Over 15% of firms plan to hire more graduates in 2024

A recent survey has shown that 15.5% of firms in Japan are planning to hire more university graduates in 2024 than this year, reflecting an increased willingness to hire amid a recovery from the coronavirus pandemic, reports Kyodo.

The survey found that only 3.6% of firms are considering cutting back on hiring students scheduled to graduate from universities and graduate schools in 2024, according to the Recruit Works Institute. The figures improved from the same survey conducted the previous year, in which 10.9% of firms said they would increase new graduate hires in 2023, with 3.9% responding to the contrary.

The results are attributable to an “improvement in business sentiment while labour shortages continue,” said Hiroyuki Motegi, a researcher at the institute. Domestic firms’ appetite for hiring new employees has been robust in all industry sectors, the report said. Among them, telecommunications topped the list at 21.7%, followed by restaurants and hotels at 20.1%.
Full report on The Japan Times site