For increasing numbers of young Chinese professionals, the first day back at work after the Lunar New Year holiday is the day they quit.
The period after the Lunar New Year holiday, also known as Spring Festival, often sees Chinese workers on the move. With their annual bonus in their pocket, and the trip home to see family behind them, many young workers are looking for a change. But this year, the number looking for new opportunities was especially high.
Nasdaq-listed recruitment site 51job notes a similar trend. The number of job opportunities posted in the week after New Year reached 2.26 million, up 21.5% year-on-year, the company said in a recent report. The increase was caused partly by an increase in the number of companies advertising jobs online, and partly by workers quitting their jobs at the end of the holiday, according to the report.
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