Job Increase Indicates Further Signs of Employer Confidence

Job advertisements placed in Q3 2010 increased by 72.3% compared with Q3 2009 in key Asian countries, demonstrating a continuing uplift in levels of advertising and further signs of employer confidence, finds the Robert Walters Q3 2010 Asia Job Index.


The Robert Walters Asia Job Index tracks advertisement volumes for professional positions across the leading job boards and newspapers in Hong Kong, Singapore, mainland China and Japan.


Job advertisements in Q3 across the region were up 12.7% during the quarter compared with Q2.


Compared to Q3 2009, Japan and China have seen the largest increase in job advertisements (+108.1% and +74.6% respectively).


Compared to Q2 2010, numbers of job advertisements in Q3 have increased in all regions: Japan is the highest, up 27.8%, mainland China increased by 12.5%, Singapore by 5.2% and Hong Kong up 3.8%.


According to the study, Japan saw particularly significant growth in financial services, IT and engineering.


The study also found that there has been a rise in advertisements for clerical and administrative staff across the regions, with personnel increasingly in demand to support professionals hired earlier in the year.


Meanwhile, high quality candidates remain in short supply and recruitment from overseas is becoming increasingly common.



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