According to a survey conducted among U.S. enterprises in China in 2022, 84 percent of companies believed labor costs would increase to varying extents. The resources & industrial sector as well as Tech and R&D expected the largest increases, with 95 and 86 percent of companies respectively anticipating costs per employee rising by 5 percent or more.
Expected changes in U.S. companies' average labor costs per employee in China in 2022 and 2023
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AmCham China. (March 5, 2023). Expected changes in U.S. companies' average labor costs per employee in China in 2022 and 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1406621/expected-changes-of-us-companies-labor-cost-in-china/
AmCham China. "Expected changes in U.S. companies' average labor costs per employee in China in 2022 and 2023." Chart. March 5, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1406621/expected-changes-of-us-companies-labor-cost-in-china/
AmCham China. (2023). Expected changes in U.S. companies' average labor costs per employee in China in 2022 and 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1406621/expected-changes-of-us-companies-labor-cost-in-china/
AmCham China. "Expected Changes in U.S. Companies' Average Labor Costs per Employee in China in 2022 and 2023." Statista, Statista Inc., 5 Mar 2023, https://www.statista.com/statistics/1406621/expected-changes-of-us-companies-labor-cost-in-china/
AmCham China, Expected changes in U.S. companies' average labor costs per employee in China in 2022 and 2023 Statista, https://www.statista.com/statistics/1406621/expected-changes-of-us-companies-labor-cost-in-china/ (last visited December 22, 2024)
Expected changes in U.S. companies' average labor costs per employee in China in 2022 and 2023 [Graph], AmCham China, March 5, 2023. [Online]. Available: https://www.statista.com/statistics/1406621/expected-changes-of-us-companies-labor-cost-in-china/
