White-collar job ads down 9% to 214,999 in second quarter

CUTBACKS in the financial sectors were largely behind a 9 per cent fall in the number of white-collar jobs on offer here in the last quarter.

There were 214,999 job advertisements placed for mid- and senior-level positions during the three months to June 30, down from 236,423 in the first quarter, according to the just-launched Robert Walters Asia Job Index.

The recruitment firm's index tracks print and online job ads for white-collar jobs placed each month.

Its Singapore managing director, Mr Mark Ellwood, said the 'slight drop' was due to the ongoing financial turmoil in the United States and the tendency for financial services firms to advertise for positions in the first quarter.

This is in anticipation of resignations following bonus payments.

Image / Article Source AsiaOne via Straits Times.
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