FocuS China
Job Hunting?
Asia is a good place to be
anpower new survey shows that China is a good place to be for those on the job hunt, projecting that 19% of the 4,137
M
Chinese company’s surveyed expect to increase their workforces in Q1 2010. Manpower says that with China driving the
hiring numbers in the Asia Pacific, the area is expected to return to pre-recession pace while job prospects improve move
slowly in the Europe and the Americas.
The report also indicates that emerging cities may be where the most jobs open up in the first 3 months of 2010 (see
below). While all 14 regions surveyed anticipate head count growth, the strongest hiring climate is in Chongqing where the Net Employment
Outlook is +22%. There are also upbeat hiring prospects in Shenzhen,with an Outlook of +20%. Xi’an, which improved its employment
outlook by notable 11 percentage points, and Qingdao employers report hopeful Outlooks of +19%.
The government’s four trillion RMB stimulus package is almost certainly one of the instruments behind this new wave of talent demand,
and hiring intentions could indicate some positive indications in the global economy. However, whether these numbers are sustainable in the
coming year will depend on China’s ability to continue it’s expansion and innovation.
Projected Growth by City
Beijing 16
Chengdu 14
Chongqing 22
Dalian
13
Guangzhou
15
Hangzhou 13
Qingdao
19
Shanghai 13
Shenzhen 20
Suzhou 17
Tianjin 9
Wuhan 17
Xiamen 14
Xi’an 19
Net Employment Outlook
5% 10% 15% 20%
Sector Breakdown
Manufacturing +15 (12)%*
30% First tier cities like Beijing, Shenzhen and
Guangzhou are showing the highest number
20%
of hiring intentions, as well as second tier cities
like Qingdao, Xi’an, Wuhan and Suzhou.
10%
0%
Growing Sectors
2008 2009 2010 > Communication equipment
Seasonally Adjusted Outlook
> Computers and other electronic equipment
Net Employment Outlook > Chemical materials and products
No bar indicates Net Employment Outlook of zero. > Electrical Machinery and Appliances
* +15 = Net Employment Outlook (12)% = Seasonally Adjusted Oulook
22 JANUARY/FEBRUARY 2010 www.chainaonline.com
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