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The Report Says Mainland Multi City Wage Growth Is Running At CPI

2011/9/28 16:56:00 24

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Report On Wage Increase In Mainland Cities

In most of the four industries in 15 cities in China,

wages

The total is rising, but in fact, most of the local wages are decreasing after deducting the price rising factor.

This reporter was informed today by Xinhua news agency, the economic reference daily, the State Council Human Resources Research Institute.

According to Su Hainan, President of the State Council Human Resources Research Institute of the economic reference daily of Xinhua news agency, the index takes 15 cities (9 eastern cities, 3 central cities and 3 western cities) as well as pportation, storage and post industry, financial industry, wholesale and retail trade, and manufacturing four heavy industries. It takes January 2010 as the base period, and compares the data in June 2011 with the base period, the same period last month and last month's data, and draws a conclusion.

The index analysis provided by the Research Institute shows that the manpower of these 15 cities

Resources

There are four significant characteristics in the market.

First, the overall employment rate of labor and employment increased year by year, and the trend of decline was decreasing. This is basically consistent with the slowdown in China's GDP growth rate and the decline in the PMI index of China's manufacturing industry for four consecutive months.

Two, in the Guangzhou and Shenzhen places where traditional labor services are clustered, whether the year-on-year or annulus ratio, the employment volume has been reduced, which reflects the structural shortage of labor in China in recent years, and is related to industrial pformation and upgrading.

In most cities, the volume of employment increased substantially last year, to a certain extent, reflecting the economic development of most cities this year is better than last year.

Among them, the employment volume of Shenyang and Wuhan has increased exponentially, and the economic development of these two cities may be better than that of last year and related policy support. The employment rate in Chengdu in Western China has increased significantly, and it has also been related to the establishment of industrial parks, the increasing demand for employment and the massive return of migrant workers.

In contrast, the employment rate in most cities is lower than that in most cities, reflecting the uncertainty of the economic development of these cities this year.

Three, from the perspective of the industry, the wages of new types of workers such as deliveries and freight drivers have increased rapidly, while the wages of traditional manufacturing industries have declined, reflecting the emergence of new phenomena in the grass-roots human resources market in China.

Four is from the wage situation, although most of the city's total wage is rising, but after deducting the price factor, the real wage is decreasing.

Taking January 2010 as the base period, by comparing June 2011 data with the data of all 15 cities and four industries in January 2010, we found that after the deduction of price factors, the average wage of ordinary workers increased by only 1%, compared with June 2010, and the real wages decreased by 5%.

This shows that the wage increase of ordinary workers is not "running too fast".

income

Year-on-year decline.

In absolute terms, the highest monthly average labor remuneration in four industries is the financial sector, which is 4632.04 yuan (including social insurance, etc.). The lowest is the wholesale and retail trade, which is 2063.24 yuan.

Among them, the monthly average labor remuneration level of Shanghai's financial industry is the highest, which is 6117.67 yuan; the average labor remuneration of Chongqing's wholesale and retail industry is the lowest, 1492.68, while the former is 4 times the latter.

In the next step, the relevant market trend of human resources, Hainan, Jiangsu Province, as a whole, in addition to the shortage of labor in the Pearl River Delta region, such as Guangzhou and Shenzhen, the market for labor supply in eastern and central parts of China is booming. There is a boom in demand and supply. Especially in the central region of Wuhan, Changsha and Zhengzhou, it is expected that in the last few months, the employment rate will increase at a relatively high rate, and the average real labor remuneration will also increase.

With the return of a large number of migrant workers in the western region, there may be a shortage of jobs or high income jobs.

From the industry data, pportation, warehousing and postal services have entered a period of vigorous expansion, and the amount of labor services and labor remuneration for labor services may increase considerably.

The volume of employment in the financial sector will fluctuate slightly at the current level. In view of the higher requirements for the employment personnel, the remuneration will remain at a relatively high level.

The volume of employment in the wholesale and retail trade will increase, but because of the relatively low conditions of labor employment, the strong substitution ability and the weak ability to negotiate with the enterprises, the growth rate of labor remuneration may continue to decline, or even turn to negative growth.

As China's manufacturing PMI index continues to pick up in August, there will be a slight increase in the employment of manufacturing industry, and labor remuneration is expected to increase gradually.

According to the briefing, Xinhua Economic Reference newspaper Shi Bang Human Resources Research Institute is a special institution established by the economic reference daily in order to compile the human resources index of Xinhua news agency.

The index system of Xinhua news agency is the index system based on the data base of Guangzhou's Shi bang Human Resources Inc database and part of the field research. It aims to reflect the wage and labor supply and demand of workers in some parts of China, so as to build China's "public wage index".