Job Market Monitor
China
US / Chinese imports and technological change destroying American manufacturing jobs finds NBER
Foreign competition and technological change might seem like twin juggernauts, destroying American manufacturing jobs in much the same way. In fact, they’re quite different. Foreign competition from China can be like a tornado, devastating US manufacturing in concentrated fashion but in limited areas around the country, according to a new study from the National Bureau … Continue reading
China / BN Vocational School
Established in 2005, BN Vocational School (BNVS) is China’s first tuition-free, non-profit charitable vocational school at the senior secondary level. It is also the targeted school subsidized by the Project Hope of the China Youth Development Foundation and the Project Hope’s Vocational Education Fund. The guiding principle of BNVS is to provide employment oriented training … Continue reading
China / Youths want fair play
Less than one month away from graduation, Jiang Zhiquan, a postgraduate student in Nanjing, capital city of east Jiangsu Province, grows anxious day by day as he still hunts for a job. In his latest effort to grab one, the 26-year-old failed to pass the provincial test for public servants in Jiangsu. “I think may … Continue reading
China / Motorola confirms further staff layoffs
Motorola Mobility China confirmed Tuesday that it is carrying out a second round of massive layoffs, a further move to cut its workforce since Google Inc acquired its parent company Motorola Mobility for $12.5 billion last year. According to telecommunications industry website ccidcom.com, the US-based company is planning to cut 800 jobs in China, with … Continue reading
China / Growing competition pushes migrant worker pay growth down in 2012
The annual increase in pay for China’s 163 million migrant workers almost halved in 2012, an official survey showed on Monday, signaling a looser labor market as economic growth slows. The average monthly wage of migrant workers grew 11.8 percent in 2012 from the previous year to 2,290 yuan ($370). That marked a sharp slowdown … Continue reading
China / Only 30% of the world now has a higher GDP per capita
China’s economic achievement is so enormous, indeed literally without parallel in human history, that it is sometimes difficult for people to take in its scale. A country which in 1978, when “reform and opening up” was launched, was one of the poorest in the world, has now reached a point where it has a higher … Continue reading
China in Picture / Working in a mine
Chosen excerpts by Job Market Monitor China’s Coal Mines [Photos] – Business Insider.
China’s Labor Market
China’s labor markets are flashing a warning sign, with new job adverts on a leading recruitment website sharply down in April, and job losses in manufacturing spreading to the services sector. With the official data on labor markets infrequent — and, in some cases, misleading — alternative indicators take on an added significance. China Real … Continue reading
China / Liuzhou city to help graduates find jobs
Liuzhou city in South China’s Guangxi Zhuang autonomous region pledged to work to help college graduates find jobs in the so-called toughest job market this year. It is estimated that the number of new college graduates who are expected to leave campus this summer will reach 6.99 million, the highest record in China. As many … Continue reading
Working in Asia Grows Tougher for Westerners
Despite low unemployment and solid hiring across many sectors, the job market in Asia is gradually becoming less welcoming for Westerners. Even before the global financial crisis, newcomers to Asia could not expect to walk into a job in the region unless they had particularly sought-after skills. About 60 percent of job specs processed by … Continue reading
China / Jobless fears as record 6.99 million graduates hit market
A record 6.99 million students – an increase of 190,000 compared to last year – will graduate from China’s higher education institutions this year. But graduate unemployment, a scourge in recent years, shows no sign of easing for the class of 2013. Local media in a number of Chinese regions have been declaring 2013 as … Continue reading
China / Govt workers least satisfied
Government employees in China are the unhappiest with their job compared to their compatriots in other industries, according to a survey conducted by the Institute of Psychology under the Chinese Academy of Sciences and the recruitment website zhaopin.com. Among 9,072 respondents surveyed, government employees rank the last in 12 industries in terms of self-satisfaction, with … Continue reading
China’s Grads / Children of Communist Party officials have a substantial advantage
The China Data Center at Tsinghua University recently published a study revealing that new graduates who happen to be the children of Communist Party officials have a substantial advantage compared to their classmates. Starting salaries for these lucky few are nearly 15 percent higher than those of their peers who have no filial government connections. … Continue reading
China / Skills Gap in logistics
Employers in China face such a severe shortage of logistics staff that one British company is offering work to 20% more candidates than it has jobs. Paul Brooks, sales director of Unipart Logistics, said that the company regularly offered employment to between 10% and 20% more candidates than it had jobs because they knew that … Continue reading
China / Help for college graduates in their job hunts
China’s central government on Wednesday outlined measures to help college graduates in their job hunts amid a grave employment situation this year. According to a statement released after a State Council meeting presided over by Premier Li Keqiang, about 6.99 million college students will graduate this year, adding pressure to the employment situation. The meeting … Continue reading
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