Chinese firms keen to raise hiring
By Jia Feishang |
December 8, 2010, Wednesday
|
Print Edition
Print Edition
EMPLOYERS on the Chinese mainland have indicated strongly their intention to increase staff in the first quarter of 2011, though Shanghai firms posted a quarterly drop on hiring expectations, according to a global employment outlook survey yesterday.
The net employment outlook for Shanghai was 23 percent, a 16 percentage-point drop from that of the last quarter in 2010 while the figure for the whole mainland market was 40 percent, according to the report released by Manpower which interviewed nearly 64,000 employers worldwide, including 3,891 based in the Chinese mainland.
Due to rising labor costs in first-tier and coastal cities such as Shanghai, many employers may be inclined to transfer labor-intensive enterprises to emerging cities, Danny Yuan, managing director of Manpower China, said.
The net employment outlook is derived by taking the percentage of employers anticipating an increase in hiring activities less the percentage of employers who expect to reduce their workforce.
Robin Zhu, an official with Manpower, told Shanghai Daily that the city usually has a stable employment outlook and big increases are not reported often due to its already powerful economy.
As the World Expo ended on October 31, the service and transport industries have cooled, especially hotels, logistics companies and translation businesses which have seen a drop in demand.
Changsha, capital of Hunan Province, and Qingdao in Shandong Province led the employment outlook in 16 cities, with 59 percent and 55 percent respectively.
The survey also said firms in six sectors planned to boost staffing levels for first quarter of 2011.
The net employment outlook for Shanghai was 23 percent, a 16 percentage-point drop from that of the last quarter in 2010 while the figure for the whole mainland market was 40 percent, according to the report released by Manpower which interviewed nearly 64,000 employers worldwide, including 3,891 based in the Chinese mainland.
Due to rising labor costs in first-tier and coastal cities such as Shanghai, many employers may be inclined to transfer labor-intensive enterprises to emerging cities, Danny Yuan, managing director of Manpower China, said.
The net employment outlook is derived by taking the percentage of employers anticipating an increase in hiring activities less the percentage of employers who expect to reduce their workforce.
Robin Zhu, an official with Manpower, told Shanghai Daily that the city usually has a stable employment outlook and big increases are not reported often due to its already powerful economy.
As the World Expo ended on October 31, the service and transport industries have cooled, especially hotels, logistics companies and translation businesses which have seen a drop in demand.
Changsha, capital of Hunan Province, and Qingdao in Shandong Province led the employment outlook in 16 cities, with 59 percent and 55 percent respectively.
The survey also said firms in six sectors planned to boost staffing levels for first quarter of 2011.
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