Hiring index signals further job weakness
By Shi Jing in Shanghai | China Daily | Updated: 2013-06-28 08:16
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A new graduate asks about employment opportunities at a job fair in Jiujiang, Jiangxi province, on Monday. A Hudson survey of 816 employers found that 13.2 percent will cut staff in the next three months, 6.2 percentage points more than in the second quarter. Zhang Haiyan / For China Daily |
An index measuring employers' hiring intentions for the third quarter on the Chinese mainland will drop to 51.5, the lowest since the beginning of 2010, according to the latest Hudson Report released in Shanghai on Thursday.
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