High Levels of Hiring within Korea's Commercial Industries - Robert Walters
Job advertisements in Korea remained stable from Q3 to Q4 increasing by 1% despite a 21% decrease in job advertisements from October to December. Job advertisements in retail and customer servicing rose 7% and 11% respectively as increasing numbers of companies sought to capitalise on sustained consumer confidence with new products and services. With the addition of anticipated international investment stemming from recently ratified trade agreements in the last year, recruitment activity in 2012 will potentially be more buoyant than in other global markets.
Other key findings:
- Total job advertisements across the region fell by 3% from Q3 to Q4 2011.
- +7% job advertisements in retail positions grew in conjunction with strong consumer demand.
- December in particular saw a decline in job advertisements in the run up to the festive period, with the number of jobs advertised decreasing by 10% from October to December.
- Many companies postponed hiring at the end of Q4 due to the early Lunar New Year.
- Job advertisements in retail and customer servicing rose 7% and 11% respectively as more companies introduced new products and services.
- Recruitment levels in IT services increased by 13% as strong sales of software and hardware services were driven by international companies looking to expand in Korea.
To download the full report, visit www.asiajobindex.com .
About the Asia Job Index
The Robert Walters Asia Job Index was launched with the view of creating a quarterly defacto barometer for the job market across the region by tracking the number of job advertisements in both print and online. Since its inception, the Index has grown in scope and now covers Japan, Korea, Singapore, China, Hong Kong and Malaysia. www.asiajobindex.com
About Robert Walters
Since our first office opened in London, England in 1985, Robert Walters has become one of the leading international recruitment consultancies operating across 23 countries in 47 offices worldwide. We use our distinct advantages of size, proven track record and unparalleled global network to provide permanent recruitment solutions across all industry sectors and levels of seniority. www.robertwalters.co.kr
Website: http://www.robertwalters.co.kr
Contact
Anthony Modrich, Korea Country Manager
+82 (0)2 6030 8810
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Ambrose Lau, PR Specialist
+81 (0)3 4570 1513
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This news is a press release provided by Robert Walters.