News & Reports
The Global Job Openings to Job-Seekers Ratio in August 2014: 1.68
The「Finance/Banking/Securities/Insurance」occupation category reaches its highest ratio since November 2013.
The operators of bilingual job board Daijob.com, Daijob Global Recruiting Co.,Ltd, have created a summary of the Job Openings to Job-Seekers Ratio for the end of August 2014. The Global Job Openings to Job-Seekers Ratio is a calculation of the supply-demand balance between job openings which require business conversation level in at least 2 languages and the number of job-seekers who are equipped with that ability (No. of Job Openings / No. of Job Seekers). A high ratio indicates that there is a high number of jobs available for a low number of job-seekers.
◆Global Job Openings to Job-Seekers Ratio by Occupation
The highest ratio was seen to be "General/HR/Legal"at 5.63. This was followed by "Marketing/PR" at 4.81 and " Finance/Banking/Securities/Insurance" at 4.45. "General/HR/Legal" has had one of the highest ratios for 3 months while "Marketing/PR" has had one of the highest ratios for 4 months. The TOP 3 have all also had an increasing ratio for the past 4 months. The「Finance/Banking/Securities/Insurance」occupation category has also reached its highest ratio since November 2013. The reason for this is that while the number of jobs has reduced by 2-4% for the occupation category, the number of job-seekers with the appropriate skills and experience has dropped by 28-42%.
◆Global Job Openings to Job-Seekers Ratio by Industry
The highest ratio by industry for August 2014 was seen to be"Agriculture/Mining" at 3.08. This was followed by the "Finance/Insurance" industry at 2.85 and the "Manufacturing" industry at 2.47. The TOP 3 categories remain the same as the previous month and all exceeded their previous month ratios. The number of job-seekers for the "Finance/Insurance" and "Manufacturing" industries dropped by 21%, while the number of job-seekers for the "Agriculture/Mining" industry dropped by 15%. Any industry with a lower ratio than the previous month or not exceeding 1.0 has had a small increase in the number of job-seekers with the appropriate skills and experience. However, any industry with a higher ratio than the previous month has seen a larger decrease in the number of job-seekers with the appropriate skills and experience meaning that the global job openings to job-seekers ratio by industry has continued its upward trend into August.