noun
effective job openings-to-applicants ratio
Economic indicator used in Japan; a value above 1 means more openings than applicants. Often abbreviated as 有効求人倍率.
先月の有効求人倍率は1.2倍だった。
Last month's effective job openings-to-applicants ratio was 1.2.
有効求人倍率が高
Industries with a high effective job openings-to-applicants ratio face serious labor shortages.