Chinese Part-Time Workers Soar As Economy Deteriorates
by Tyler Durden
ZeroHedge.com
05/22/2016
Not only is China facing a significant risk of an economic hard landing, but, as we have noted on many occasions, the country is also facing what perhaps may be an even greater risk: social unrest. As the economy continues to weaken, and layoffs continue to mount, China has started to relax its own labor rules in order to try and keep everyone happy… for now; as China is experiencing a surge in part-time workers. In order to control costs, but still meet whatever demand comes, Reuters reports factories are now hiring by the day instead of keeping workers around in a full employment contract.
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