News & Report
Number of Job Openings Hits Record High Since 2012.
Global Job Openings to Job-Seekers Ratio of December Hits 1.59
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 December 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
By looking into the Global Job Openings to Job-Seekers Ratio by occupation, “Medical/Pharmaceuticals/Bio/Materials/Food” takes first place with an increase of 2.26 points and a ratio of 6.83. Next, “General Affairs/HR/Legal” increases by 1.57 points with a ratio of 5.18. Lastly, “Finance/Accounting” increases by 1.35 points with a ratio of 4.43. Regarding “Medical/Pharmaceuticals/Bio/Materials/Food” keeps its position in the TOP3 for 2 consecutive months. The reason behind it is the number of job openings increased to 128% and the number of job-seekers is 85%. On the other hand, the number of jobs for “General Affairs/HR/Legal” increased to 121% but the number of job-seekers declined to 83%. Lastly, for “Finance/Accounting”, the number of job openings decreased to 83% as well as the job-seekers, which has decreased to 58%, which results into the high ratio.
◆Global Job Openings to Job-Seekers Ratio by Industry
By looking into the Global Job Openings to Job-Seekers Ratio by Industry, “Telecommunications” takes first place with an increase of 2.25 points and with a ratio of 4.29. Next, “Manufacturing” with an increase of 0.53 points with a ratio of 2.92. Lastly, “Agriculture/Mining” has an increase of 1.83 points with a ratio of 2.70. For this month, “Telecommunications” joins the TOP 3 for 2 consecutive months and “Manufacturing” for 4 consecutive months. Also, for December, the number of job openings is 105% and with the number of job-seekers at 73%, results into 11 industries out of the 12 to have an increased ratio.
Since 2013, it has been a trend the past 4 years where December has the least amount of new user registrations of job seekers. For December of 2013 and 2014, the number of job seekers and job openings has decreased. However, for December of 2015 and 2016, the number of job seekers decrease, but the number of job openings has the tendency to increase. By comparing the data of December for the past 4 years, 2016 has the largest amount of job openings.
The ratio of 1.59 for the Global Job Openings to Job-Seekers is the highest of 2016. Through the data for this month, we can see that the job search activity slows down towards the end of the month, but the hiring process gets very active. It is possible to think that the balance of the job-seekers and the employers tend to breakdown in December.