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Recruitment company Randstad announced the results of its Q4/2019 Workmonitor survey which targets global workforce in 34 countries.

The main survey results are as follows.

Only 26.2% foresee an upturn in the economy

In Japan, 26.2% of Japanese workers responded that their domestic economy would improve in 2020, the lowest among 34 countries. The second result from the bottom, Spain placed 14.3 percent higher, which highlighted the extreme pessimism of Japanese workers in the economy next year.

Although there have been concerns about the deterioration of economic conditions after the Olympic and Paralympic Games, it is probable that workers began to feel that corporate earnings had been sluggish due to the fact that special demand for the Olympic Games had been paralleled, particularly by capital investment.

Gloomy employment prospects

There is an increasing sense of crisis toward unemployment in Japan due to low expectations for economic improvement.

Regarding the possibility of unemployment, the responses of Japanese workers increased from the same period of the previous year, both “high” and “none of them” as a result of concerns about the domestic economy next year.

In particular, the number of respondents who responded “high” was three times higher than last year, and was the highest in the last three years.

More people consider career change

With regard to job changes, both “we are actively looking for other jobs” and “we are not active but looking for new jobs” showed an increasing trend from the same period last year.

In particular, the company has recorded the highest figures in the past three years for “looking for, but not actively,” and it can be inferred from the company’s future performance and economic conditions that there are a certain number of people in Japan who gather information so that they can move at any time.

Survey details

Subjects: Workers aged 18-65 who work 24 hours a week or longer (excluding self-employed workers)

Survey period: October 22 – November 6, 2019

Study countries: Argentina, Australia, Australia, Belgium, Brazil, Brazil, Canada, Chile, Chile, Czech, Denmark, France, Germany, Germany, Hong Kong Special Administrative Region, Hungary, India, Italy, Japan, Luxembourg, Malaysia, Mexico, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Spain, Sweden, Switzerland, Netherlands, Turkey, UK, and America.

Original Text: https://ampmedia.jp/2019/12/25/randstad/