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China labor market information

Update Date:2019-6-4 18:03:57     Source:www.3737580.com     Views:440

China human resource services
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China remains the number one international assignment location in Asia, companies are trying to move away from the costly expatriate package , and they need know the China labor market , to find the suitable employers to work for them.

 

The workers are revolting ----- China labor market

Labour unrest in China is more common than you may think. The country's courts handled more than 280,000 labour disputes in 2008, according to Outlook Weekly, an official magazine. It is difficult to know if unrest is growing, but the government at least seems to think so. The same source reports that disputes in the first half of 2009 were 30% higher than a year earlier. Guangdong, a favourite province for foreign companies, suffered at least 36 strikes between May 25th and July 12th, according to China Daily, a government newspaper.

 

Currently  situation --- China labor market

China’s labor market is evolving from a mass of unskilled labor into one featuring an increasingly sophisticated labor force.Challenges in continuing to improve labor conditions are associated with China’s economic restructuring agenda, as labor demand and supply mismatches emerge in certain sectors.Currently, competition for well-paying, higher-skilled jobs is high. Increasing investment and competition would initiate reform in these sectors similar to reform measures imposed on the manufacturing sector in the nineties. In this way, both four-year college graduates and vocational school graduates would be able to obtain better paying jobs. Once this is accomplished, the modern Chinese employee may truly have less to protest.

 

China’s labor market data :

1.Low-tech industries are still occupying a large portion of China’s economic structure.

2.China’s economy is going downhill.

3.There is a higher demand for labor with a vocational secondary education level which in turn, contributed to the above-1 vacancy-to-job-seeker ratio in this particular group of the labor market

4.Since Q2 2013, enterprises’ demand for labor having a college or above education level is less than the supply. 

 

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