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Engines of Emplayment Decelerate


□ Chen Biao

  "That day, we just went to work as usual. We didn't know our factory had shut down until we saw the noticeon the gate. We were shocked. It's unbelievable, such a big factory went bankrupt overnight!" A dismayed44-year-old Xiang Yulian was referencing October 15, 2008, when two large toy companies underDongguan Hejun Group of Guangdong Province formally declared bankruptcy. Xiang, a migrant workerfrom Daxian County, Sichuan Province, along with two family members, suddenly had no job. And they had plenty ofcompany, with diminished employment prospects impacting a broad range of demographic sectors.......
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