The first quarter of 2012, workers demand growth slowed, labor

The first quarter of 2012, workers demand growth slowed, labor and employment market boom, should cause the relevant aspects of a high degree of vigilance. This is the reporter information obtained from CTG Chinese labor and employment industry employment index held yesterday morning report conference.

A quarter of a news conference yesterday afternoon, the Human Resources and Social Security Ministry spokesman Yin Chengji announced 332 million the Acer Extensa Keyboard first quarter of this year, the number Macbook Accessories of new jobs in urban areas, unemployment in urban areas and 139 million the number of re-employment, difficulty finding employment, employment number of 43 million people. The registered urban end of the first quarter is the unemployment rate was 4.1 percent, unchanged from the end of last year.

Employment Institute of Renmin University of China, China's competition for jobs index for three consecutive quarters after running below 1, the first quarter of this year, back to the one above, rose rapidly.

The competition for jobs index reflects the proportion of the number of job seekers and job vacancies in the labor market situation, have attracted much attention for its high correlation with the CPI, the GDP growth rate and other important macroeconomic indicators. In response to the question of "First Financial Daily" People's University School of Labor and Human Resources Professor Don mine yesterday, said that the competition for jobs index above 1 indicate that more intense competition in the labor market, employers and employment needs in the slow growth and keep up with the increase in labor supply margin.

The CTG Chinese labor and employment industry employment index report published in the manufacturing sector, wholesale and retail trade, ICT (information transmission, computer services and software industry) three major sectors of employment and business cycle. The manufacturing sector 2011 annual labor and employment weak economy, the economy was lower than in 2010. The lowest point of the two annual climate index in March, in a weak recession interval.

Wholesale and retail trade in 2011 labor and employment relative economy weakened, but the economy is greater than 2010. The ICT industry in 2011 relative prosperity, labor and employment only in March for the faint of downturn.

The report concluded that the degree of trend of the employment boom of the past two years with the manufacturing purchasing managers index (PMI), the trend is consistent. November 2011, PMI was 49%, the first time since March 2009, below the 50% mark, while the PMI less than 50 percent on the manufacturing sector is shrinking.

Nomura Securities said in a news release, the initial value of the HSBC China Manufacturing Purchasing Managers' Index (PMI) in April rose to 49.1, consistent with the trend and other leading indicators in March new credit, further confirmed that the economic activity in the first quarter of this year, touch end.

Human Resources and Social Security Minister Yin Weimin described in two sessions this year, 2012 Chinese cities and towns need to arrange for employment of 25 million, of which more than half of college graduates. At the same time, there are 900 million to 10 million transfer of surplus rural labor employment, total employment pressure. However, due to China's economic slowdown in 2012, leading to continued weakness in the job market demand.

Yi Fu Yin, demographers believe that the overall employment situation in China related to the structural contradictions of China's population. Due to long-term low fertility caused by the coexistence of population aging and low birth rate, structural contradictions, a direct result of the shortage of young workers and middle-aged labor surplus.