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SEOUL, S.KOREA, Aug 25, 2011 - (ACN Newswire) - A stable and growing Korean economy led to job advertisement gains for a second straight quarter according to Robert Walters Korea, a leading international recruitment consultancy. Quarter two job advertisements, particularly for legal and IT roles, rose by 35% and 22% respectively as renewed foreign interest lead to an increase in outsourcing demands for these functions. Robert Walters' Asia Job Index also notes that while multinationals look to expand into this growing market, Korean firms are also looking to expand internationally which should boost job advertisements and market sentiment.
 | | Korea Stability Boosting Job Creation - Robert Walters |
Anthony Modrich, Country Manager of Robert Walters Korea, comments: "Job activity within Korea continued to benefit from Korea's positioning as a growth market and the recent signing of a Free Trade Agreement between the EU and Korea is indicative of this. The region holds attractive opportunities for international companies and Koreans working abroad are increasingly looking to return home to take advantage of new roles."
Other key findings indicate that:
- Significant year-on-year growth of 48% in job advertisements volumes across Asia
- Property management job advertisements in China rose by 46% despite government action to curb property inflation
- The earthquake and tsunami in Japan has unsurprisingly affected recruitment advertising levels, with job advertisements declining by 7.3% from Q1 to Q2. However, IT and construction services recruitment have seen positive trends
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 Korea, Japan, Singapore, China, Hong Kong and Malaysia. www.asiajobindex.com
Contact:
Ambrose Lau, PR Specialist
t: +81 (0)3 4570 1513
e: ambrose.lau@robertwalters.co.jp
Topic: Press release summary
Source: Robert Walters
Sectors: Daily Finance
http://www.acnnewswire.com
From the Asia Corporate News Network
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