News & Report
July 2018 Global Job-Opening-to-Application ratio is 1.77, down 0.22 points from the previous monthh
***July 2018 Global Job-Opening-to-Application ratio is 1.77***
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 July 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 July 2018 global job-opening-to-application ratio was 1.77, a 0.22 point drop from the previous month. However, this is a 0.21 point rise from the July 2017 rate of 1.56, which indicates a favorable market for job seekers compared to the previous year. Since October 2017, for ten consecutive months the global job-opening-to-application ratio has surpassed the ratio from the same month of the previous year, indicating that a seller’s market continues.
Global Job Openings to Job-Seekers Ratio by Industry
▼Top 3 Job Industries
・Manufacturing：5.23 (+0.41 from June 2018)
・Electric Utilities, Gas, Heating, Water Supply：3.67 (-5.33 from June 2018)
・Agriculture, Forestry, Fisheries, and Mining：3.17 (-0.29 from June 2018)
Looking at the job-opening-to-application ratio by industry, the top-three industries for July 2018 were Manufacturing; Electric Utilities, Gas, Heating, Water Supply; and Agriculture, Forestry, Fisheries, and Mining.
The number of job openings has increased from the previous month in the following four industries: Manufacturing; Electric Utilities, Gas, Heating, Water Supply; Medical and Social Welfare; and Academic Research, Professional and Technical Services, Education, Learning Support.
Additionally, the number of job seekers has increased from the previous month in the following seven industries: Manufacturing; Finance, Insurance; Electric Utilities, Gas, Heating, Water Supply; Wholesale, Retail; Telecommunications; Medical and Social Welfare; Agriculture and Forestry, Fisheries, and Mining.
◆Global Job-Opening-to-Application Ratio by Job Category
▼Top 3 Job Categories
・Medical/Pharmaceutical/Bio/Material/Food：15.00 (+9.25 from June 2018)
・Electronics (Appliance/Semiconductor)：8.67 (-10.67 from June 2018
・Creative (Internet Related)：6.50 (+0.50 from June 2018)
Looking at the global job-opening-to-application by job category, the top-three categories were Medical/Pharmaceutical/Bio/Material/Food; Electronics (Appliance/Semiconductor); and Creative (Internet Related).
The number of job openings rose from the previous month in the following six job categories: Electronics (Appliance/Semiconductor); Medical/Pharmaceutical/Bio/Material/Food; Administrative; Marketing/PR; Creative (Internet related); and Government/Non-profit/Other.
Additionally, the number of job seekers rose from the previous month in the following nine categories: Executive/Management; IT Technical Systems; Electronics (Appliance/Semiconductor); Automotive/Plant Engineering/Precision Equipment; Marketing/PR; Hotel / Leisure / Dining Services /Tourism; Finance/Banking/Securities/Insurance; Creative (Advertisement / Publication / Broadcast / Video / Other); and Government / Non-profit / Other.