News & Report
Number of Job Seekers at 82% compared to last month. The number of job changes to slow down towards the end of the year and to rise again starting 2017.
Global Job Openings to Job-Seekers Ratio of November Hits 1.11
Daijob Global Recruiting Co., Ltd., a subsidiary of Human Holdings Co., Ltd. headed by Mr. Yuji Shinohara, has summarized the Job Openings to Job-Seekers Ratio of November 2016.
※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
Looking into the Global Job Openings to Job-Seekers Ratio by occupation, “Electronics (Appliances/Semi-conductors)” takes first place with an increase of 5.01 points and a ratio of 7.80. Next, “Medical/Pharmaceuticals/Bio/Materials/Food” increases with 2.87 points with a ratio of 4.57. Lastly, “Creative (Internet)” increases with 3.20 points with a ratio of 3.75.
Regarding “Electronics (Appliances/Semi-conductors)”, the number of job openings decreased to 73%. In addition, the number of job-seekers decreased to 26%, which results to the high ratio of 7.80
For“Medical/Pharmaceuticals/Bio/Materials/Food”, the number of job openings decreased to 94% and the number of job seekers decreasing to 35% is possibly the reason of the high ratio. For “Creative (Internet)”, the number of job openings increased to 250%, however the number of job seekers decreased to 36%. This results to having a high ratio and joining the Top 3 since July 2015. By analyzing the Top 3 occupations of November, the big decrease of job-seekers is the cause of the high ratio. In addition, it is also possible to think the number of new job-seekers decreasing to 82% could also have an influence.
Looking into the transition of the new job seekers from August of 2013, between October and December, the numbers tend to decrease. This year, if the same trend from 2013 continues, it is possible to say the job search activity for global professionals tends to be blunt towards the end of the year and rise again once the New Year starts.
◆Global Job Openings to Job-Seekers Ratio by Industry
Next, looking into the Global Job Openings to Job-Seekers Ratio by industry, “Manufacturing” takes first place with an increase of 0.25 points with a ratio of 2.39. Next, “Telecommunications” with an increase of 0.40 points with a ratio of 2.03 and “Finance/Insurance” with a decrease of 0.13 points with a ratio of 1.63.
“Manufacturing” and “Finance/Insurance” remains in the Top 3 for 3 consecutive months. In addition, “Telecommunications” can be considered as one of the industries with the most hiring needs for this year. The reason is for 7 months (excluding October) the ratio for “Telecommunications” is over 2.0.