Talent flow in jobs, cities and industries will become more common this year and the competition for talents between cities will be more intense, according to the “2019 Human Capital Trend Report” released by online recruitment platform zhipin.com in Shenzhen yesterday.
Statistics show that the total number of people who switched jobs in 2018 increased by 32.3 percent compared with 2017, according to the report.
Chang Meng, head of the recruitment platform’s research division, said the trend will continue in 2019, affected by factors including the talent policies introduced by emerging first-tier cities, jobseekers’ optimistic expectations for emerging industries, dissatisfaction with current jobs and awareness of unexpected development in the current industry.
The report also reveals that artificial intelligence (AI), algorithm, intelligent recognition and other future-oriented skills will enjoy more popularity in the talent market.
In 2018, the total annual salary of all jobs requiring AI, algorithm, intelligent recognition and other related skills reached at least 1.5 billion yuan (US$222 million) and increased by a factor of 5.8 over 2017.
On the other hand, the growth rate of demand for highly procedural, repetitive and relatively simple jobs declined dramatically. Three types of jobs showed relatively obvious recession, namely basic customer service, warehouse sorting and basic translation.
Jobseekers should constantly learn and master new skills to meet the challenges of digitalization, Chang said.
In 2018, the five industries with the largest year-on-year decline in talent demand were finance, Internet and information technology, transportation and commerce, pharmacy and medical care, and automobile, the report shows.
Culture and entertainment, advertising and media, real estate, education and training, and professional services saw the largest year-on-year growth in talent demand last year.