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Kanzhun Q4 revenue climbs 46% with broad-based growth

12 March 2024

Chinese recruitment platform Kanzhun Limited, whose core product is job board Boss Zhipin, today reported revenue increased by 46.0% to RMB 1.58 billion (USD 220.1 million) in its unaudited financial results for the full year and fourth quarter ended 31 December 2023.         ...


Seek advertised salaries up 4.5% in January, beats inflation

12 March 2024

Advertised salaries grew by 4.5% in January 2024 when compared to the same period a year ago, according to the latest Seek Advertised Salary Index.

The Index showed salaries rose by 0.2% in January, the slowest month-on-month (m/m) growth since December 2021.

The 4.5% annual increase was down from the...


Employees across Asia seek workplace flexibility

12 March 2024

The majority of professionals across Japan, Singapore and Hong Kong have a strong preference for continuing in a hybrid or remote work model, according to research from Morgan McKinley.

The research showed that 89% of respondents in Singapore expressed a strong preference for continuing in a hybrid or...


NZ filled jobs up 2.9% in December with boost from healthcare

12 March 2024

Filled jobs across New Zealand rose by 2.9% in the December 2023 compared to December 2022, according to figures released by Statistics New Zealand.

Statistics NZ calculates filled jobs by averaging weekly jobs paid throughout the quarter, based on tax data.

The health care and social assistance industry...


Gakujo Q1 revenue up 32% as profits improve

11 March 2024

Japanese recruitment firm Gakujo Co. (2301: JP) reported revenue today for the first quarter ended 31 January 2024 of JPY 1.48 billion (USD 10.1 million), an increase of 32.1% compared with last year.

(JPY millions) Q1 2024 Q1 2023 Change Q1 2024 (USD millions)
Revenue 1,481 ...


Malaysia’s unemployment rate improves to 3.3% in January

11 March 2024

January’s unemployment rate for Malaysia stood at 3.3%, down 0.3% over the previous year and unchanged over the previous month, according to data from Statistics Malaysia.

In January 2024, the number of unemployed persons decreased further, with a marginal drop of 0.1% to 567,300 when compared to the...


Indian law agency busts jobs racket, probes recruitment firms

11 March 2024

India’s Central Bureau of Investigation (CBI) is probing recruitment firms and has busted major international human trafficking networks involved in sending Indian youth to the Russia-Ukraine war zone by luring them with lucrative job offers, reports The Times of India. The law enforcement agency is...


China warns pressure on employment yet to ease

11 March 2024

China still faces structural employment issues and overall pressure on jobs has not eased, Reuters reports, citing the country’s human resources minister. It comes as the slowing economy braces for another record number of college graduates in 2024. HR minister Wang Xiaoping said the country’s job...


Korean workers thought to ‘slack off’ for 80 mins of workday

11 March 2024

Human resource managers at major companies in South Korea believe their workers spend approximately 17% of their working hours, around 80 minutes, on other activities, reports The Korea Herald, citing a survey by the Korea Enterprises Federation. The survey showed that human resource managers of the...


Temp workers’ wages up across three major Japanese metros

8 March 2024

The average hourly wage in January 2024 for temporary workers across three Japanese major metropolitan areas (Kanto, Tokai and Kansai) stood at JPY 1,565 (USD 10.64), up JPY 13 (USD 0.09) from the previous year and no change from the previous month, according to data from Dip Corp. (2379:TYO), a staffing...