JECI poll, June 2008

June was not a particularly good month for countries in the South and South-East Asian regions as the spiralling price of fuel began to impact on the cost of living of the people.

Nevertheless, the impending rise in inflation does not seem to have adversely affected the job market yet.

In the four countries where JobStreet.com has been running our monthly Employment Confidence Index (JECI), we noticed that the indices are still relatively holding stable.

In Singapore, their JECI held at 54.0 points, only a 0.1 point down from the previous month.

In the Philippines, their JECI was also relatively stable, ending the month at 56.4, down by 0.3 points.

In Malaysia, their JECI also dropped by 0.3 points to 48.9 in June. Their JECI has been in a slow decline since March when the index touched a year-high of 51.8

In India, their JECI has also been slowly declining since January. For June, the index had settled at 67.8.

The JobStreet.com Employment Confident Index is a measurement of job seeker confidence in finding a job in the countries where we hold our monthly polls.