News & Reports
The Global Job Openings to Job-Seekers Ratio in September 2014: 1.35
Trends of balance of supply and demand depending on occupation continue
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 September 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 "Machinery (Automotive/Plants/Precision Equipment)" occupation type had the highest ratio for September at 7.60. This was followed by "Logistics/Retail/Consumables/Fashion" at 3.63 and "Architecture/Public Works/Installation/Real Estate" and "General Affairs/HR/Legal" tied at 3.00. Although the number of job-seekers increased by 1.25 times across all occupations, the occupation category "Machinery (Automotive/Plants/Precision Equipment)" has had a decreasing number of job-seekers. On the contrary, the occupation categories of "Sales" and "Marketing/PR" have seen a continuing rise in the number of job-seekers.
◆Global Job Openings to Job-Seekers Ratio by Industry
Looking at the ratio by industry, "Manufacturing" has had the highest ratio for four months running at 2.41. This was followed by "Distribution/Retail" at 1.97 and "Agriculture/Mining" at 1.93. While the ratio has dropped for each of the TOP 3 industries, the balance of supply and demand has evened out during September compared to August which had a big difference in the ratios between industries.
Although the overall balance of supply and demand for jobs and people seems to be relatively even at 1.35, the difference between the industries with the highest and lowest ratios has been very large since April 2014 and we are discovering how trends differ by industry. It is thought that these trends will continue and we look forward to seeing how they change to gain further insight into the bilingual job market.