Job Market Monitor
China
US / The decline of manufacturing employment and trade with China
U.S. manufacturing employment fluctuated around 18 million workers between 1965 and 2000 before plunging 18 percent from March 2001 to March 2007. In this paper, the authors find a link between this sharp decline and the U.S. granting of Permanent Normal Trade Relations (PNTR) to China. Industries where the threat of tariff hikes declines the … Continue reading
Revlon in China / To cut 1,100 jobs
Revlon Inc. (REV), the maker of cosmetics under its namesake and Almay brands, will cease operations in China and eliminate about 1,100 positions, including 940 beauty advisers, as it restructures its struggling business. Chosen excerpts by Job Market Monitor. Read the whole story at via Revlon to Exit Operations in China, Cut 1,100 Jobs – Bloomberg.
China / Official clarifications on retirement policy
A Chinese human resources official has denied that planned changes to retirement age will start with either civil servants or those engaged in heavy physical labor. Hu Xiaoyi, deputy head of the Human Resources and Social Security Ministry, made the remarks at a press conference to elaborate on the policy. Speculation surfaced on the Internet … Continue reading
China / Grads encouraged to work in private firms
Statistics showed that applicants taking the civil servant exam this year totaled 1.52 million Continue reading
Job Search in China / Turning to plastic surgery for an advantage
Battling for jobs with millions of other new graduates, Chinese students are turning to plastic surgery for an advantage — with one clinic offering noses inspired by the Eiffel Tower. Chinese employers can be frank about their preference for attractive job candidates — sometimes even posting height requirements in recruitment adverts. With a record seven … Continue reading
China / Retirement age would be advanced a year
Workers in the mainland who want to stay in their jobs longer may be disappointed as a senior party spokesman said the retirement age would be advanced up to a year later as part of an experiment to deal with the country’s increasingly aged population Continue reading
China / Aging workforce brings one-child change?
“China has reached a turning point where the demographic dividend will become a liability,” said Shuang Ding, China economist at Citi Continue reading
China / Needs 7.2% growth to ensure employment says Premier
China needs 7.2% economic growth to ensure employment targets, said Chinese Premier Li Keqiang Continue reading
China / 86 percent overseas Grads find jobs within 6 months
The job market wasn\’t cold for overseas-educated talents who have returned to China, with 86 percent of them finding jobs within six months, according to a report released Monday. About 65 percent of returnees find jobs in three months, and 21 percent find employment between three and six months. Only 5.5 percent need more than … Continue reading
China / Xinjiang Uygur Autonomous Region solution to grads unemployment
In 2010, Xinjiang Uygur Autonomous Region in northwest China faced a formidable problem. About 75,000 college graduates were without jobs, 83 percent of them from ethnic minorities and 60 percent female. It was a difficult and pressing issue for the region. According to a survey carried out by the National Bureau of Statistics Survey Office … Continue reading
Chinese Students in US / One in four drop out of Ivy League schools
One in four Chinese students attending Ivy League universities in the US drop out, according to a study on recruitment of returned overseas graduates Continue reading
China / 10.66 million urban jobs added
China’s urban unemployment rate dipped last month with the Asian nation creating 10.66 million new jobs in cities during the first nine months of the year. Continue reading
US-China / The first ever AFL-CIO president to make the trip
China has been something of a problem for the American labor movement over the past, oh, half century: It\’s absorbed hundreds of thousands of formerly American jobs, playing a big role in the collapse of U.S. manufacturing. During that time, no sitting AFL-CIO president has seen fit to pay a visit — until this past … Continue reading
Unpaid internship in China / Students assembling PlayStation in sweatshop for course
Students in China are reportedly being forced to assemble Sony’s forthcoming Playstation 4 or risk failing their course Continue reading
China’s Youth / They don’t want to work in factories says Foxconn
Young people across China are increasingly shunning monotonous, low-paid assembly line jobs, leaving Foxconn, the maker of iPhones and iPads, struggling to attract enough workers, according to the electronics manufacturer’s chairman Continue reading
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