Chinese employers\u2019 hiring plans reached a six-year high as a recovery in the world\u2019s third- largest economy and the Shanghai World Expo boosted demand, a private survey showed.<\/p>\n
Manpower Inc., the world\u2019s second-largest provider of temporary workers, said 31 percent of employers expect to expand their workforce in the third quarter, citing a survey of 3,607 companies. A measure of the employment outlook rose to the highest since the survey began in 2005, the company said on its website today.<\/p>\n
After job losses in the economic slowdown, \u201cthe situation seems to be recovering quickly, and many companies are in urgent need of laborers to meet the increased demand,\u201d said Danny Yuan, managing director for Manpower China. \u201cIn regions like the Yangtze River Delta and Pearl River Delta, employers\u2019 demand for laborers has resulted in a blue-collar labor shortage.\u201d<\/p>\n
Higher demand for workers may fuel pay increases that HSBC Holdings Plc said yesterday are \u201cgood news\u201d for the economy because they will boost private consumption, putting a floor under growth. Foxconn Technology Group and Honda Motor Co. have raised wages and local governments have announced increases to minimum pay levels.<\/p>\n
The expo is boosting demand for services workers, Yuan said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Chinese employers\u2019 hiring plans reached a six-year high as a recovery in the world\u2019s third- largest economy and the Shanghai World Expo boosted demand, a private survey showed. Manpower Inc., the world\u2019s second-largest provider of temporary workers, said 31 percent of employers\u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[24],"tags":[3],"class_list":["post-2098","post","type-post","status-publish","format-standard","hentry","category-hrnews","tag-null"],"yoast_head":"\n