China has made income growth and the reform of its wage-distribution system a priority within broader efforts to cushion the domestic job market against the impact of artificial intelligence over the next five years. A new blueprint released by the Ministry of Human Resources and Social Security on Thursday laid out a detailed road map for the strategy, vowing to promote collective wage bargaining within the private sector, ensure steady wage growth, and tilt pay towards frontline...
China’s technical schools offer hope to desperate university graduates who cannot find a job – but for many, the reality falls short of the promise. As China’s university graduates face mounting job market pressures, a growing number are turning to an unconventional lifeline: vocational training schools. The phenomenon, colloquially known as “returning to the furnace”, sees degree-holders enrolling in technical programmes to acquire practical, employable skills. The trend is gaining measurable...
The sector’s AI hiring rose 16% year-on-year in June, while overall IT jobs declined 3%, according to job portal Naukri’s monthly JobSpeak report