Sunday, February 15

Economic crisis


This is an article my dad forwarded to me.

YOU COMPAIN ABOUT THE JOB YOU HAVE NOW ?

Thursday, 5-February-2009

Job-seekers crowd stalls at a job fair in Beijing, China, Thursday, Feb. 5, 2009.

Thousands crowded the first job fair in the city since a week-long holiday for Chinese New Year.

China's economy is suffering from a collapse in global demand

for Chinese textiles, toys and other goods and a downturn at home

in real estate, auto sales and other industries.

The government says some 20 million migrant workers have lost their jobs.


Terrible lar! I heard Intel Penang is shutting its factory by he end of this year and the company that my dad works for is already starting to retranch people!

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