News & Report
May 2018 Global Job-Opening-to-Application Ratio Soars to 1.85, increasing 0.26 points from the previous month
***The May 2018 Global Job-Opening-to-Application Ratio is 1.85***
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 May 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 May 2018 global job-opening-to-application ratio rose 0.26 points from the previous month to 1.85. This is 0.61 points higher than the rate for the same month of the previous year, which means the job market is quite favorable compared to the same month of the previous year. This is the eighth consecutive month since October in which the rate is higher than that of the same month of the previous year, indicating an ongoing seller’s market.
Global Job Openings to Job-Seekers Ratio by Industry
▼Top 3 Job Industries
・Manufacturing：4.54 (+0.80 from April 2018)
・Agriculture, Forestry, Fisheries, Mining：4.17 (+2.34 from April 2018)
・Telecommunications：3.91 (+1.57 from April 2018)
Looking at the global job-opening-to-application ratio by industry, the top three industries in May were Manufacturing; Agriculture, Forestry, Fisheries, Mining; and Telecommunications.
The number of job offers has increased from the previous month in the following seven industries: Wholesale, Retail; Accommodation and Food Services; Finance, Insurance; Transportation and Postal; Telecommunications; Service; and Agriculture, Forestry, Fisheries, Mining.
Additionally, the number of job seekers has increased from the previous month in the following three industries: Wholesale, Retail; Construction, Real Estate, Goods Rental and Leasing; and Medical and Social Welfare.
◆Global Job-Opening-to-Application Ratio by Job Category
▼Top 3 Job Categories
・Medical/Pharmaceutical/Bio/Material/Food：18.00 (-6.67 from April 2018)
・Electronics (Appliance/Semiconductor)：16.33 (+9.33 from April 2018)
・General Affairs/Human Resources/Legal Affairs：5.50 (+1.04 from April 2018)
Looking at the global job-opening-to-application ratio by job category, the top three job categories in May were Medical/Pharmaceutical/Bio/Material/Food; Electronics (Appliance/Semiconductor); and General Affairs/Human Resources/Legal Affairs.
The number of job offers has increased from the previous month in the following ten job categories: IT Technical Systems; Finance/Accounting; General Affairs/Human Resources/Legal Affairs; Customer Service; Sales; Consulting; Hotel/Leisure/Dining Services/Tourism; Finance/Bank/Securities/Insurance; Creative (Internet related); and Creative (Advertisement/Publication/Broadcast/Video/Other).