Study shows pressure on labor market is easing

Pressure on China's labor market is showing signs of easing, according to the 2016 Global Skills Index by Hays, a human resources consultant that assesses efficiency of skilled labor markets in 33 countries.

The data suggested that risks of a hard landing of the Chinese economy have abated, thanks to improving exports and steady infrastructure investment that offset downward pressure.

Seven indicators, including labor market participation and wage pressure, make up the ranking. Each indicator receives a score on a scale of 0 to 10. A score closer to 0 means almost no pressure, while a score closer to 10 suggests severe pressure.