Job Market Monitor
China
Korea | 70,000 Korean Chinese Face Job Loss
Around 70,000 ethnic Koreans from China working here face the end of their temporary employment visas. Korea opened its doors to ethnic Koreans mostly from China in 2007 to make up for a shortage of workers here in so-called 3D — dirty, dangerous and difficult — jobs. But the four-year, 10-month work visas start to … Continue reading
Reshoring | More Than a Third of Large Manufacturers Are Considering Coming Back to Made in U.S.
More than a third of U.S.-based manufacturing executives at companies with sales greater than $1 billion are planning to bring back production to the United States from China or are considering it, according to a new survey by The Boston Consulting Group (BCG). Decision makers at 106 companies across a broad range of industries responded … Continue reading
3 Tips for a Job in China
Here are three things you should know about landing a job in China: 1. You don’t have to be fluent in Chinese to get a great offer 2. You are no longer special just because you’re a foreigner 3. Bad job-hunting advice is everywhere Source: Read More @ 3 Tips for Landing a Resume-Building Job in … Continue reading
China | $2.4 bn deal will create more than 10,000 jobs in India
Power Construction Corporation of China said on Friday it had signed a $2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India that will help meet soaring local demand for electricity. The second phase of the project for India’s Infrastructure Leasing & Financial Services Limited (IL&FS) will include … Continue reading
How technology is fuelling China’s jobs market
The booming Chinese economy means that technology firms – particularly e-commerce companies – are struggling to find skilled candidates and managers to help fuel that growth. The latest Salary and Employment Forecast from international recruitment company Michael Page shows that there is strong growth in demand for technology professionals across sectors such as finance and retail, … Continue reading
OECD | Vocational Education and Training : Strengths, Challenges and Recommendation: Australia, Austria, Belgium, Chile, China , Czech Republic, Germany, Hungary, Ireland, Korea, Mexico, Norway, Sweden, Switzerland, United Kingdom, United States (South Carolina and Texas)
The OECD publishes a series of summary sheets on education and training (VET) in Australia, Austria, Belgium, Chile (also in Spanish), China (also in Chinese) , Czech Republic, Germany, Hungary, Ireland, Korea, Mexico, Norway, Sweden, Switzerland, United Kingdom, United States (South Carolina and Texas). Each of them deals with strengths, challenges and advances recommendations. Australia … Continue reading
China | Demography | Aging : the long-term implications
Canada and Europe are not alone in dealing with important demographic shifts. And worries about increasing recruitment problems, workforce shortages and skills gap are widespread. But there might be more critical situations. For instance, China is just beginning its huge demographic transition. In an article published on brookings.edu, Wan Feng qualifies China as a “demographic overachiever” and analyses … Continue reading
China | Manufacturing | To dominate the Solar Industry
Huff Post – That the goal of the Chinese is to dominate the global solar and renewable energy industry is clear. A report released in February by the Senate Finance Committee’s Subcommittee on Trade titled “Losing the Environmental Goods Economy to China” provides ample evidence. According to the Subcommittee’s report: • The U.S. trade deficit in … Continue reading
China | Quality is Job No 1
China Daily: The most important task facing China’s economy in 2012 is to improve the quality of economic growth, including energy conservation, emissions reduction, and industry restructuring, said renowned economist Li Yining, a member of the Chinese People’s Political Consultative Conference, at a panel discussion of economic experts on Tuesday. The 2011 Central Economic Work Conference, … Continue reading
Apple | Supporting 514,000 U.S. Jobs
Many people are concerned about the labor that supports the creation of Apple products overseas, for instance at the enormous Foxconn facility in China. But look over here, Apple said today. Among manufacturing, transportation, app development and Apple’s own workforce, Apple estimated it supports 514,000 jobs in the United States. Nobody at Apple is running … Continue reading
US Manufacturers | Hiring Practices | Killing Them
The United States is at a dangerous juncture: Manufacturing jobs are on the rise, but the growth is still fragile. Given the hypercompetitive nature of global manufacturing, it wouldn’t take much to kill this momentum and put the U.S. back to where it was a couple of years ago. That’s why it’s critical for American … Continue reading
Apple | Hiring automotive professionals in China for the ‘iCar’
Apple’s Hiring Automotive Engineers, Is An ‘iCar’ Infotainment System Coming? Apple is once again proving they’re still the company Steve Jobs built. After years of saying “meh” to working with automakers on tighter integration of Apple products into automotive infotainment systems, there’s evidence Apple is now hiring people to build a system for them that’ll … Continue reading
Why China Will Have an Economic Crisis
The view in most of the world is that China is indestructible. Shrugging off the crises multiplying elsewhere, China seems to surge from strength to strength, its spectacular growth marching on no matter what headwinds may come. It appears inevitable that China will overtake a U.S. mired in debt and division to become the world’s … Continue reading
China Hits Turning Point; Jobs Coming Back to the U.S.
As reported in The New American here, the difference in wages between Chinese and American workers is narrowing rapidly. Part of the reason is that China has passed the Lewis Turning Point. First noted by Bloomberg, that turning point hit the Chinese labor markets in the weeks following China’s Lunar New Year holiday in February, … Continue reading
It’s Time to Bring Manufacturing Back to the U.S. – David Simchi-Levi – Harvard Business Review
A growing number of executives of U.S.-based companies are repatriating their manufacturing capabilities — moving some production operations back from overseas. One such company is Ford, which announced last year that it will move jobs from China and Mexico back to the U.S. Another example is Caterpillar, which is investing $120 million in a new … Continue reading
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