Wage Increases Were Lost To Price Increases.

Prices are rising and wages are rising. Who runs faster? In the first half of this year, the wage increase in the 4 key industries of 15 cities in China was lost to prices, according to the Xinhua News Agency Shen Sheng human resources index, which was first released yesterday. Gain In most places, real wages are on the decline.

The index was released by Xinhua news agency economic reference daily Shi Bang Human Resources Research Institute. According to Su Hainan, vice president of the Institute of labor and vice president of the Chinese Academy of labor, this index is an index system based on statistical analysis of part of field research conducted by the Research Institute in Guangzhou Shi bang Human Resources Inc database.

The index takes January 2010 as the base period, and compares the data in June 2011 with the base period, compared with the same period last year and last month, and draws many valuable conclusions.

According to the report, the total employment rate of labor services in 15 cities increased year by year, compared with the annulus ratio. decline This trend is basically consistent with the slowdown in China's GDP growth rate and the decline in the PMI index of manufacturing industry for four consecutive months.

Judging from the wage situation, although most of the city's total wages are rising, most of the real wages are down after deducting the price factors. On the basis of January 2010, 4 industries in all 15 cities, real wages increased by only 1%; compared with June 2010, real wages dropped by 5%. This shows that the wage increase of ordinary workers has not been "running too fast" and the real income is declining year by year.

In addition, the report also shows that traditional labor services in the eastern part of the Pearl River Delta region Gathering place The number of hiring is decreasing. On the contrary, employment in the central and western regions has multiplied. Regarding this, Su Hainan indicated that this is related to the acceleration of investment growth in the central region and the increasing demand for employment. "It is expected that in the central region of Wuhan, Changsha and Zhengzhou, the employment rate in the next few months will probably continue to grow at a relatively high rate, and the average real labor remuneration will also increase. In the western region, with the return of large numbers of migrant workers, there may be a shortage of jobs or high income jobs."

Su Hainan pointed out that as manufacturing PMI index continued to pick up in August, manufacturing employment will increase slightly, and labor remuneration is expected to gradually increase.