China talent mismatch
As China overtakes Japan as the second-largest economy in the world, the country is suffering a talent mismatch, according to David Arkless, executive board member at Manpower and vice president of the China International Council for the Promotion of Multinational Corporations (CICPMC).
China has moved ahead of its Asian neighbour with Japan’s economy growing by just 0.4% in the second quarter of the year. Arkless told Recruiter that China is experiencing growth in all areas but domestic talent is not keeping pace with demand.
“One of the issues that China has is that it has plenty of skills but not enough people with the right skills at the right time, which is causing a talent shortage in most sectors. The financial sector is growing fast as is infrastructure and the services sector is booming. There is broad demand right across the board.
