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CHINA"S JOB MARKET HINTS AT BUOYANCY
While the worldwide job market has undergone a synchronised slowdown, China seems to be emerging early, with education and manufacturing named as the buoyant markets to watch by a leading recruitment agency.
“A levelling of the previous downward hiring trends has definitely been noted across several sectors of China’s job market,” says Emma Charnock, Regional Director of Hays in China.
“With some positive hiring intentions starting to emerge in China, our market is certainly more positive than that experienced by our Asian neighbours.
“In particular, demand remains very strong in the education sector for teachers of chemistry and physics at the secondary level. Economics is another subject area of key demand. Strong school leaders with UK curriculum experience are also in demand for leadership roles. As the foreign curricula market develops further in China, these candidates are sought to drive the quality of teaching and learning as well as the management of teaching staff.
“China’s manufacturing and operations market is the other market to watch. Positive hiring intentions are evident and employers are eager to see suitable candidates. Overseas interest in establishing Chinese operations will also continue to drive vacancy activity. In particular, demand is high for engineering managers, operations directors and program managers.
“Meanwhile, if evidence of positive times ahead can be found anywhere, it is in the demand for senior human resources professionals, sought by organisations for new ventures in preparation for future business growth.
“Even in the banking sector, there is activity. Certainly recruitment activity is not as aggressive as it once was, but activity is no longer trending down. Demand does exist, particularly for candidates with strong Chinese experience working with RMB currency products, such as fixed income or bonds. Trade and sales candidates are also sought, while retail banking roles are available in second and third tier cities.
“The construction & property market is also starting to bounce back, with many architectural and design firms looking at expanding their headcount. Senior roles will become available soon, but the present focus is entirely upon candidates that can have an immediate result in terms of project completion or securing new projects,” said Emma.
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