Foreign firms in China cut new jobs by 25.....>

CHINA: Foreign firms in China cut new jobs by 25 per cent in third quarter in

sign of decoupling, study shows (SCMP)

- New jobs offered by overseas firms in China dropped 25 per cent in the third

quarter of 2019 from a year earlier, an independent job survey found, indicating

foreign companies are becoming more cautious in hiring amid the trade war with

the United States.

- The survey, conducted by the China Institute for Employment Research (CIER)

and job search website Zhaopin, showed that the number of applicants for jobs at

wholly-owned foreign businesses in China rose 4.6 per cent, causing the ratio of

available positions to jobseekers to drop below one. This indicates, that on

average, more than one applicant applied for each position, with the current

ratio of 0.99 down sharply from 1.39 in the third quarter of 2018.

- Link: https://tinyurl.com/y48pmso6