Total revenue of China online employment market exceeded RMB3.08 billion ($501.6 million) in 2013 with an increase of 15.25% from last year.
In 2013, total number of employers having adopted online recruitment exceeded 1.969 million with an increase of 21.6% from last year in China according to iReearch. The growing of online employment in China is due to three factors:
- The increase of total Internet users in China stimulates online employment.
- Employment needs of small and medium-sized enterprises are increasing; the cost of online employment are very low and sometimes free
- Rapid development of economy in China has direct impact
With rapid increase of employees looking for jobs online, it is estimated that total number of online job seekers will increase to 150.646 million in 2017 in China, estimated iResearch.
Related: Status of China’s Business Social Networking Market