News & Report
Widening gap between job seekers and job openings. With an increase in global job openings, here are the top-three ratios by job category and industry.
**The June 2017 global job-opening-to-application ratio is 1.58***
Daijob Global Recruiting Co. Ltd (Head office: Minato-ku, Tokyo; President: Yuji Shinohara), a subsidiary of Human Holdings Co. Ltd, which operates the bilingual job search site Daijob.com, summarized the global job-opening-to-application ratio as of the end of June 2017.
※The global job-opening-to-application ratio expresses the supply-demand balance for job openings for bilingual job seekers (with at least two languages) with business level skills (job-opening-to-application ration= = job openings ÷ job seekers)
The global job-opening-to-application ratio increased 0.34 points in June 2017 to 1.58, the highest it’s been since December 2016. Job openings are 140% of that of the previous month, while job seekers are 110% of that of the previous month, keeping the shortage of talent substantial.
◆Global Job Openings to Job-Seekers Ratio by Occupation
Looking at the June global job-opening-to-application ratios by job category Electronics (Electric/Appliance/Semiconductor) had the highest ratio. While job openings have increased 250% of that of the previous month, job seekers have decreased 90% of that of the previous month, resulting in a 4.55 point rise from the previous month to 7.10. The category Medical/Pharmaceutical/Bioengineering/Materials/Food Technology saw a 5.33 point drop to 6.17. While job openings have decreased 80% of that of the previous month, the rate remains high because of a drop in job seekers, landing it in the top-three for the fifth consecutive month. With the next highest ratio, Marketing/PR had a 1.76 point rise to 4.71. While job seekers have decreased 75% of that of the previous month, the number of job openings has increased 120% of that of the previous month, landing it in the top-three for the first time in eight months. Although not in the top-three, job offers in IT (Business Application SE, WEB Application SE, Software Design, Server Design and Construction ) hit its highest rate since August 2013. Going forward, the demand for talent with “system design + language skills” is expected to rise.
◆Global Job Openings to Job-Seekers Ratio by Industry
Looking at the global job-opening-to-application ratios by industry, Health/Nursing had the highest ratio, a 4.43 point rise from the previous month, reaching 5.00, it’s highest since August 2013. Following that, Agriculture, Forestry, and Fisheries had a 1.39 point rise to 3.67. The number of job openings increased to 132% of that of the previous month, while the number of job seekers decreased to 81% of that of the previous month, keeping the industry in the top-three for the fourth consecutive month. Manufacturing had a 0.44 point rise from the previous month to 2.47. This high ratio is a result of the number of job openings having decreased to 96% of that of the previous month and the number of job seekers having decreased to 79% of that of the previous month.