labor shortages

The Gap in Construction Workers Born in the 80s: AI and Robots Become the Main Force

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The Gap in Construction Workers Born in the 80s: AI and Robots Become the Main Force

Reported by Zhongjing Journalist Suo Hanxue, Beijing “Currently, the main workforce on construction sites is still composed of individuals born in the 60s and 70s, and it is rare to see those born in the 80s. Labor shortages have been our most pressing concern.” A representative from China Railway Construction Corporation’s overseas department stated at … Read more

Rising Raw Material Costs and the Ongoing Chip Shortage Until Next Year?

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Rising Raw Material Costs and the Ongoing Chip Shortage Until Next Year?

With the ongoing chip shortage, the cost of raw materials has also risen. Chip manufacturers indicate that the increase in costs is a major issue contributing to the chip shortage. 90% of chip manufacturers report that rising raw material costs are continuously reducing their profit margins. They believe this trend will last for at least … Read more