The job search site JobsDB presents trends in the 2022 job market. JobsDB also presents the ten emerging industries and the skills workers will need to strengthen to meet the demands of the post-pandemic job market.
An in-depth study based on job openings and job seeker data revealed that the overall economy is still slow but keep moving. In essence, the unemployment rate has dropped to 2%, while job openings have increased by 30%, keeping pace with the number of people vaccinated. Many of the entrepreneurs are watching the economic situation closely. In 2021, the industries with the highest number of job offers were:
1) IT/IT (11.3%), 2) retail and general tradec (10.8%), and 3) banking and finance (8.4%). The jobs with the most hires were 1) Sales, Customer Service and Business Development (14.3%), 2) Marketing, Public Relations (11.7%), and 3) Administration and Human Resources (10.9%).
Sectors that quickly returned to pre-pandemic levels of activity were Chemicals, Plastics, Paper and Petrochemicals, Information Technology, Manufacturing, and Medical and Pharmaceutical. While the job market is gradually adapting to the current economic situation, JobsDB remains true to its ambition to be the best job search website. JobsDB recently launched the UpLevel campaign, an information platform that provides all job seekers with information on potential available jobs via well-researched online content ranging from basic digital skills to advanced skills. The UpLevel campaign aims to help job seekers learn and develop additional skills in order to develop their potential as a future quality workforce of the digital age.
So through the UpLevel campaign, JobsDB is strengthening its position as Asia’s leading job portal, offering 30 online courses covering basic and advanced digital skills, soft skills for the new generation of workers, resume writing techniques and how to stand out in an interview. All courses are created in collaboration with subject matter experts from Microsoft, The Hunters Page,
The Managing Director of Jobs DB Recruitment (Thailand), Duangporn Promond, said, “According to JobsDB’s database and the job market outlook survey, four companies have recovered quickly after the COVID-19 situation. The sharp increase in plastic use from food delivery during the outbreak benefited the chemical, plastics, paper and petrochemical sectors. Changes in consumer behavior and government support for the adoption of computer hardware stimulated growth in the computer sector. After the control measures for the epidemic began to ease, the manufacturing industry’s output index increased. During the two years of the epidemic crisis, the health and medical industry was crucial. The rapid recovery of these industries has led to a rebound in demand for skilled workers.
The most in-demand job functions include:
1) Computer / IT 19.1
2) Sales, customer service and business development 19.0
3) Engineering 13.9
The functions with the most job openings are:
1) E-commerce 71.7
2) Transportation 43.8
3) Finance and banking 26.2%.
The COVID-19 situation has encouraged and stimulated business operations, commerce and online transactions. In addition, the pandemic has highlighted these functions as key players in enabling companies to fully adapt to the digital age.
JobsDB, in collaboration with Boston Consulting Group (BCG) and The Network, also conducted a global survey of more than 200,000 companies in 190 countries called “Decoding Digital Talent. This report examined the evolving needs of global digital talent and found that they are eager to advance their careers in the same field. The main reasons they want to change jobs are the need for career growth and the desire to earn a higher salary. In addition, the pandemic has made more digital workers aware of the convenience of remote work.
Today, nearly 70% of digital workers are willing to work remotely, even for a company that has no physical presence in their country. Digital talent would prefer to work respectively in order of preference for a company based in the US, then in the UK, Australia, and China and finally in Singapore.
Another interesting finding from the survey is that 42% of digital workers are concerned about increasing competition in the labor market and advanced technologies that could replace the workforce. They are increasingly concerned that automation, including improved algorithms, robotics or advanced software, will eventually replace them. As a result, most digital workers must constantly upgrade their skills to keep up with the ever-changing technology required for their jobs to ensure stable and sustainable employment.
