China's job market continues to improve in Q3: report

Tracy Li
Thanks to government measures to bolster employment conditions, job supply further exceeded demand in the July-to-September period.
Tracy Li

Employment conditions in China continued to improve in the third quarter of this year, thanks to government measures to ensure stability in the job market, a new report shows.

An index evaluating job market supply and demand stood at 1.89 in the July-to-September period, up from 1.35 in the second quarter and pointing to a significant rebound in the talent market, according to a report jointly released by the China Institute for Employment Research (CIER) under Renmin University of China and job-hunting website Zhaopin.com.

A CIER index reading of above 1.0 means job supply outweighs demand, while below 1.0 indicates the opposite.

The intermediary service industry still tops the list with the highest CIER index, and "employment prosperity" of insurance, entertainment/sports/leisure, education/training, professional services/consulting and outsourcing services is still relatively high, the report showed.

Occupations with high CIER indices in the third quarter were technicians/operators, film and television/media/publishing, cooking and health care/beauty/hairdressing/fitness.

The eastern region of China continued to boast the best employment conditions, followed by the central and western regions.

The job market will maintain overall stability in the fourth quarter, the report predicted.

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