T. H. Data Flash – 51job Inc. (JOBS) – May & 2Q19E: Job Market Continues Its Weakness In China; Expect In Line 2Q19 Results

  • T. H. Data Flash – 51job Inc. (JOBS) – May & 2Q19E: Job Market Continues Its Weakness In China; Expect In Line 2Q19 Results

China’s economy is continuing its weaker trend with PMI below 50 in May 2019 following the same situation in April 2019. Such weakness in the underlying economy continues to put pressure on the job front. It has been the fourth consecutive quarter that the number of new jobs added nationwide was lower than the same time last year.

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