India – Low-skilled jobs platform Apna raises $70 million in funding

Apna, a professional jobs platform for low-skilled workers in India, announced it has raised $70 million in a Series B funding round led by Insight Partners and Tiger Global.

Existing investors, Sequoia Capital India, Lightspeed India, Greenoaks Capital and Rocketship VC also participated in the round....

India – IT firms set to slash 3 million jobs by 2022 due to automation (LiveMint)

Software firms in India that employee over 16 million are set to slash headcounts by 3 million by 2022, which will help them save USD 100 billion mostly in salaries annually, reports LiveMint, citing a report from Bank of America. The domestic IT sector employs around 16 million, of them and around 9...

India – Online recruitment shows uptick of 4% in May

Online recruitment in India recorded a year-on-year uptick of 4% in May 2021 according to data from Monster.com in India, a Quess Company.

The Monster Employment Index increased to 260 in May 2021 from 250 in May 2020.

Month-on-month there was an increase of 1%. Monster noted that job demand has increased...

Australia – Job ads up 38% over pre-pandemic levels

Job advertisements in Australia rose by 38.8% in May 2021 on a seasonally adjusted basis when compared to the pre-pandemic month of January 2020, according to data from ANZ Bank.

When compared to the previous month, job ads rose 7.9%. ANZ Bank said the monthly rise suggests a rapid tightening in the labour...

New Zealand – Labour force projected to grow with boost from over 65 population

New Zealand's labour force is projected to increase, driven by a growing population and increasing participation rates of women at most ages and men at older ages, according to Statistics New Zealand research.

In the March 2021 quarter, 2.9 million people were in the labour force. The new projections...

China – Youth are lying flat to protest pressures of hustle and overwork culture (The Independent)

Young people in China are participating in an online social protest in droves, meant to express their disillusionment with work and hustle culture by “lying flat”, reports The Independent. The trend of lying flat, or “Tang Ping”, is meant to reject the culture of overwork that forces Chinese...

Australia – Job ads rise 4.3% in May, contingent job postings remain steady

The number of job ads in Australia rose by 4.3% in May when compared to the previous month according to the Australian Job Index by HR consultancy Hro2.

Hro2’s data is collected from up to 6,000 employer, recruiter and niche job board sites. Repeat advertisements on one site or across several sites...

Australia – Over a third of employees will quit their jobs within the next year

Over a third, or 38%, of employees in Australia plan to look for a new job in the next 12 months, according to research from Hays Australia.

Another 39% of the more than 3,800 professionals surveyed by Hays said they are open to new opportunities.

According to Hays the reasons cited by professionals for...

World – Covid-19 pandemic highlights urgent need to scale up investment in lifelong learning: OECD

The OECD (Organisation for Economic Co-operation and Development) is calling on countries around the world to step up their efforts to enable people to continue learning throughout their lives to navigate a rapidly changing world of work shaped by globalisation and the consequences of the pandemic.

OECD’s...

Singapore – HRNetGroup discloses change in voting rights interest for Staffline

Singapore-based recruitment firm, HRnetGroup announced that it has filed a notification of major holdings in shares representing 14.47% of voting rights in Staffline Group, the UK-based recruitment and training organisation.

HRnetGroup was founded in 1992 by Peter Sim, a former human resources director...