China’s Migrant Workers Look For Work Outside Construction Amidst Dismal Real Estate Market

Migrant workers wait for job opportunities on the roadside near signs advertising their skills in Shenyang, Liaoning Province, China on Feb. 6, 2023. STR / AFP

News Analysis

Amidst the ongoing decline in the Chinese property market, migrant workers are the most heavily impacted. In 2023, 6.5 million workers migrated out of construction, hoping to find steady work in other sectors. The land market, closely related to the real estate market, is also cooling down.