Japan – Ratio of job openings for university and graduate jobseekers sees decline for first time in eight years (Jiji press)
The ratio of job openings to seekers for university and graduate school students graduating in March 2020 in Japan marked a fall for the first time in eight years, reports Jiji Press, citing data from Recruit Works Institute. The ratio slid 0.05 point from a year before to 1.83. The figure dropped because small companies, especially in the transport and construction industries, increased hiring of mid-career workers due to difficulty securing new graduates. Companies with less than 300 workers had 8.62 job openings per new graduate, down from 9.91 the previous year. The ratio fell to 1.22 from 1.43 at companies with 300 to 999 workers.