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More Jobs, Wider Pay Gaps: China’s Open Data Economy Brings Growth with New Inequality

💻 More Data, More Pay Gap Problems

Published by OOPSONLINE.IN · Source: Devdiscourse · 1 min read · · Updated

🚀 OOPS SAYS

Nothing says "futuristic data-driven economy" quite like the timeless tradition of executive bonuses growing while worker benefits shrink.

What actually happened

Open government data created jobs, raised business entry by 9.22% and improved productivity in China, particularly benefiting less-educated, production and sales workers. However, widening executive-worker pay gaps and declining employee benefits show that open-data expansion must be paired with labour protections, skills support and assistance for smaller firms.

Key points

  • Open government data created jobs, raised business entry by 9.
  • 22% and improved productivity in China, particularly benefiting less-educated, production and sales workers.
  • However, widening executive-worker pay gaps and declining employee benefits show that open-data expansion must be paired with labour protections, skills support and assistance for smaller firms.

Summary based on data provided by Devdiscourse. Full article available at the original publisher.

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  • #jobs
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