information technology, and international trade among others, the level of expertise falls below global levels. This lack of talent will mean that China will rely more and more on foreign workers in order to...

It’s a Real Slowdown at Campuses

Raja Simhan T.E. January 17, 2002
The information technology industry is recruiting fewer management and engineering graduates in India. Many engineering graduates have chosen to look only for jobs in more secure sectors, listing their first choice for a company as one that is “stable.” The reason for the lower recruitment rates in IT is due to the volatility of the industry. Even as offers were made in the previous year,...

AFL-CIO Jumps Into Protests

September 11, 2001
The United States’ most powerful union group has seen its support and membership wane in recent years. Now the AFL-CIO is trying a new tactic to increase its influence: joining the growing outcry against international financial institutions. Recently, the group has taken a more active role in this movement, including helping to organize protests against the World Bank and International Monetary...