[lbo-talk] more China stats

[Doug Henwood]

The Conference Board has a groovy database on employment, population,  
and productivity. Here are some stats on Chinese employment and  
population growth (average annual rate; the col marked "ratio" is  
employment growth divided by population growth):

                 empl      pop      ratio
1950s           3.0%      2.0%    151.0%
1960s           2.6%      2.1%    127.4%
1970s           2.1%      1.8%    114.3%
1980s           2.8%      1.5%    190.6%
1990s           1.1%      1.1%    105.0%
2000s           1.0%      0.6%    153.8%

Patrick's view of a shrinking Chinese labor market is hard to support  
with actually existing stats, though perhaps he has some better ones.

Doug