Growth in Chinese recruitment slows to crawl

Growth in Chinese recruitment slows to crawl

According to Analysys’ methodology, Q3 2019 was the fourth consecutive quarter of declining market value for online job boards, as the nation’s economic slowdown and U.S. trade war ramifications have cut demand for low income positions. The most recent quarter saw the market grow by just 0.1%, down from over 31% in Q3 2018, and the second consecutive quarter of sub-2% growth rate. The sector is currently values at 3 billion RMB by Analysys.