Archive for September 9th, 2009
Global survey finds substantial improvement in Chinese job markets
Posted in the China category on September 9, 2009

Robert Parkinson - Managing Director
A quarterly survey of employment trends in over 30 key countries has found the percentage of organisations in China hiring professionals and managers has rebounded to 74% after a dramatic fall to 43% at the beginning of 2009. As a result job prospects for professionals and managers in China are now well ahead of the global average.
The ‘Global Snapshot’ from the international recruitment firm, Antal, asked 7397 companies in major markets such as western and eastern Europe, Africa, India, China and the USA whether they were currently hiring at professional and managerial level. It then asked whether they planned to do so in the coming quarter and whether they were currently letting staff go or were planning to do so in the next three months. Current hiring across the globe was up from 46% of respondents in April to 50% now. And the percentage of organisations intending to hire in the coming quarter was up from 44% to 48%. At the same time the percentage of organisations intending to shed staff had fallen from 35% in the spring to 25% now.
In China, where Antal currently has two offices, 49% of businesses expected to recruit in the coming quarter. Only 34% were in the process of reducing headcount and this was expected to drop to 28% over the next three months.