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India – Infosys and Wipro report revenue growth in third quarter

13 January 2022

Infosys, the Bengaluru, India-based global IT services giant, reported revenue rose 21.5% in constant currency in its fiscal third quarter ended 31 December. Growth was broad-based in the seasonally weak quarter amid digital transformation happening across industry verticals and regions. It also reported...


China – 51job buyer lowers offer on plan of merger

13 January 2022

China-based job board and HR resource services provider 51job Inc. announced that it has received a proposal to amend its going-private transaction.

On 21 June 2021, the group announced that it entered into a definitive agreement and plan of merger with Garnet Faith Limited to be taken private...


Asia Pacific – Nearly half of frontline workers feel pressure to adapt to new tech or fear losing their jobs

13 January 2022

Almost half, or 46% of frontline workers across the Asia Pacific region feel pressure to adapt to new tech or fear losing their jobs, according to a report from Microsoft Corp.

The report found that 55% say they've had to learn new tech on the fly, with no formal training or practice. In Asia, this number...


Japan – Hito Communications first quarter revenue down 17.7%, but profits post gain

12 January 2022

Japanese human resources provider Hito Communications (4433: JP) reported revenue for the first quarter ending 30 November 2021 of JPY 16.96 billion (USD 146.9 million), a fall of 17.7% compared to the same period last year.

(JPY millions) Q1 2022 Q1 2021 Change Q1 2022 (USD millions) ...


Japan – Media Five H1 revenue rises 17.8% as it returns to profit

12 January 2022

Media Five (3824: JP), a staffing firm in Japan that provides engineers to the IT industry, reported revenue today for the six months ended 30 November 2021 of JPY 867 million (USD 7.5 million), up 17.8% compared to last year.

(JPY millions)  H1 2021  H1 2020 Change H1 2021...


Australia – Job vacancies soar in November quarter amid easing of lockdowns

12 January 2022

Job vacancies in Australia increased by 56.1% in the three months to November, on a seasonally adjusted basis, when compared to the same period last year, according to data from the Australian Bureau of Statistics. Total job vacancies reached 396,100.

When compared to the previous quarter, job...


Malaysia – Unemployment rate improves by 0.5% in November 2021 with labour market expected to strengthen

12 January 2022

The unemployment rate in Malaysia dropped by 0.5% in November 2021 when compared to the same month of the previous year, according to the Department of Statistics Malaysia.

When compared to the previous month, the unemployment rate was flat.

The number of unemployed persons decreased by 9.2% when compared...


Japan – Like Co H1 revenue up 3.9% as profits surge

11 January 2022

Japanese staffing firm Like Co Ltd (2462: JP) reported revenue today for the first six months ended 30 November 2021 of JPY 27.15 billion (USD 235.3 million), up 3.9% when compared to the previous year. Gross profit, however, trended downwards (-2.9%).

(JPY millions) H1 2021 H1 2020 Change ...


Japan – Career Bank H1 revenue rises 32.6% as it turns a profit

11 January 2022

Japanese staffing firm Career Bank (4834: JP) reported revenue today for the first six months ended 30 November 2021 of JPY 3.50 billion (USD 30.3 million), an increase of 32.6% compared to last year. Operating profit improved from a loss in H1 2020 to a profit of JPY 101 million (USD 870,000) in H1...


Taiwan – Jobless rate falls slightly to 3.66% in November

11 January 2022

Taiwan’s unemployment rate declined by 0.09% in November 2021 to 3.66% when compared to the same period last year, according to the latest manpower survey results from Directorate General Budget, Accounting and Statistics.

When compared to the previous month, the unemployment rate declined by 0.17%....