Hiring intentions rebound on brighter outlook

Chinese employers are gaining confidence in the economic outlook, with hiring intentions showing a rebound for the fourth quarter after two consecutive quarters of decline, according to a report released on Wednesday by recruiting company Hudson Global Inc.

The Hudson Report: Employment Trend found that 54.9 percent of the 970 employers interviewed anticipated hiring more staff in the fourth quarter, up 3.4 percentage points from the previous quarter.

The proportion of employers planning to cut staff fell 5.1 percentage points to 8.1 percent.