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Advertisements
placed in Q4 2010 increased by 57.4% compared with Q4 2009 –
indicative of the ongoing
confidence across the recruitment markets of the Asia region.
Japan in particular saw a large year on year
increase of 126.73%, with significant advertising growth in
the HR, legal and IT sectors.
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Activity within medical recruitment in Japan also increased
as a consequence of drug and clinical research
deregulation.
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Quarter on quarter, advertisements numbers across the region
increased by 3.1%.
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However in Hong Kong and Singapore, quarter on quarter advertisement
volumes were down 7% and 9%
respectively as a result of the impact of the festive period
and the traditional slowdown in recruitment activity, particularly
in banking and financial services, towards the end of the year.
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Only Japan saw an increase in job advertisements over the course
of the quarter, increasing 42.73% from
October to December.
The
Robert Walters Asia Job Index indicates that the total number
of advertisements for professional positions in Q4 2010 was up
3.10% on the previous quarter due primarily to significant growth
in Japan. Compared to the equivalent Q4 in 2009, overall numbers
of job advertisements have increased by 57.42% across the region.
Whilst the figures indicate maintained confidence in the market
recovery, Hong Kong, Singapore and China all saw a slowdown in
industry movement over the course of the quarter. This is quite
normal at this time of year as the Christmas period approaches,
headcount budgets are reached and candidates await bonus payments.
Confidence remains high however, as demand for HR, IT and legal
services continues and momentum is expected to return following
bonuses this year.
Get
more information on the Asia
Job Index.
Source : Robert Walters
