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Harvard Business Review China (HBRC) published The CIER Report released by China Institute for Employment Research
Time:2016-03-15
 

Recently, the famous Harvard Business Review China (March 2016), founded by Harvard Business School, has published the article named “ In 2016, which industry’s employment situation is the best? ” This article mainly introduces the CIER Report which was released by China Institute for Employment Research. This article use the CIER index to interpret and analyze the current employment and market situation in China, make a forecast for China's overall employment situation in 2016 at the same time.

Research shows that in the fourth quarter of 2015 than the third quarter, the number of recruiting demand has rebounded, the number of job applicants has declined, CIER index has increased. But eliminating the effect of seasonal factors and long-term factors, from the first quarter to the fourth quarter of 2015, job demand continues to rise, recruitment demand continued to decline, CIER index continued to decline. The weakness in employment market and the 2015 macroeconomic situation is consistent. Based on the prediction of the CIER index cycle factors shows that in 2016 the falling probability of the whole year CIER index cycle factors continued to be great, but the descending speed will be less than 2015. Superposition of long-term trends and seasonal factors, the 2016 CIER index may still show an overall upward trend, specific, the second quarter than the first quarter fell, the third quarter and the fourth quarter of the year will gradually rise.

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