Job Openings in China Fall Over 30% Amid Coronavirus

Caixin Global | Mar 26, 2020 at 8:26 PM
  • Job openings in China for the first two months of this year dropped by more than 30% as the coronavirus epidemic severely disrupted economic activity, a new survey has found.
  • Survey organizer Lu Hai, a professor at Peking University, discussed the findings in an online seminar held Wednesday to discuss the coronavirus’s economic impact.
  • China’s official manufacturing Purchasing Managers’ Index (PMI), which gives a snapshot of operating conditions in the manufacturing sector, tumbled to a record low of 35.7 in January-February.