Press Releases

In April, the JobStreet.com Employee Confidence Index (ECI) brought relief to some countries in the region. Except for Singapore, the JobStreet ECI for Malaysia, the Philippines and India moved northwards in line with encouraging news that the global recession could be slowing down.

• In Malaysia, the JobStreet ECI put on its best show for 2009, improving by 3.1 points to end the month at 46.9 points.
• In India, the confidence level rebounded to 56.5 points, going up by 1.4 points from the previous month. It's still below the level recorded in January, which was 58.6 points.
• In the Philippines, there was also some cheer with the JobStreet ECI going up by 0.8 points to 57.0 points.
• However in Singapore, the rise in the confidence level registered in March could not be sustained and the JobStreet ECI dropped by two points to 38.8 points.

We would also like to mention the formal introduction of the JobStreet ECI for Indonesia. The index had a soft launch 15 months ago in January 2008 and is now a permanent feature on the JobStreet.com Indonesian website. JobStreet.com members from Indonesia are encouraged to visit the JobStreet ECI webpage to cast their votes and make their opinions known. In April, the index settled at 51.5 points.

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