Q4 demand for labor exceeds supply

The demand for labor in the market during the fourth quarter of 2014 exceeded supply, according to the Ministry of Human Resources and Social Security.

The ministry released its report earlier this week on the employment situation in the country's 105 cities.

Labor demand exceeded supply with 4,940,000 vacant positions being available through various employment bodies during the fourth quarter of 2014, 10.4 percent lower than the third quarter. There were 4.3 million job seekers, 13 percent lower than the previous quarter.