Sino-Singapore Jingwei, October 26. On the 26th, the China Employment Research Institute of Renmin University of China and Zhilian Recruitment released a report on the employment market for college graduates in the third quarter of 2021.

The report shows that with the improvement of domestic epidemic prevention and control and the continuous recovery of economic development, the CIER index of college graduates in the third quarter was 1.24, and the employment prosperity index decreased from the previous month, but rose year-on-year.

  From the perspective of recruitment demand, the recruitment demand for college graduates in 2021 was higher than the same period last year in January-June, reached the highest in March-April, declined in July, and remained basically the same as the same period of last year in August-September; In view of the fact that the job search for college graduates is cyclical, the number of job seekers is relatively high in March and September, and because the domestic epidemic prevention and control effect is better in 2021, compared with last year, graduates of this year can choose to participate in offline campuses. Job hunting through channels such as job fairs, therefore, the overall number of online job hunters this year is lower than the same period last year.

The hotel/catering industry prosperity index rebounded from the previous month

  In terms of industry and occupation, the report shows that

the industry with the best employment boom for college graduates this quarter is the intermediary service industry, with a CIER index of 22.3

.

In addition, the employment boom in education/training/academies, Internet/e-commerce, real estate/construction/building materials/engineering, medicine/biological engineering and other industries is also relatively good.

From a quarter-on-quarter perspective, the employment boom in the pharmaceutical/biological engineering, funds/securities/futures/investments, and hotel/catering industries increased quarter-on-quarter. Especially in the context of the normalization of epidemic prevention and control, the third quarter ushered in student summer vacation, Mid-autumn holidays, etc. , Making the employment boom of the hotel/catering industry rebounded significantly.

  The industry with the lowest employment prosperity index for college graduates this quarter was aviation/aerospace research and manufacturing, with a CIER index of 0.20.

In addition, the CIER index for industries such as energy/minerals/mining/smelting, gifts/toys/arts and crafts/collectibles/luxury goods, tourism/vacation, transportation/transportation, etc. is also relatively low.

The employment boom in these industries is relatively poor, which means that the employment competition for college graduates is also fierce.

  The report pointed out that the national "double reduction" policy was officially promulgated in July 2021, and local governments have successively issued specific implementation documents.

It can be seen that entering the third quarter, the number of college graduates in the education/training/academic industry has declined month by month from July to September, while the number of job applicants also dropped significantly in August and rebounded slightly in September. .

The employment prosperity index of college graduates in the education/training/academy industry was 8.63 and 9.77 in July and August, respectively, but dropped to 4.69 in September, indicating that the “double reduction” policy has a significant cooling effect on employment in the industry .

The best employment situation for graduates in third-tier cities

  In terms of subregions, the CIER index of the eastern and northeastern regions was similar this quarter, at 1.93 and 1.91 respectively; while the employment boom in the western and central regions was relatively low, at 1.35 and 1.26 respectively.

  According to the report, in terms of year-on-year, except for the CIER index in the Northeast, which was basically the same year-on-year, the CIER index in the eastern, central and western regions all declined.

Compared with other regions, the recruitment demand for college graduates in the eastern region has increased, an increase of 9% year-on-year, while the recruitment demand in the central, western, and northeastern regions has decreased year-on-year.

In addition, compared with the same period last year, the number of deliveries in the central, western, and northeastern regions is also increasing, with year-on-year growth rates of 22%, 36%, and 15% respectively.

  In terms of quarter-on-quarter, the CIER index in all regions declined in this quarter, especially in the Northeast. The decline was mainly due to the fact that the recruitment demand in the eastern and northeastern regions was basically the same as the previous quarter, and the number of job applicants increased significantly compared with the previous quarter, making the employment boom showing a decline. situation.

  In terms of city levels,

the employment boom for graduates in third-tier cities was the best this quarter, followed by second-tier, first-tier and new first-tier cities

.

Among them, the CIER indexes of first-tier and new first-tier cities were 1.40 and 1.26, respectively, and the prosperity index was relatively low; while the CIER indexes of second-tier and third-tier cities were 1.70 and 2.75, and the job market was relatively loose.

  The report shows that on the demand side, the number of college graduates in first-tier cities has increased by 26%, while the demand for new first-tier, second-tier, and third-tier cities has all declined, to 14%, 4%, and 10%, respectively; on the job-seeking side, The number of job applicants in first-tier cities fell by 7% year-on-year, and the number of job applicants in new first-tier, second-tier, and third-tier cities all increased year-on-year, with increases of 16%, 28%, and 15%, respectively.

  The report pointed out that due to the adjustment of the supply-side statistical caliber, the employment market prosperity index for college graduates is lower than the national level; the "double reduction policy" has a significant impact on the recruitment demand for some positions, and the job hunting behavior of related employees needs further attention; the employment of college graduates Structural contradictions still exist, and it is necessary to further optimize the employment structure through policy guidance.

(Zhongxin Jingwei APP)