Professional job opportunities up 5% across APA

There was a 5% year-on-year increase in financial services jobs vacancies in the Asia Pacific region, according to findings from the Q2 2014 Morgan McKinley Asia Pacific Employment Monitor.
Mon, 21 Jul 2014There was a 5% year-on-year increase in financial services jobs vacancies in the Asia Pacific region, according to findings from the Q2 2014 Morgan McKinley Asia Pacific Employment Monitor.

Global professional recruiter Morgan McKinley says in a statement that the region “has shown definite signs of improvement in recent months”. This is borne out by the Monitor recording a 7% increase in vacancies in the first two quarters – up from 12,660 vacancies in Q1 2014 to 13,576 in Q2 2014.

Nevertheless, the statement continues, the mood is still cautious, “with most organisations unwilling to commit to major increases in headcount”. Persuading jobseeking candidates to move can be challenging if they are well looked-after by their current employer.

This is reflected in a slight decrease in new candidates coming into the market compared to the last quarter – 34,487 in Q1, 33,033 jobseekers in Q2.

Morgan McKinley’s APAC Employment Monitor provides quarterly data on new professional job availability and on professional jobseeker availability in the financial services sector. Morgan McKinley operates in Australia, China, Hong Kong, Japan and Singapore.

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