News & Reports
The Global Job Openings to Job-Seekers Ratio in Nov 2014: 1.39
The number of job-seekers rises by 30% in the "Wholesale/Retail" and "Construction, Real Estate & Rental" industries.
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 November 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 "Medical/Pharmaceuticals/Bio/Materials/Food" occupation type had the highest ratio at 5.60 after raising by 1.47 points over the previous month. This was followed by "Machinery (Automotive/Plants/Precision Equipment)" at 5.00 after increasing by 2.48 points over the previous month. "General Affairs/HR/Legal" came in third with a ratio of 4.24. The categories of "IT" and "Finance/Accounting" have had no real fluctuations since June 2014 and their ratios have averaged around 2.5. However, the occupation types of "Electronics (Appliances/Semi-conductors)", "Machinery (Automotive/Plants/Precision Equipment)" and "Architecture/Public Works/Installation/Real Estate" have recently seen large fluctuations in their ratio.
◆Global Job Openings to Job-Seekers Ratio by Industry
This month's highest ratio by industry was "Manufacturing" at 2.38, a rise of 0.16 over the previous month. This was followed by "Agriculture/Mining" at 2.15 after rising by 0.74 points, and "Finance/Insurance" at 1.94 after rising by 0.69 points.
The industires of "Manufacturing" and "Agriculture/Mining" maintained a high ratio from the previous month. Although the number of job openings for the "Finance/Insurance" industry decreased, a high ratio was maintained due to a sharp decline in the number of job-seekers with relevant experience (particularly relating to banking/securities which dropped by over 50%).
While 10 industries saw an increase in their ratio during November, the number of job-seekers for the "Wholesale/Retail" and "Construction, Real Estate & Rental" industries rose by 30%.