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      "text": "And in 51job, Inc.'s (JOBS) Q1 2019 conference call, further validates that the job market is really not doing well in 2019:",
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      "text": "And for, let's say, the workers that are remaining in the hometown, will these present more opportunity to us or is that more - potentially more naturally based to the recruitment side? So any color will be helpful. Thank you.",
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      "text": "So I think hiring will continue to be difficult, and I think established companies will continue to actively recruit. As we said, we think that the SMEs will probably have a more - have more volatility in their hiring activities.",
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      "text": "So - but people are a little bit taking a wait-and-see attitude to their recruitment plan. So unlike 2018, right after Chinese New Year, people are rushing to hire people. I think, this year, I think people are taking a slower approach to their recruitment plans.",
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      "text": "... But in general, hiring is getting more and more difficult as the demographics in China is shifting to a more - a less supply of labor versus the economic growth of the economy.",
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      "text": "Rick Yan [JOBS' CEO]\nYeah, I think I will say that, as we said in our comments, I think the market is - we're seeing a slower growth, but we're still seeing demand. We haven't heard a lot of employers saying that they're not recruiting or laying off staff now.",
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      "text": "More recently in Q3 2019 conference call, 51jobs, Inc. once again pointed out the difficulties of the job market:",
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      "text": "\"Market conditions have been very challenging this year as ongoing economic concerns and U.S.-China trade tensions have significantly influenced the spending and recruitment plans of employers.\"",
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      "text": "\"...In general, we feel that the market has shifted to a wait-and-see mentality as employers are anxiously searching for any clarity or direction as to where things are heading. Many are also dragging out and lengthening the recruitment process which has hindered the velocity of natural turnover in the jobs marketplace.\"",
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      "text": "\"We observed a lackluster post-Chinese New Year recruitment season, which saw a considerable swing in the supply and demand pendulum as the number of active applicants materially outpaced the increase in new job vacancies. While our platforms saw record levels of resume submissions by job seekers, employers exhibited a lot of hesitancy and were slower to post new positions.\"",
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