VietnamWorks.com has released the Employment Indicator Q4, 2009. This quarterly report will be added nine industries to 59 to grasp and reflect recent changes on the labour market. Remarkably, there was a steep slump in VIP positions as the recruitment at Director level dropped 11.1 percent and vacancies for CEO level sank 50 percent.
Mr Chris Harvey, General Manager of VietnamWorks.com, said: “This adjustment not only allows us to track new trends on the labour market timely and comprehensively but also helps job seekers and employers access and search on the website more conveniently and efficiently.”
Labour gap: Considerable narrowing
Ending the last quarter of 2009, VietnamWorks.com continued to see an upward trend in online recruitment. The online labour demand index in the fourth quarter of 2009 reached 20.1 points, up 5.2 percent compared the third quarter. Meanwhile, the online labour supply index declined 21.1 percent from the previous quarter to just 49 points.
In 2009, the online labour demand index still kept the rising trend toward the end of the year. This is surely a result of positive economic recovery.
Together with the tendency to go down the supply of human resource online, thus shortening the distance was human, that signals optimism for job seekers as a growing number of career opportunities for them. This trend coupled with the downward of the online labour supply index, thus shortening the labour gap, which eased the pressure on candidates in their job search
Labour supply-demand
According to the data from VietnamWorks.com, in the fourth quarter of2009, sales, accounting/financial, administrative/clerical, IT - software and marketing recruited most labourers. This is one of basic functions for all companies and always needs capable staffs. Sales category has the highest online labour demand index, hitting 1.8 points, while the fifth-place marketing was 0.9 points.
As regards online labour supply, accounting/finance, administrative/clerical, human resources, sales and customer service had most candidates. Notably, in the fourth quarter of 2009, sales, accounting/finance and administrative/clerical were in the Top 5 lists in both demand and supply sides. All three had greater supply than demand in the last quarter of 2009.
Top 5 industries
In the fourth quarter of 2009, banking, construction, chemical/biochemical, telecommunications, and advertising/promotion/PR industries had highest demand for labour. The banking industry topped on the list while the telecommunications industry and advertising/promotion/PR industry had the same indicator for human resources online. The list reflected the recovery of labour market thanks to the economy.
Respecting labour supply, banking, construction, aviation/travel/hotel, advertising/promotion/PR and education/training had most candidates.
Advertising/promotion/PR industry and education/training industry shared the same position on the list. Banking, construction, and advertising/promotion/PR were present on both Top 5 industry lists. The banking sector had the highest demand for labour but it had the best labour gap. Construction industry had the shortest gap, followed by advertising/promotions/PR industry.
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In the fourth quarter of 2009, Hanoi had largest number of career opportunities, followed by Ho Chi Minh City, Binh Duong, Da Nang and Dong Nai. Compared with the third quarter, job opportunities in Hanoi and Ho Chi Minh City climbed 6.2 percent and 6.8 percent in the fourth quarter, respectively. Da Nang had the highest growth rate in terms of employment opportunities, rising 56.5 percent, followed by Dong Nai 36.3 percent, but Binh Duong saw a decline of 1.8 percent from the third quarter.
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H.Y
Vietnamese
