Mainland firms ease hiring staff in Q1
Print Edition
EMPLOYERS on China’s mainland were less active in hiring staff in the first quarter, recruitment consultancy Robert Walters said in a report yesterday.
The number of job advertisements in the mainland print media and major online job boards jumped 16 percent in the first quarter year on year, 9 percentage points down from the survey done in the same period of last year, Robert Walters said in the report which covered six major economies in Asia.
But the mainland rose a spot to become the second-quickest growing job market after Japan, which surged 33 percent driven by the government’s proactive economic policies, the report said.
“With the Chinese government setting its GDP target at 7 percent this year, the job market will likely grow at a stable pace,” said Arthur Wang, managing director, Robert Walters China.
As China shifts its economy toward consumption-led, “we expect to see the creation of more high-paying jobs within the consumer and services sectors in order to encourage spending,” Wang said.
The report found IT a hot sector on the mainland as the number of job advertisements jumped 53 percent year on year.
Ads for accounting and finance jobs followed with a growth of 19 percent.
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