Philippines – Unemployment rate rises to 8.9% in September

The unemployment rate in the Philippines in September 2021 stood at 8.9%, up from 8.1% the previous month, according to data from the Philippine Statistics Authority. This unemployment rate was the highest since January 2021.

The unemployment rate in September 2021 was also higher than the rates in April...

Japan – Benext-Yumeshin Group reports revenue growth on back of merger

Japanese technical staffing firm BeNext-Yumeshin (2154: JP), reported revenue today of JPY 44.60 billion (USD 391.7 million) for the first quarter ended 30 September 2021, an increase of 151.4% compared with the previous year.

On January 2021, Benext announced it is merging with Yumeshin Holdings....

Japan – Fullcast revenue jumps 19.3% while profits show growth

Japan-based staffing firm Fullcast Holdings (4848: JP) reported revenue today of JPY 38.07 billion (USD 334.4 million) for the nine months ending 30 September 2021, a 19.3% increase compared to last year.

Japan – WDB Holdings reports revenue and profit growth in first half

WDB Holdings Co. Ltd (2475:TYO), a holding company that includes staffing firms, reported revenue rose 7.6% in the first six months ended 30 September 2021 to JPY 23.23 billion (USD 204.0 million).

Japan – Tsukui Staff H1 revenue slips 1.3% as it reports loss

Tsukui Staff Corporation (7045:TYO), a Japan-based provider of recruitment, temporary employment, education training and other services reported revenue today of JPY 3.90 billion (USD 34.2 million) for the six months ended 30 September 2021, down 1.3% over the same period last year.

Australia – Hiremii to acquire recruitment firm Inverse Group

Hiremii, an Australia-based staffing platform for temporary and permanent hiring, announced that it has entered into a share purchase agreement to acquire 100% of the issued share capital of Inverse Group Pty Ltd.

Inverse is a recruitment firm with a focus in the energy, resource and digital sectors across...

India – Hiring activity up 43% in October led by growth in IT

Hiring activity in India grew by 43% in October 2021 when compared to October 2020, according to the latest Naukri JobSpeak Index.

The job market in India has also surpassed pre-pandemic levels, showcasing a 19% uptick vs Oct 2019.

IT, which saw 85% year-on-year growth leads hiring among sectors followed...

Australia – Job ads rise 6.2% in October

Job advertisements in Australia rose 6.2% in October 2021 when compared to September 2021, recovering the losses of the previous three months of lockdowns, according to data from ANZ Bank.

Job ads were also 31.0% higher in October 2021 when compared to the pre-Covid levels recorded in January 2020.

According...

Australia – Workers who were fired for refusing Covid-19 vaccine turn to social media for ‘welcoming employers’ (The Guardian)

Unvaccinated Australians who have lost their jobs for refusing to comply with Covid-19 vaccine mandates are using social media to find and share employment opportunities at workplaces where the new rules are not being enforced, reports The Guardian. Instant messaging platform Telegram and social media...

India – Employment rate falls to 37.3% in October (Times of India)

The employment rate in India stood at 37.3% in October, down from 37.9% in September, reports the Times of India, citing data from CMIE,  the Centre for Monitoring Indian Economy. The fall was said to be disappointing amid the festive season, according to the Times of India. The labour participation...