Graduates in China: e-commerce and the sharing economy have jobs for you!

It has almost become a cliche that every year sees the hardest season finding a job. However, the internet industry is a different story: the boom of the internet is increasing recruitment demand.

These claims come from 2016 Q2 China Employment Index Report, jointly published by Chinese leading career platform Zhaopin and the China Institute for Employment Research at Renmin University, released in Beijing on Thursday.

“E-commerce and the sharing economy contribute greatly to creating job opportunities in China,” said CEO of Zhaopin Guo Sheng.

You Wuyang, vice director of policy research in Alibaba, claimed that Alibaba have created over 15 million job opportunities in its extended e-commerce platforms as of the end of 2015. VP of Didi Chuxing Zhang Bei, said in April that Didi provides work to 13.3 million drivers in its non-Taxi services.

According to the index, the top three industries with the largest recruitment demand are: internet, finance, and transportation. In the internet and e-commerce industry, about every 11 job vacancies is met with only one job seeker, whereas transportation enjoys the fastest increase of recruitment demand, a YoY growth of 58%. Additionally, the best-performing sector in terms of recruitment demand, internet and e-commerce, was almost 47 times that of energy and mining, the worst-performing one.

Speakers at public launch of the report emphasized that the internet has been transforming the industrial landscape of China; this includes both industries that are obviously associated with the internet – like deliveries and multimedia – but also many less obvious traditional industries like manufacturing and mining.

(Top photo from Baidu Images)

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