China's Labor Market Time Bomb
July 19, 2012: 6:00 PM - 9:00 PM
As a result of China's one child policy, the conventional wisdom asserts that China will grow old before it gets rich. The reason is that China's large population, once thought to be a source of unlimited and inexpensive workers, is already experiencing labor shortages and rising wage levels despite millions of new university graduates each year who are unemployed. How have demographic developments created these conditions? How has the urbanization of China's population affected or mirrored these developments? Will the rise of a large middle class improve or worsen public finances, the labor market, and China's competitiveness? How are the migrant workers of 2012 different than the ones of 1992 in terms of attitudes, expectations, and priorities?
William Ren, who holds a PhD in labor economics from the University of Minnesota, is a keen observer of China's labor market. Recently returned from a trip to China, he reports his observations and concerns, and recommends policy initiatives. Plan to attend this timely presentation on the implications of population on China's labor market and prosperity.
450 Cityfront Plaza
NOTE ON PARKING
300 East Illinois Street (AMC Theater-River East Self Park Garage)
$6.00 after 3:00 pm on weekdays and all day Saturday and Sunday for a 12-hour period
Garage: Self Park Facility
Payment: Automated; at pay-stations by cash or credit card or upon exit pay by credit card only.
To receive discounted rate: There is a card validator at the first floor security desk of the Gleacher Center. You will only need to insert your parking card in the validator and the new price will be automatically applied. When you leave the lot you will be charged for the lower $6.00 fee.
Garage is located next to PJ Clarks and below the AMC Theater.
a) When traveling east on Illinois cross over Columbus and enter the Garage on the left (north) side of the street
b) If driving west on Grand (north of Theater), you can enter the garage ½ block before Columbus on the left (south) side of the street.
At times, we need to upgrade the room size to accommodate you so registering in advance helps make things go smoother.
6:00 PM-6:30 PM: Networking
6:30 PM-8:00 PM: Presentation
8:00 PM-9:00 PM: Drinks at The Midway Club, Fifth Floor
William Ren (Speaker)
President, Ren & Associates
Karl L. Buschmann, '85
847 310 0412
NEW OFFERING: LITERATURE TABLE
Networking is a key benefit of attending. To that end, a table will be made available for literature and handouts. Bring your business cards, brochures, handbills, literature, resumes, and publicity for placement on the table.
NEED FOR CO-CHAIR
After many years of service, Sophia Kholodenko is stepping down as co-chair. Karl Buschmann welcomes inquiries from Booth alumni who would like to get more involved in running the International Roundtable. Responsibilities include:
--Programming: identifying interesting topics and securing speakers
--Administration: writing publicity, publicizing events through the University and roundtable email distribution list channels, and coordinating with the Alumni Office
CHICAGOLAND INTERNATIONAL BUSINESS EVENTS
The Illinois International Business Calendar is one of the comprehensive lists of events in the Chicago area. For a free PDF copy, send an inquiry to firstname.lastname@example.org. The calendar can also be viewed at www.itagc.org.
Questions/Concerns/Suggestions for Speakers?
Karl L. Buschmann
847 310 0412
Publicity Distribution List
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In transition? Looking for a job? Come to the networking session for information exchange.
Mark your calendar for upcoming International Roundtable sessions on the third Thursday of the month in 2012.