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Joblessness Rising in China as Economy Slows

A state-owned Chinese coal company recently announced layoffs for 100,000 workers over the next three months, the biggest single job cut in China in years. But the layoff, despite its size, is just a snapshot of the emerging problem of joblessness that China faces as the world's second largest economy continues to slow.   Geoffrey Crothall, communications director at the Hong Kong-based China Labor Bulletin said a lot of workers will be laid off across industries and...

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