News & Reports
The Global Job Openings to Job-Seekers Ratio in Dec 2014: 1.13
The difference between occupations with the highest and lowest ratio continues to widen, "General Affairs/HR/Legal" has the highest ratio in history.
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 December 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 "General Affairs/Legal/HR" occupation type had the highest ratio at 7.07, 2.83 points higher than the previous month. This was followed by "Finance/Accounting" at 5.07, an rise of 2.0 points over last month and "Electronics (Appliances/Semi-conductors)" at 3.57, a rise of 1.75 over the previous month.
"General Affairs/Legal/HR" has been in the TOP 3 for 7 months in a row and in December set a record for the highest ratio we have ever recorded, indicating an urgent need for people with skills and experience in hiring. The high ratio of the "Finance/Accounting" category also shows the lack of people with skills and experience in accounting. The difference between the TOP 3 occupation types was also surprisingly wide.
◆Global Job Openings to Job-Seekers Ratio by Industry
This month's highest ratio by industry was seen to be "Wholesale/Retail" at 1.93, a rise of 1.21 over the previous month. This was followed by "Manufacturing" at 1.85, which fell by 0.53 over the last month, and "Finance/Insurance" at 1.59, a decrease over last month by 0.35.
The industry type "Manufacturing" has been in the TOP 3 industries since June 2014. The need for people with skills/experience in the manufacturing of cars and other transportation has been consistently high.
9 of the 12 industries we covered had a lower ratio than the previous month, and the TOP 3 industries have all had a ratio below 2.00 since August of 2014.