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  • October 31, 2014
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  1. News - Hong Kong - ECONOMY

    Labour woes will put brakes on growth

    Posted Oct 08th 2014, 04:52am by Amy Nip

    ... Amy Nip amy.nip@scmp.com Economy forecast to expand at the slower annual rate of 3.3pc in the next five years as an ageing population means fewer workers Hong Kong's labour woes ... growth from 2010 to 2013 was fuelled by an expansion of the workforce, the report showed. It coincided with an increase in the labour force participation rate over the past few years- meaning ...

  2. Business - Economy - ECONOMY

    US labour strength spurs hopes for early rate rise

    Posted Oct 04th 2014, 04:46am by Reuters

    ... Reuters in Washington US labour strength spurs talk of early rate rise Employers in the United States stepped up hiring last month and the jobless rate fell to a six-year low, which could ... made in the labour market this year. Non-farm payrolls rose 248,000 and the jobless rate fell to 5.9 per cent, the lowest since July 2008, the Labour Department said. The results showed ...

  3. Business - Economy - ECONOMY

    South Africa enlists Bank of China to help pull in Chinese investment

    Posted Oct 21st 2014, 05:08am by Toh Han Shih

    ... in South Africa remains high. It is important that we promote a more labour-absorbing industrialisation with a particular emphasis on labour-intensive goods and services. South Africa needs ...

  4. Business - Economy - ECONOMY

    China’s factory sector shows signs of steadying

    Posted Sep 30th 2014, 12:28pm by Reuters

    ... skidding to a six-year-low last month. Yesterday's survey showed the sub-index was revised up markedly in the final version, although it showed the labour market was shrinking nonetheless. ...

  5. Business - Economy - ECONOMY

    Hong Kong urged to bolster trade and logistics sector

    Posted Oct 03rd 2014, 10:56am by JING YANG

    ... to remedy a labour shortage in the sector, citing a shortfall of between 4,000 and 5,000 jobs at the airport alone. Immigration rules should be eased to allow more workers in, it said. In response ...

  6. Business - Economy - ECONOMY

    More bad signs for Japan’s economy

    Posted Sep 30th 2014, 10:14am by Reuters

    ... in July, data from the labour ministry showed. The wage report is likely to be an additional cause for concern for the government as falling real wages could make politicians reluctant to go ahead ...

  7. Business - Economy - ECONOMY

    US job growth slows to 8-month low

    Posted Sep 06th 2014, 05:37am by Reuters

    ... Reuters in Washington Surprise weakening in labour market likely to delay rise in interest rates US job growth slows to 8-month low Job growth slowed sharply in the United States last ... increase in eight months, the labour department said yesterday. The unemployment rate fell 0.1 percentage point to 6.1 per cent as people dropped out of the labour force. Figures for June and July ...

  8. News - World - ECONOMY

    World Bank warns of global jobs crisis

    Posted Sep 09th 2014, 10:52pm by AFP

    ... bullet to solve the problem, the World Bank warned yesterday. In a study released at a G20 labour and employment ministerial meeting in Australia, the bank said an extra 600 million jobs needed ... The report, compiled with the OECD and International Labour Organisation, said more than 100 million people were unemployed in G20 economies and 447 million were "working poor", living ...

  9. Business - Economy - ECONOMY

    China's factories pick up pace but credit costs hold back recovery

    Posted Sep 23rd 2014, 10:35am by Victoria Ruan

    ... in the third quarter of this year than in the same period last year. The labour market remained resilient, but retail and real estate were struggling, the New York-based data analytics firm said. CBB ...

  10. News - China - ECONOMY

    Premier Li Keqiang points to six barriers to rural progress

    Posted Sep 23rd 2014, 03:16am by MANDY ZUO

    ... the premier said the villagers told him during his March visit that they needed better roads, water supplies, electricity networks, and hospitals. Pollution and a lack of training for labourers were ...




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