A survey by online employment company ChinaHR.com, showed positions in government and public institutions were the choice of 10.9% of more than 40,000 college graduates and experienced working people, surveyed both online and in person. Meanwhile, jobs in the financial industry, the top choice of those surveyed every year since 2008, fell to 3rd place, with only 9% of applicants saying it was their top choice. Jobs in education and research came in second, with 9.7% selecting it as their top choice
'Financial positions always have too much pressure, while most of the post-90s are looking for stable jobs with less pressure,' said Liu Xingyang, HR consultant at ChinaHR.com, referring to those born after 1990. Most of them grew up in well-off families, so when looking for jobs they pay more attention to the balance of work and life, instead of focusing solely on high paid jobs.
The new ranking for government jobs helps illustrate a growing public sensitivity to job security. China's labor market is only beginning to show signs of softness. But many remember the fallout from the global financial crisis, when job cuts were more common. Government jobs have traditionally been seen as more stable, harkening back to the 'iron rice bowl' days of guaranteed employment by state-owned firms.
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