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Mainland companies ease hiring employees in Q1

By Mei Ling Tan
1 min read
Mainland companies ease hiring employees in Q1
Mainland companies ease hiring employees in Q1

Employers on China’s mainland have been much less lively in hiring employees within the first quarter, recruitment consultancy Robert Walters stated in a report yesterday.

The variety of job ads within the mainland print media and main on-line job boards jumped 16 % within the first quarter yr on yr, 9 proportion factors down from the survey carried out in the identical interval of final yr, Robert Walters stated within the report which coated six main economies in Asia.

However the mainland rose a spot to develop into the second-quickest rising job market after Japan, which surged 33 % pushed by the federal government’s proactive financial insurance policies, the report stated.

“With the Chinese language authorities setting its GDP goal at 7 % this yr, the job market will possible develop at a secure tempo,” stated Arthur Wang, managing director, Robert Walters China.

As China shifts its financial system towards consumption-led, “we anticipate to see the creation of extra high-paying jobs inside the shopper and providers sectors so as to encourage spending,” Wang stated.

The report discovered IT a scorching sector on the mainland because the variety of job ads jumped 53 % yr on yr.

Advertisements for accounting and finance jobs adopted with a progress of 19 %.

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