From Bloomberg, via Financial Express:
A one percentage point drop in China’s economic growth would cut labour demand by 900,000, damping job prospects for migrant workers, according to a report by a government agency.
”Migrant workers from rural areas would be first to fall victim to reduced demand,” said Ma Xiaohe, director of the Beijing-based Industrial Development Institute of the National Development and Reform Commission. ”The government should take instant measures to tackle threats to farmers’ income growth.”
