Australia – LiveHire H1 revenue up 18%, but losses widen, announces acquisition of US-based Arrived Workforce Connections

LiveHire (LVH:ASX), an Australia-based direct-sourcing platform provider, reported revenue today of AUD 4.4 million (USD 2.9 million) for the half year ended 31 December 2022, an increase of 18% over the prior corresponding period.

The company also announced that it has signed a Binding Term Sheet on...

Australia – Job ads down 8.1% in January, but monthly figures show reversal of 7-month downward trend

Job ads in Australia were down by 8.1% in January when compared to the same month last year, according to Seek’s latest employment report.

However, on a monthly basis, job ads recovered from a 7-month downward trend, rising for the first time to 2.8% in January.

Job ads were 26.3% higher than January...

China – Majority of businesses plan to hire temp and permanent employees after challenging year for recruitment

The majority, or 77%, of businesses in Mainland China plan to hire new permanent or contract employees in the first half of the year, according to new research from Morgan McKinley.

The research showed that 41% of employers think they will lose staff in the next six months as they seek to earn more by...

Australia – Wages and salaries up by 11.6% in fourth quarter 2022

Australian wages and salaries in the private sector jumped up by 11.6% in the December quarter of 2022 when compared to 2021. This compared to company gross operating profit which stood at 16.0%, according to seasonally adjusted data from the Australian Bureau of Statistics.

The Bureau yesterday published...

Australia – Airtasker H1 revenue growth boosted by Oneflare acquisition, but losses widen

Australia-based B2C talent platform Airtasker reported revenue increased by 56.9% to AUD 21.8 million (USD 14.7 million) for the six months period ended 31 December 2022.

The group’s result reflected the rebound in the Airtasker marketplace in Australia post-Covid-19, organic growth and the contribution...

Australia – Ignite H1 revenue falls 6.2% as Specialist Recruitment business reports decline

Australian recruitment firm Ignite (IGN:ASX) reported revenue decreased by 6.2% in the six months ended 31 December 2022 to AUD 55.7 million (USD 37.45 million).

The decrease in revenue was due to a continued focus in the Specialist Recruitment segment on higher margin placements, rather than on high...

Australia – AD1 Holdings H1 revenue climbs 15%

AD1 Holdings (AD1:AU) announced today its half-year report for the six months ended 31 December 2022. Operating revenue stood at AUD 3.5 million (USD 2.35 million), up 15.2% over the prior corresponding period.

The company operates a number of SaaS work/business-related platforms such as Apply Direct...

Australia – Go2 People reports 19.7% increase in H1 revenue but loss of contracts hit profits

The Go2 People Ltd. (GO2:ASX), the Australia-based provider of vertically integrated recruitment and training services, reported revenue totalled AUD 43.02 million (USD 28.22 million) for the six months ended 31 December 2022, up 19.7% over the prior year period.

Revenue growth was achieved despite...

Japan – Employers braced for talent exodus as professionals seek more money by moving jobs

Almost half, or 48% of employers in Japan believe that they will lose staff in the next six months as they seek to earn more by moving jobs, according to new research from Morgan McKinley.

The research also found that 57% of employees in Japan are looking to move jobs in the first half of the year, with...

Singapore – HRnetGroup H2 revenue down 5.7%, professional recruitment and flexible staffing businesses report declines

Singapore-based recruitment firm, HRnetGroup (HRNET:SP), reported revenue yesterday after markets closed for the six month period ended 31 December 2022 of SGD 297.6 million (USD 221.5 million), a fall of 5.7% compared to the same period in the previous year.