News & Report
Seller’s Market Continues with Job Search Activity in Anticipation of New Fiscal Year
***The February 2018 Global Job-Opening-to-Application Ratio is 1.50***
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 February 2018.
※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 February 2018 global job-opening-to-application ratio was 1.50, a 0.06 point drop from the previous month due to an increase in job search activity as more applicants start to explore career change options.
Global Job Openings to Job-Seekers Ratio by Industry
▼Top 3 Job Industries
・Manufacturing：3.69 (+1.06 from Jan 2018)
・Finance, Insurance：3.00 (-0.14 from Jan 2018)
・Agriculture, Forestry, Fisheries, Mining：2.77 (-4.56 from Jan 2018)
Looking at the global job-opening-to-application ratio by industry, the top-three industries in February were Manufacturing; Finance, Insurance; and Agriculture, Forestry, Fisheries, Mining. In Manufacturing, despite an increase in recruitment for machine manufacturers, industrial equipment, heavy electric equipment, and equipment manufacturers, the number of applicants has decreased 78% from that of the previous month, so the global job-opening-to-application ratio has increased.
The number of job openings increased in seven industries: Manufacturing; Wholesale, Retail; Accommodation and Food Services; Construction, Real Estate, Goods Rental and Leasing; Electric Utilities, Gas, Heating, Water Supply; Transportation and Postal; Academic Research, Professional and Technical Services, Education, Learning Support.
◆Global Job-Opening-to-Application Ratio by Job Category
▼Top 3 Job Categories
・Electronics (Appliance/Semiconductor):9.38 (+4.59 from Jan 2018)
・Finance / Accounting：8.54 (+2.01 from Jan 2018)
・General Affairs/Human Resources/Legal Affairs 5.82 (+1.09 from Jan 2018)
Looking at the global job-opening-to-application ratio by job category, the top three are Electronics (Appliance/Semiconductor), Finance / Accounting, and General Affairs/Human Resources/Legal Affairs. Additionally, in the Administrative job category, the number of job openings has increased 60.3% from that of the previous month while the number of job seekers increased 55.6% from that of the previous month, making it a particularly active job category.
The number of job openings has remained the same or increased in 17 out of 22 job categories, excluding the following categories: IT Technical Systems; Medical/Pharmaceutical/Bio/Material/Food; General Affairs/Human Resources/Legal Affairs; Consulting; Creative (Advertising/Publishing/Broadcast/Video/etc).