Job Market Monitor
China
China’s Grads / Only 26 percent of postgraduate and 35 percent of undergraduate students had secured a job by April
This year is said to be the most difficult for college graduates to find a job, especially because of the record number of fresh graduates entering the tough job market Continue reading
Apple / Foxconn Hiring 90,000 Workers
The Taipei Times is reporting that Hon Hai, known as Foxconn in America, is recruiting 90,000 Chinese workers for its Shenzhen, China production complex in order to meet demand by Apple Continue reading
China / The world’s worst brain drain
China is experiencing “the world’s worst brain drain”. Eighty-seven percent of the mainland’s top specialists in science and engineering who went abroad for work or study have no plans to return Continue reading
China / To develop vocational education for farmers :70 percent have a primary and junior middle school education
The Ministry of Education (MOE) said on Monday that it will accelerate the development of vocational education for professional farmers in order to safeguard food security and promote agricultural modernization Continue reading
China / Job Market Tougher for Women Grads
Much has already been written and discussed about this year’s employment season, which has been called the toughest yet in China’s history. But for women graduates, it is even more difficult Continue reading
China / Civil servants encouraged to start their own businesses
Civil service jobs, once termed “iron rice bowls” in China because of guaranteed job security, now have the chance to break the status quo and seek their own entrepreneurial dreams Continue reading
Foxconn / Large-scale hiring for iPhone 5S
A recruitment firm responsible for Foxconn’s plant in Zhengzhou, Henan Province, has started “large-scale” hires for a ramp up to build what one source called the “iPhone 6.” Continue reading
Recruiting on Facebook / Work4 Helps Pepsi, Gap and Oracle
Work4, previously known as Work4 Labs, has been on our radar since the fall. Run by CEO Stephane Le Viet, a 33-year old Frenchman, the San Francisco-based company helps companies like Pepsi, Gap and Oracle recruit for entry-level and hourly positions via Facebook Continue reading
To Be Young in China
The post-’80s, born in the 1980s, have seen rapid change as China moved from a Maoist state to a market-oriented economy characterized by rampant consumerism and unprecedented inequality. Because of the country’s one-child policy, many of them are only children. They’re the first generation to grow up with the Internet, and in turn, have had more access to information – and perhaps greater exposure to individual censorship Continue reading
China / IBM to cut at least 500 job
International Business Machines Corp, the US technology giant, is cutting jobs in China after a disappointing decline in earnings. The world’s biggest computer service provider said in an e-mailed reply to China Daily on Wednesday, from its China office, that “change is constant” in the technology industry and that “transformation is an essential feature of … Continue reading
China / A Tough job market for Chinese college graduates
Although the job market in China is still much better than many other parts of the world, it is a tough market for graduates. Many job seekers have decided to shy away from the rat race and try other options. A record-high 6.99 million Chinese students are leaving universities in 2013, a 2.8 percent increase … Continue reading
China / The official unemployment rate is only official
In good times and bad, China’s official unemployment rate has barely budged. It’s now at 4.1% where it has been since the third quarter of 2010. It has hovered around the 4% level since 2002 (though it plummeted all the way down to 3.6% in 2001). It’s not much use to anybody, particularly those who … Continue reading
India / Will the world’s most populous country by 2028 reap a ‘demographic dividend’ ?
Given the one-child policy’s lock on China’s fertility, nobody expected it to remain the world’s most populous country forever. India had been projected to grab this title by 2045 or even 2035. But a new UN report notes that we are hurtling towards this ‘takeover’ faster than anticipated and will become the world’s most populous … Continue reading
China / 16 percent of the men and women with college degrees unemployed, 4 percent of those with an elementary school education
A national survey released last winter found that in the age bracket of 21- to 25-year-olds, 16 percent of the men and women with college degrees were unemployed. But only 4 percent of those with an elementary school education were unemployed, a sign of voracious corporate demand persisting for blue-collar workers. Wages for workers who … Continue reading
China / Manufacturing offshoring creates win-win situation
Chinese manufacturers that set up factories in the United States could help create local jobs and win-win situation for the world’s two largest economies, two US mayors said on Wednesday. The genuine dialogue of doing business between the United States and China “has to happen on the local level,” Sheldon Day, mayor of Thomasville City, … Continue reading
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