India – Unemployment rate rises to 8% in November, the highest In three months (The India Times)

India's unemployment rate for November has jumped to 8%, compared with October’s 7.7%, thus hitting the highest mark in three months, reports The India Times, citing data from the economic thinktank Centre for Monitoring Indian Economy (CMIE). The urban unemployment rate rose to 8.96% in November from...

China – Kanzhun’s third quarter revenue slips 2.7% as challenging market conditions weigh in

Kanzhun Limited (Nasdaq: BZ), whose core product is Chinese job board Boss Zhipin, yesterday reported its unaudited financial results for the third quarter ended 30 September 2022. Revenue fell 2.7% to RMB 1.17 billion (USD 166.3 million).

Revenue was down in both online recruitment services to enterprise...

Japan – Number of temporary agency workers steady in October, unemployment rate improves slightly

The number of Japan’s non-regular employees, which includes temporary workers, dispatch workers, contractors, part-time workers and others, totalled 21.16 million in October 2022, up 1.6% when compared to the same period a year ago, according to data from Statistics Japan.

The number of ‘dispatched...

India – Festive season hiring this year grows by 73% (The Economic Times)

Hiring activities in India saw 73% growth during the festive season (August-October) this year compared to the same period in 2021 driven by e-commerce and logistics, retail and BFSI (banking, financial services and insurance) sectors, reports The Economic Times citing research from Quess Corp. As many...

China – Government launches campaign to boost employment for college graduates (Xinhua)

China has launched a campaign to offer employment services to college graduates to help them land jobs, reports Xinhua, citing the Ministry of Human Resources and Social Security. The campaign, lasting from 28 November to 18 December, will organise a string of online and offline activities, including...

Philippines – House approves greater accountability for private employment agencies

The House of Representatives of the Philippines on Monday approved on third and final reading the measure seeking to impose greater responsibility and accountability on private employment agencies (PEAs) that hire and deploy domestic workers, according to the Philippine New Agency, the official government...

Asia Pacific – Jobs in Asia Pacific record modest recovery while future growth prospects remain challenging

Asia-Pacific’s labour markets have recorded a partial rebound from the impact of Covid-19 yet full recovery in the region remains elusive with conditions expected to remain difficult into 2023, according to a report from the International Labour Organisation.

The report found that employment numbers...

India – Quess Corp founder gives thoughts on the labour market (United News of India)

Quess Corp founder and Non-Executive Chairman Ajit Isaac said that India is reasonably decoupled from the rest of the world in terms of recessionary possibility and it will continue to see growth in a few years if current trends are an indication to go by.

In an interview with United News of India, Isaac...

Singapore – Most companies to raise wages between 2.1% to 4% (Jiji Press)

More than half of companies in Singapore will see employers raise salaries from 2.1% to 4% in 2023, reports Jiji Press, citing survey data from recruitment firm JAC Singapore. The survey was conducted from 17 October to 7 November. Responses from 143 companies were aggregated. The majority of responding...

China – Tongdao Liepin Group revenue slips 5.9% in Q3

Tongdao Liepin Group, previously known as Wise Talent Technology Services Co (6100:HKG), the operator of Chinese online recruitment platform Liepin.com, reported revenue Thursday of RMB 641.4 million (USD 89.1 million) for the three months ended 30 September 2022, a decrease of 5.9% when compared to...