In November 2024, Overall Stagnation, "Electronics & Machinery" Sector Shows 21.7% Increase in Activity

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Daijob.com has released the "Survey on Foreign Nationals' Perspectives on Jobs and Careers in Japan Vol. 2" targeting foreign nationals, following the October survey results. 68.6% of foreign nationals expressed a desire to build a long-term career in Japan, with equal interest in considering working in the United States and other countries besides Japan. Despite this interest, Japan's average annual salary of 41,509 dollars falls below the OECD average, signaling room for improvement in attracting foreign talent to the country.

The report indicates that job seekers are increasingly attracted to Japan due to its safety and security compared to other countries with unstable conditions. While Japan's salary levels are perceived to be lower than in other nations, the quality of life and safety factors make it an appealing destination for skilled foreign professionals.

Now, let's take a look at the "Trends in Global Talent in November 2024" and see what happened.

(※) This refers to trends among users registered on Daijob.com who can speak both English and Japanese at a business level, including those who have "submitted applications" or "shown interest in scout emails."

Key Findings

• Overall stagnation compared to the previous month, with only a 21.7% increase in the "Electronics & Machinery" sector

• Significant positive growth of 100% in the "Electronics & Machinery" sector compared to the same month last year

■ Month-on-Month Comparison: Overall Downturn, Only "Electronics & Machinery" Sector Shows 21.7% Increase in Activity

Apart from the "Electronics & Machinery" sector (+21.7%), all other sectors have experienced a downturn. Sectors like "IT-related" (-24.4%), "Sales" (-17.5%), and "Planning/Marketing/PR" (-16.0%) have landed with negative figures exceeding 15%.

Comparison of November  “Job Seekers”  Trends (2024, month-over-month)

■  Year-on-Year Comparison: Overall Uptrend, "Electronics & Machinery" Sector Records a Significant 100% Increase

For seven consecutive months since May 2024, there has been an overall uptrend. The "Electronics & Machinery" sector (+100%) has shown remarkable positive growth, with "Executive/Management" (+45.6%) and "Consulting" (+42.1%) maintaining substantial increases of over 20% since August. Additionally, "Creative" (+44.2%) has experienced significant growth, similar to the previous month.

Comparison of November “Job Seekers”  Trends (2024, Year-on-Year)

While September and October witnessed a surge in active job roles, this month has seen an overall downturn. November typically marks a period of reduced new job listings and decreased job seeker activity as the year-end approaches, leading to a quieter period.

However, there are still many job seekers looking to secure new career opportunities before the year-end. Anticipating year-end bonuses, there is an increased trend of individuals starting their job search activities. If you are seeking ways to differentiate your company and effectively appeal to job seekers during this period, do not hesitate to consult with our team for guidance.