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Oct 23
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Nov 3, 2023

Job markets from Hungary's IT sector to Chinese construction

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Canadian building permits, Thai insurers' assets and more
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Oct 23
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Nov 3, 2023

Highlights

Hungary

We’ve added a sectoral breakdown of employment from the national statistics office. 

This visualisation shows the trends for various industries since the dataset’s inception almost five years ago. (We’ve also added a pie-chart column to reflect each industry’s share of total employment.) Information technology-related fields and the construction industry have seen the strongest growth in employment, with increases of 26 percent and 21 percent respectively. Agriculture and forestry and the “human health and social work” categories have been shedding workers. 

China

We’ve added a breakdown of construction employment by province. To illustrate these datasets at a time when the property sector is under pressure, we’ve created two charts.

The first is a two-paneled visualisation that compares construction employment to the Chinese statistics’ bureau’s index of residential and non-residential real estate prices.

The top pane represents what the statistics bureau calls “cumulative” data for construction employment over calendar years; we have highlighted the third-quarter figures for a like-for-like comparison. Q3 2023 employment is down about 3 percent from a year earlier, with 1.3 million fewer people working in the industry. 

The “thickest layer” for some time has been fast-growing Jiangsu province, which borders Shanghai – followed by Zhejiang and Fujian. Together, these regions account for about a third of construction employment.

The second pane reflects the slowing real-estate market. Year-on-year price growth has fallen to a 30-month low of 2.9 percent. 

Our second chart takes a deeper dive into regional employment trends. It highlights the much weaker environment for construction employment, comparing both 2023 to 2013 (in the “dashboard” part of the visualisation) and the 2020s versus 2010s averages (in the right-hand numerical columns). We’ve also added a row on the real-estate index from the first chart for comparison.

The red diamonds represent the most recent year-on-year employment growth readings for each province, and the green squares represent that figure in 2013. In almost all regions, the direction of travel is to the left – to a slower or even negative growth versus a decade earlier. (Shanghai is interesting for its stagnant reading in 2013; the government was moving to cool an overheated housing market in the city at that time.)  

When comparing the decades, the 2020s – with a majority of provinces posting negative year-on-year growth on average – are a starkly different environment from the 2010s.

Full listing

Australia

CoreLogic Monthly Real Estate Indices - Dwelling

Country & Region > Australia [au, Region] > Construction & Real Estate [cons, Category] > Real Estate > Real Estate Indicators > Dwelling > CoreLogic Monthly Indices

CoreLogic Monthly Real Estate Indices - Houses

Country & Region > Australia [au, Region] > Construction & Real Estate [cons, Category] > Real Estate > Real Estate Indicators > Houses > CoreLogic Monthly Indices

CoreLogic Monthly Real Estate Indices - Units

Country & Region > Australia [au, Region] > Construction & Real Estate [cons, Category] > Real Estate > Real Estate Indicators > Units > CoreLogic Monthly Indices

Small Area Labour Markets

Country & Region > Australia [au, Region] > Labor Market [lama, Category] > Small Area Labour Markets

Canada

Building Permits - Real Estate

Country & Region > Canada [ca, Region] > Construction & Real Estate [cons, Category] > Real Estate > 📖 CANSIM Detail > Construction > Residential Construction > Building Permits by Type of Structure & Type of Work > National

Building Permits - CANSIM

Source & Release > Canada [ca, Region] > Statistics Canada > CANSIM Database > CANSIM > Construction > Residential construction > 34-10-0065-01 - Building permits, by type of structure and type of work

Czech Republic

Commercial Bank - Loans

Country & Region > Czech Republic [cz, Region] > Money, Banking & Credit [bank, Category] > Deposits & Loans > Commercial Banks > Loans

Commercial Bank – Deposits

Country & Region > Czech Republic [cz, Region] > Money, Banking & Credit [bank, Category] > Deposits & Loans > Commercial Banks > Deposits

China

National and Provincial Construction Enterprise Employment Data

Country & Region > China [cn, Region] > Labor Market [lama, Category] > Employment > Construction Enterprises

France

Global Consumer Confidence Index

Country & Region > France [fr, Region] > Surveys & Leading Indicators [surv, Category] > Consumer Surveys > IPSOS > Consumer Confidence Indicator

BoF Inflation Expectations

Country & Region > France [fr, Region] > Surveys & Leading Indicators [surv, Category] > Economic Surveys > Bank of France > Inflationary Expectations

Hungary

National Employment Dataset

Country & Region > Hungary [hu, Region] > Labor Market [lama, Category] > Employment > National Economy 

Japan

Consumer Price Index, Laspeyres’ Chain Index

Country & Region > Japan [jp, Region] > Prices [pric, Category] > Consumer Price Index > National > Laspeyres' Chain Index

Kosovo

Industrial Production Volume Index

Country & Region > Kosovo [apk, Region] > Production [prod, Category] > Industrial Production    

New Zealand

Regional Building Consents - Auckland

Country & Region > New Zealand [nz, Region] > Construction & Real Estate [cons, Category] > Construction > Construction Status > Permits > Stats New Zealand > Regional > Auckland Region

Regional Building Consents - Canterbury

Country & Region > New Zealand [nz, Region] > Construction & Real Estate [cons, Category] > Construction > Construction Status > Permits > Stats New Zealand > Regional > Canterbury Region

Regional Building Consents - Otago

Country & Region > New Zealand [nz, Region] > Construction & Real Estate [cons, Category] > Construction > Construction Status > Permits > Stats New Zealand > Regional > Otago Region

Regional Building Consents - Wellington

Country & Region > New Zealand [nz, Region] > Construction & Real Estate [cons, Category] > Construction > Construction Status > Permits > Stats New Zealand > Regional > Wellington Region

Portugal

Job Vacancy Rate

Country & Region > Portugal [pt, Region] > Labor Market [lama, Category] > Job Vacancies > Rate

National Accounts

Country & Region > Portugal [pt, Region] > National Accounts [naac, Category] > Expenditure Approach > Final Consumption Expenditure

Saudi Arabia

Job Vacancy Rate - by region and sex

Country & Region > Saudi Arabia [sa, Region] > Demography [demo, Category] > Population by Region & Sex

Job Vacancy Rate - by sex, nationality and age

Country & Region > Saudi Arabia [sa, Region] > Demography [demo, Category] > Population by Sex, Nationality & Age

Serbia

Producer Price Index, Industrial Products, Agriculture

Country & Region > Serbia [rs, Region] > Prices [pric, Category] > Producer Price Index  

Sweden

Forecasts

Country & Region > Sweden [se, Region] > Forecasts [fcst, Category] > Riksbank

Thailand

Food Prices

Country & Region > Thailand [th, Region] > Prices [pric, Category] > Food Prices

Total Assets of Insurance Business

Country & Region > Thailand [th, Region] > Business Statistics [bust, Category] > Insurance

Turkey

Bank Deposits - Sectoral Breakdown

Country & Region > Turkey [tr, Region] > Money, Banking & Credit [bank, Category] > Deposits & Loans > Deposit Money Banks > Deposits > Deposits By Sector

Outstanding Loans Received From Abroad on a Remaining Maturity Basis (Projections)

Country & Region > Turkey [tr, Region] > Foreign Finance [fofi, Category] > Foreign Debt > Long-Term > Private Sector > Outstanding Loans Received from Abroad on a Remaining Maturity Basis (Projections)

United Kingdom

Labour Force Statistics – Market Status

Country & Region > United Kingdom [gb, Region] > Labor Market [lama, Category] > Labor Force Statistics > Market Status

Electricity generation by source

Country & Region > United Kingdom [gb, Region] > Production [prod, Category] > Electricity > Generation > By Source

United States

S&P/Robert Shiller Real Home Price Index

Country & Region > United States [us, Region] > Construction & Real Estate [cons, Category] > Real Estate > Real Estate Prices > Residential > Real Home Price Index > S&P/Robert Shiller

County Employment & Wages - average

Country & Region > United States [us, Region] > Income & Earnings [inea, Category] > Wages & Salaries > Average Weekly Wages

County Employment & Wages - establishments

Country & Region > United States [us, Region] > Income & Earnings [inea, Category] > Wages & Salaries > Establishments

County Employment & Wages - employment

Country & Region > United States [us, Region] > Income & Earnings [inea, Category] > Wages & Salaries > Employment

County Employment & Wages - country

Source & Release > United States [us, Region] > U.S. Bureau of Labor Statistics (BLS) > Selected Releases > County Employment & Wages [rel_usineawa, Release]

World

Index for Risk Management (INFORM) - Hazard & Exposure - Physical Exposure to Coastal Floods  

Source & Release > World [world, Region] > Index for Risk Management (INFORM) > Index for Risk Management [rel_woinfromindex, Release] > Global Risk Index > Hazard & Exposure > Natural

Zambia

Banking Sector Balance Sheet

Country & Region > Zambia [zm, Region] > Money, Banking & Credit [bank, Category] > Banking Sector Indicators > Banking Sector

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