Latest News:  
Beijing   Cloudy/Overcast    2 / -4   City Forecast

People's Daily Online>>China Business

Telecom and IT hiring to be strongest

By Dong Zhen (Shanghai Daily)

09:53, January 18, 2012

THE global economic uncertainty is discouraging companies on the Chinese mainland from growing their headcount in the first quarter but employers in the IT and telecommunication sector have shown the strongest intention to recruit in the period, according to a survey by Hudson Recruitment.

Hudson said that 66 percent of the companies planned to increase their staff strength between January and March, down from 72 percent in the same period a year earlier.

However, 85 percent of the IT and telecommunication employers expressed the strongest intention to hire more staff in the quarter, up from 75 percent in the previous three months, the survey said.

"The growth may be attributed to the fact that many international IT corporations are opening up research and development centers in the mainland, boosting the recruitment intention within the sector" said Lily Bi, general manager with Hudson Shanghai, yesterday.

The survey, which interviewed 650 executives from mainland companies in all sectors, said that the hiring plans of employers in banking and financial services were the most affected as only 56 percent of the senior managers indicated they were looking for employees in the quarter, a sharp drop from 73 percent in the fourth quarter last year.

Hudson attributed the drop in hiring intention to the looming economic uncertainty globally.

The survey also found that 11 percent of respondents in the manufacturing sector said they planned to slash staff numbers instead of hiring, indicating that manufacturers have the highest intention to downsize staff strength compared to other sectors.


Leave your comment0 comments

  1. Name


Selections for you

  1. Diego Maradona attends charity activity in Shanghai

  2. Village on the way from Shandong to Northeast

  3. Service stations set up for migrant workers riding home

  4. Italian Navy divers speed the search for survivors on cruise liner

Most Popular


  1. Actions speak louder than words
  2. New driving force for East Asian cooperation
  3. In love with luxury amid global gloom
  4. China should take fight to US over Iran
  5. How will HK go through economic difficulties in 2012
  6. US dollar is just a dirty shirt
  7. Factors affecting world economy in 2012
  8. Why Russia's aircraft carrier visits Syrian port
  9. Central grain reserves turn into 'market stabilizer'
  10. A priority for Asia-Pacific shift

What's happening in China

Chinese shares rally 4.18 pct on better-than-expected GDP data

  1. Local pensions to be invested in stocks
  2. Plastic surgery drawing more Chinese to S. Korea
  3. Porsche owner's prank stirs public anger
  4. Railway police flex muscles against theft, fraud
  5. Social problems biggest challenge for Guangdong

PD Online Data

  1. Yangge in Shaanxi
  2. Gaoqiao in Northern China
  3. The drum dance in Ansai
  4. Shehuo in Baoji City
  5. The dragon dance