[This is the first in a series of blog posts on how businesses should prepare for the California Privacy Rights Act which will enter into force on January 1, 2023]
Although since January 1, 2020, the California Consumer Privacy Act (“CCPA”) has required covered businesses (as defined below) to provide notice to California employees and job applicants regarding the types of personal information that a business collects, certain key employee exemptions previously limited the privacy-related requirements for employers and corresponding rights of employees and job applicants. However, those exemptions are set to expire on January 1, 2023.
We have yet to realize the full effect of the COVID-19 pandemic and its impact on the global economy. According to recent reports from China’s National Bureau of Statistics, nearly 20% of Chinese citizens, aged 16 – 24, are unemployed.[1] University graduates are likely to be more affected in China this year than at any point in China’s history with over 10-million Chinese graduates fighting their way into a job market with the worst-prospects ever.[2] The Chinese government’s strict adherence to a zero-tolerance Covid policy has devastated major manufacturing activities throughout the country, leading to an overall decline in China’s sustained economic momentum coming out of the pandemic.[3]
[1] China’s National Bureau of Statistics – Unemployment Report as of July, 2022.
[2] Pollard M., 2022, June 23. Analysis: Record numbers of Chinese graduates enter worst job market in decades. Reuters. Retrieved from https://www.reuters.com/world/china/record-numbers-chinese-graduates-enter-worst-job-market-decades-2022-06-23/
[3] Mayger J., Ma A., Liu Y. Hancock T., 2022, September 14. China Braces for a Slowdown That Could Be Even Worse Than 2020. Bloomberg News. Retrieved from https://www.bloomberg.com/news/articles/2022-09-14/china-economic-growth-forecasts-keep-sinking-as-risks-multiply
With the looming economic downturn, clients, retailers and small businesses are looking to cut costs wherever possible. Lately, these cost cutting measures have had a significant impact on warehouse operators or companies that store goods, who are caught in the middle of these cost cutting attempts.
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