Japan – Gakujo H1 revenue down 12.1%, profits also slip

Japanese recruitment firm Gakujo Co. (2301: JP) reported revenue for the first six months ended 30 April 2021 of JPY 2.20 billion (USD 20.1 million), decreasing 12.1% compared with last year.

Australia – New South Wales government to introduce safety laws for the gig economy following taskforce report

Australia’s New South Wales government is set to introduce new laws to improve safety outcomes in the gig economy and food delivery industry.

Minister for Better Regulation Kevin Anderson said the new measures include ensuring riders are provided with personal protective equipment by food delivery platforms,...

China – Recruitment platform Kanzhun seeks up to $912 million in US IPO (Bloomberg)

Kanzhun Limited, whose core product is job board Boss Zhipin, is looking to raise as much as USD 912 million in its US initial public offering, reports Bloomberg. Boss Zhipin is a mobile platform that allows employers to interact and connect with job seekers through direct chat. Kanzhun, backed...

India – Number of active job openings rises slightly in May (Times of India)

The number of active job openings rose marginally in May when compared to April. With most job openings added during the last two weeks of the month, reports the Times of India, citing data from staffing firm Xpheno. The data showed 205,000 job openings in May from 200,000 in April. The recovery of job...

India – Quess Corp fourth quarter revenue flat, EBITDA hit by pandemic

Quess Corp. (QUESS:NSI), a Bengaluru, India-based staffing provider, reported revenue yesterday after the markets closed of INR 30.0 billion (USD 411.1 million) for the fourth quarter ended 31 March 2021, flat when compared to the same period last year.

India – Hiring activity soars in May, but some sectors yet to recover to pre-Covid levels

Hiring activity in India grew by 125% in May 2021 against May 2020 when the pandemic first hit the jobs market, according to the latest Naukri JobSpeak Index.

While most sectors still have to recover to pre-pandemic levels, year-on-year hiring in the IT-Software sector grew by 200% in May 2021 and has...

World – Employment growth insufficient to make up for the job losses suffered until at least 2023: ILO

Employment growth will be insufficient to make up for the losses suffered from the Covid-19 crisis until at least 2023, according to a new assessment by the International Labour Organisation (ILO).

The ILO’s World Employment and Social Outlook: Trends 2021 projects the global crisis-induced ‘jobs...

India – IT sector could drive white-collar job market this year (Economic Times)

In the last two weeks of May India saw a significant spike in white collar IT sector hiring, reports the Economic Times, citing a statement from Kamal Karanth, Co-Founder, staffing firm Xpheno. According to Karanth, it is clear that the IT sector is going to be driving the job growth this year as it...

Malaysia – Online recruitment soars 49% in April: Monster Employment Index

Online recruitment in Malaysia climbed by 49% in April 2021 when compared to April 2020, according to data from the Monster Employment Index.

The Monster Employment Index (MEI) rose to 61 in April 2021 from 41 in April 2020. However, the month-on-month data showed a decline of 2% in online hiring. According...

Singapore – Seasonally adjusted unemployment rate steady in April

Singapore’s seasonally adjusted jobless rate remained at 2.9% in April 2021, compared to the previous month, according to the Ministry of Manpower’s Monthly Unemployment Situation report.

Broken down, the unemployment rate for Singapore residents and citizens declined further by 0.1% point to 3.9%...