India – Tata Capital Growth Fund invests 10 million in HR tech platform ZingHR (VCCircle)

Tata Capital Growth Fund II, the flagship private equity fund of Tata Capital, has invested $10 million in ZingHR, an HR tech platform that provides end-to-end employee lifecycle management services, reports VCCircle. After the investment, Tata Capital will pick up around 33% equity stake in the company....

China – Renrui publishes trading update, number of flexible staffing employees rise over the year

Renrui Human Resources Technology (6919: HKG), a mainland China-based flexible staffing service provided a voluntary business update.

In the update, the group said it will continue to strengthen its position in the flexible staffing industry in China by providing ‘quality services to its clients’....

South Korea – Temporary workers up 2.7% in December, unemployment rate improves 0.6%

The number of temporary workers in South Korea rose by 2.7% year over year to nearly 4.47 million in December, according to data released by Statistics Korea.

When compared to the previous month, the number of temporary workers fell by 7.6% in November. The data is not seasonally adjusted.

Further labour...

China – Surveyed urban unemployment rate improves to 5.1% in 2021 (ECNS)

China's job market remained generally stable in 2021, with the surveyed urban unemployment rate standing at 5.1% , 0.5% lower than the same period in the previous year, reports English China News Service, citing data from the National Bureau of Statistics. A total of 12.69 million new urban jobs were...

Taiwan – Hundreds of migrant workers protest for freedom to change jobs (Focus Taiwan)

Hundreds of blue-collar migrant workers took to the streets of Taipei on Sunday, calling for the right to freely change employers in Taiwan if they wish to do so, reports Focus Taiwan. Holding placards, banners, and large fabric replicas of the country's Employment Service Act, the 400-plus migrant workers...

Japan – Outsourcing revenue and profits soar as it completes investigation over inappropriate accounting

Outsourcing Inc. (2427:TYO), a Tokyo-based global provider of staffing and outsourcing services, reported revenue increased by 57.0% in the first nine months of its fiscal year to 30 September 2021.

Japan – Dip Corp third quarter revenue rises 23.5%

Japanese staffing firm and job board Dip Corp. (2379: JP) reported revenue for the third quarter ended 30 November 2021 of JPY 10.44 billion (USD 91.7 million), up 23.5% over the year.

Japan – Pasona Group H1 revenue growth boosted by career solutions, profits rise

Japanese staffing firm Pasona Group (2168: JP), reported revenue for the six months ended 30 November 2021 of JPY 182.48 billion (USD 1.60 billion), up 10.7% compared with last year.

Japan – Careerlink revenue up 14.3% but operating profit slips

Revenue at Japan-based staffing firm Careerlink (6070: JP) rose by 14.3% year over year in the nine months ended 30 November 2021 to JPY 25.20 billion (USD 221.2 million).

Japan – S-Pool full year revenue shows 18.3% uptick while profits post gain

Japanese staffing firm S-Pool (2471: JP) reported revenue today for the full year ended 30 November 2021 of JPY 24.86 billion (USD 217.5 million), an increase of 18.3% compared with the same period last year.