According to the report released by the Hong Kong Securities Institute on the 23rd, nowadays it is difficult for Hong Kong’s financial institutions to employ professional staff, especially in the areas of financial product development,promotion,trading and support.
This survey was carried out by
Asia’s expanding hedge fund industry will probably create tens of thousands of jobs in the next five years, even as investment bank recruitment dries up after the U.S. subprime mortgage market collapse, said Sheridan Mather, a managing director of recruitment firm Pinnacle International Ltd.
“We’re seeing some streamlining at the moment. We’re seeing some of the not so well-performing funds closing down,”
The world’s biggest banks and securities firms cut 83,000 jobs in the 10 months to May as
High school graduate Yang Caifeng has been racking her brains over which subject to major in college.
“I’m not sure if a popular major will secure me a good job four years from now,” the 17-year-old from
Yang said her farmer parents are unable to provide suitable advice, while her teachers always give “vague suggestions”.
“I’ve learnt that students majoring in certain hot subjects still cannot find work after graduation,” she said.
Huang Kaixiang, a high school student from
Chinese Vice Premier Zhang Dejiang on Thursday called for more efforts to create jobs and safeguard the legitimate rights and interests of employees.
Employment and labor rights protection have a lot to do with people’s well-being and social stability, Zhang told ministerial and provincial level officials at a workshop on employment and harmonious labor relations in
He acknowledged that
He called on officials to minimize unemployment in their administrations and encouraged more labor-intensive companies in job creation. Read the rest of this entry »
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For fresh graduates,
Sammy Yang has had five jobs since 2000. The 28-year-old administrative assistant in a foreign-invested company says change is easy. She quit because the work was tiring, boring, the pay wasn’t commensurate with her efforts, and she didn’t like the office politics.
“I will definitely leave if I feel unhappy where I work,” says job-hopper Yang, whose latest company specializes in intellectual property protection. The college grad has moved up in salary over the years and now earns 4,000 yuan (US$580). Read the rest of this entry »
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Kang Hui filled out the registration form for a construction company at a job fair. He felt he would be a good fit, given his skills.
The 40-something Kang was “laid off” after the construction company he formerly worked in suspended operations after the May 12
“I came to seek a job so as not to be a burden to my family or society,” said Kang. He said he had attended several such fairs organized for quake survivors in
Anyone who registered, so long as they were quake survivors, would get a job, said Yan Kaimin, Chengdu Construction Engineering Group’s deputy general manager, at the latest job fair in the city. Read the rest of this entry »
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The last bastion of
For decades,
Now, however, the central government has asked a few select cities across the country, including Shenzhen,
Drawn by economic optimism and demand for English speakers,
There was a time when a career in
“I graduated in French and German from Oxford University in 2003, but realised that the bigger opportunities actually lay eastwards,” says Daniel Nivern, 27-year-old director and founder of China Recruitment, an organisation that he set up two years ago to bring UK workers to China, linking them with Chinese companies and businesses that have a need for English speakers. Read the rest of this entry »
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Nineteen years after a crackdown against student protesters at
Most of all they are worried about getting well paid jobs and a share of the newfound wealth that many Chinese professionals are enjoying as the economy surges ahead with double-digit growth.
That is easier said than done. Last summer,
Often the first in their family to get higher education, these graduates of colleges and vocational schools have high expectations that are not being met despite soaring economic growth as there are more graduates than jobs in
Multinational companies’ (MNC)’s hiring expectations have largely declined in the second quarter, after sustaining a high level for a long period, but are rising in some sectors, a recently released human resources report said.
However, most respondents of globally leading recruitment and HR management firm Hudson’s survey remained optimistic, saying they considered an imminent recession in
The global Hudson Hiring and HR Trends Quarterly Report surveyed 718 executives of MNCs in
It said overall hiring expectations in the emerging market are declining, with 52 percent of respondents expecting to increase headcount, compared with 61 percent in both the previous quarter and the corresponding period of 2007. Read the rest of this entry »
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