Jobs available dropped 9% last quarter

Straits Times reported that hiring cools off in June as banks turn cautious. The number of jobs available in the three months to June have fallen nine per cent compared to the preceding quarter, according to a new jobs index.

The Robert Walters Asia Job Index, which tracks both newspaper and online job advertisements, found that 214,999 job advertisements were placed in the second quarter, against 236,423 three months ago, due to 'a more cautious approach to hiring by the major banks'.

The index was launched on Tuesday morning. Despite the slide, Robert Walters managing director for Singapore Mark Ellwood said that 'recruitment activity across the market remains steady, with a particularly strong demand for sales professionals'.

Source Straits Times.
Image Source PlaneBuzz.
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