But thanks to the fast growth of the economy, the market is also showing helpful signs, according to MOLASS officials. In one recent survey of 2,600 companies in 25 provinces, 80 per cent of employers planned to recruit more workers in the weeks following the Spring Festival.
The number of job vacancies in the survey showed an annual growth of 15 per cent.
Geographically, most vacancies are concentrated in the export-led industries and services in the coastal cities, mainly in the Yangtze River Delta, the Pearl River Delta, and the southeastern part of Fujian Province, MOLASS data showed.
Zhuang Jian, senior economist with the Beijing office of the Asian Development Bank, told China Daily that despite the seriousness of the situation, the government has no need to resort to administrative means to tackle the jobs crisis.
Instead, he said, the government may come up with targeted solutions based on an analysis of job seekers in terms of their age, education and skills, so as to help them become more competitive in the job market.
Training, for instance, should be more widely accessible for the workers newly migrating from rural areas, he suggested.
Source: China Daily
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