China's economy may be headed for a bumpy ride as growth slows, but that hasn't dented the confidence of jobseekers who remain largely optimistic about employment prospects in the near future, a new survey shows.
Almost half of the 2,400 employees surveyed in China's professional sector believe the job market for the sector they work in will improve in the next 12 months, according to recruitment agency Michael Page's report published on Wednesday.
"While growth in the Chinese economy has slowed over the last 12 months, the volume of job opportunities in the professional sector remains steady and so too are the confidence levels of jobseekers," Richard King, managing director, north and eastern China at Michael Page said in a note.
About 40 percent of the respondents also said they're likely to change jobs in the next 12 months, while more than 60 percent will ask their current employer for a pay rise in order to stay in their present role.
"In light of this, both financial and non-financial incentives will need to be offered by employers looking to secure talented staff in the next 12 months," King said.
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The report comes amid signs that a slowing Chinese economy is impacting the labor market in what is considered the "workshop of the world."