Global Employment and Labour
Currently, the global employment situation is quite dire. According to the International Labour Organisation, as of 2019, there were nearly 192 million people unemployed worldwide. This number has only been increasing in recent years, due to factors such as automation and the global pandemic. In 2020, the unemployment rate reached a record high of 10.2%, with over 344 million people out of work. With businesses struggling and economies shrinking, it’s more important than ever for job seekers to find ways to stand out from the competition.
However, there are still some companies that are doing well. More at below.
Employment in Asia and available solutions
No matter how great the economy is, people need jobs to support themselves and their families. The employment situation in Japan has been relatively stable in recent years, but there are still some areas of concern. The unemployment rate rose to 2.97% in February 2020, its highest level since June 2015. About 60% of Japanese workers are employed full-time, while 40% are part-time or contract workers. The average monthly salary in Japan was $2,800 in 2017. This is up 1.1% from the previous year. These facts show that the employment situation in Japan is generally good, but there is still a need for some improvement.
One major improvement that can be possible is streamlining the recruiting process. The current system, in which companies post job openings and candidates submit resumes, is time-consuming and inefficient. It can take months to fill a single position. This is not only a waste of time, but it also means that the company may not get the best possible candidate for the job.
A better way to find qualified candidates is to use a recruitment agency. Recruitment agencies are companies that specialize in finding employees for businesses. However, the downside of using a recruitment agency is that it can be expensive. The agency will charge a fee for its services.
Here come the services like EmlploymentJapan.com as a solution which costs effective as well as helpful in order to reduce the turnaround time for the hiring process for English speaking talent for Japanese companies and Japanese speaking bilingual candidates globally.
EmlploymentJapan.com is an online recruitment platform that helps businesses find qualified candidates quickly and efficiently. The site matches businesses with potential employees based on their skills and experience. It also provides a database of candidates, so businesses can search for specific skills and experience.
Changing the landscape of recruiting process And the Next 10 Years of Employment trajectory
In the next ten years, the employment situation in Japan is expected to continue to be relatively stable. The number of people employed is expected to remain steady, and the unemployment rate is expected to remain low. However, there may be some regional variation in these trends. For example, the Tokyo area is likely to continue to have a higher employment rate than other parts of the country.
Additionally, the ageing population will likely result in a decrease in the labour force participation rate. This may lead to slightly higher unemployment rates in some areas as employers struggle to find workers. Nevertheless, overall, the employment situation in Japan is expected to remain relatively strong in the next ten years.