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Job Vacancy
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Introduction 

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KEY INSIGHTS

1. Job vacancy statistics measure unmet demand for manpower.​

2. Data on job vacancy offer insights on the changes in manpower demand, helping job seekers and employers make more informed decisions.​

We can look at these job vacancy indicators:

Job vacancy number and rate capture information on unfilled posts for which employers are actively recruiting employees from outside the establishments. These can be new positions created due to business expansions or existing positions that have become vacant arising from staff turnover. The j​ob vacancy rate tells us the percentage of manpower demand that is unfilled, i.e. the number of job vacancies divided by the total demand for manpower (or the sum of employees and job vacancies).

Job vacancy to unemployed ratio relates the job openings to job seekers available. It is obtained by taking the ratio of job vacancies to the number of unemployed persons.
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