China Last Year: Labor Shortage. China This Year: “$1.35 An Hour. Take It Or Leave It.”

Last year China was suffering from widespread labor shortages.

This year? Not so much. In fact, the situation has flipped to such a degree that a factory owner told hundreds of students waiting to see if they can get a job that he’s only paying 9 yuan (about $1.35 an hour), and they can take it or leave it. Most stay.

Never mind the “Fight for $15” an hour. That’s not $15 a day.

Between the worldwide stagflation, the Russo-Ukrainian War, and the continuing Flu Manchu lockdowns, China’s house of cards economy is coming apart at the seems quicker than anticipated.

Tags: , , ,

3 Responses to “China Last Year: Labor Shortage. China This Year: “$1.35 An Hour. Take It Or Leave It.””

  1. Voletti says:

    So, ‘coming apart at the seems’, eh? You forgot to add ‘pun intended’. Ordinary usage would be ‘at the seams’. Just saying. Only.

  2. Seawriter says:

    I remember getting paid $1.35 an hour.

    It was in 1971.

  3. […] also, Almost all industries in Sancti Spiritus, Cuba shut down to save energy BattleSwarm: Red China Last Year: Labor Shortage; Red China This Year: “$1.35 An Hour. Take It Or Leave It.”, also, Harris County Democratic Judge Indicated For “Official Oppression” Behind The […]

Leave a Reply