China enters an auspicious year, birth rate is expected to soar.
Pig years, which occur every 12 years, are considered auspicious. But the coming one, or so many believe, will be especially fortunate since it is not just a pig but a golden pig, the first in 60 or even 600 years, depending on which astrologer one consults.
Due to this auspicious year the birth rate will soar and gynecologists will be in high demand this year. Even bigger problems are bound to arise as the golden pig cohort reaches school age. Will there be enough teachers? Looking even further into the future. Will there be enough jobs?
Should we start taking account of auspicious years in our war for talent?
China's talent shortage survey results by Manpower
Manpower surveyed nearly 43,000 employers across 32 countries and territories in late January 2008.
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Hong Kong's jobless rate fell to 3.3%, lowest in 10 years
Hong Kong's unemployment rate unexpectedly fell to the lowest in a decade, aiding household consumption in a city where overseas sales are weakening.
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200 new jobs each day last year
Finance sector generates 200 jobs a day but 70% remain vacant.
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