Job postings in China up by 24% in August over January, finds GlobalData. Despite layoff concerns and the prevailing geopolitical tensions, job postings in China increased by 24% from 31,305 in January 2022 to 38,912 in August 2022, reveals the analysis of the Job Analytics Database of GlobalData, a leading data and analytics company.
In 2020, hiring activity bounced back and the trend continued through 2021 with May registering record high job postings. However, hiring activity was impacted again in the initial months of 2022 but stabilized soon after. Omicron’s impact on hiring activity was relatively lesser compared to initial impact experienced in 2020.
Sherla Sriprada, Business Fundamentals Analyst at GlobalData, comments: “GlobalData saw enhanced hiring activity across most of the key sectors in China in August 2022 compared to January 2022. There is an impressive hiring activity in the construction, automotive, technology, retail, and pharma sectors while most of the job postings are located in Shanghai, followed by Beijing and Shenzhen, Guangzhou, Hangzhou, Suzhou, and Qingdao.”
Some of the notable companies that have posted more jobs in August 2022 compared to January 2022 include Seazen Group Ltd, ZF Friedrichshafen AG, The Boeing Co, Meituan, TE Connectivity Ltd, JD.com Inc, and Johnson & Johnson.
Key jobs roles in demand include engineers, sales and marketing managers, architects, healthcare professionals and financial managers.
Sriprada concludes: “In 2022, companies such as Lego AS, Amazon.com, Springer Nature, Johnson & Johnson, Sysomos LP, Organon & Co, and Arrow Electronics Inc posted new roles. One such example is Arrow Electronics’ newly created position for a ‘Director, Business Development’. The role is responsible for the China New Energy Segment’s business development and projects design to development and market.”
