Confidence in the job
market in this region continues to improve.
- In Malaysia, the JobStreet ECI edged higher for the fourth consecutive month by improving 0.7 point to end June at 48.5 points. This is the highest so far since reaching a low point in February this year.
- There was also cheer In Singapore as the JobStreet ECI registered 43.5 points at the end of June, a level not attained since the global recession hit the country in the last quarter of 2008.
- Confidence is also returning to the Indian job market with their JobStreet ECI at 57.9 points in June, which is a rise of 1.3 points over the previous month.
- The Indonesian JobStreet ECI also showed a slight 0.2 point improvement to 51.0 points while in the Philippines, their JobStreet ECI level was relatively unchanged at 57.1 points.
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