China’s education, tutoring industry posts 10 available jobs for every applicant amid crackdown, study finds
- K-12 tutoring companies have ‘transitioned their businesses’, but millions of jobs were affected after Beijing said firms ‘violated the laws of education’
- CIER index that gauges China’s labour market also shows that jobseekers are leaving some competitive top-tier job markets for greater stability in lower-tier cities
Employment prospects in China’s education and tutoring sector vastly outweigh those in other industries due to the reduced competitiveness in the sector’s job market amid a regulatory crackdown in recent months, a new report says.
In the year’s third quarter, the sector held the highest ratio as measured by the CIER index – a gauge for China’s labour market that reflects the number of job openings for every applicant. The ratio is jointly provided by the China Institute for Employment Research (CIER) at Renmin University in Beijing and Zhaopin, a job recruitment website.
At 10.72 for the education and job industry, the ratio is considerably higher than the 2.15 for China’s entire job market.
A higher index means that there are more jobs available for each applicant, and that the environment is less competitive for jobseekers. In the case of education and tutoring, the number of jobs fell while the number of jobseekers fell even more.
Many K-12 tutoring companies have already transitioned their businesses to quality education, such as painting or music lessons, against the backdrop of the regulatory crackdown
Coming in second on CIER index was intermediary services with a ratio of 9.28, followed by logistics jobs with a ratio of 6.90.