Japan – Outsourcing to acquire California Pacific Technical Services

Japan-based staffing firm Outsourcing Inc. (2427: JP) announced that, through its subsidiary American Engineering Corporation, it will acquire California Pacific Technical Services LLC.

Financial details were not disclosed.

American Engineering Corporation is part of the Domestic Service Operations Outsourcing...

Philippines – Online hiring down 14% in March 2021: Monster

Online recruitment in the Philippines decreased by 14% in March 2021 when compared to March 2020, according to data from the Monster Employment Index.

The Monster Employment Index (MEI) decreased to 125 in March 2021 from 145 in March 2020.

On a month-on-month basis, the Index recorded growth of 3%.

Online...

Malaysia – Jobless rate up in February, labour market outlook bullish

Malaysia’s unemployment rate increased year-on-year by 1.5% to a rate of 4.8% in February 2021, according to data from the Department of Statistics Malaysia.

When compared to the previous month, the unemployment rate fell slightly by 0.1%.

Overall, the number of unemployed persons stood at 777,500...

India – Share of temporary staff up in tech sector, wages rise (Times of India)

A skills gap in niche technologies and a surge in digital transformation projects has made India’s IT sector rely heavily on temporary staff with the share of such talent increasing by average 40% and pay hikes coming in at rates higher than permanent employees, reports the Times of India citing data...

India – Hiring to jump 7% in April-June quarter if lockdowns not further enforced (Mint)

India’s formal sector is ready to hire this April-June quarter if further lockdowns and workplace operating rules are not enforced, reports LiveMint, citing data from TeamLease Services. The research found that recruitment could rise by 7% over the previous quarter ended March 2021. Out of the 21 sectors...

India – Tata Consultancy Services Q4 revenue and profits show uptick

Tata Consultancy Services (TCS), the IT services firm, reported revenue rose 5.9% on a constant currency basis in its fiscal fourth quarter ended 31 March 2021. Net income was up 15.6%.

Japan – Careerlink full year revenue and profits soar

Japanese staffing company Careerlink (6070: JP) reported revenue today for the full year ended 28 February 2021 of JPY 30.27 billion (USD 277.8 million), an increase of 43.5% compared to the same period the year prior.

India – Hiring for blue collar jobs resurges in 2021

The hiring of blue collar workers in India is resurging in 2021 as the vaccination rollout continues and optimism in the economic recovery rises, according to a survey of employers by HR tech platform OLX People.

The survey found that 50% of respondents say that they are optimistic about the economic...

Asia Pacific – Employment in Vietnam and Indonesia recover as companies increase headcount in 2021

The Covid-19 pandemic and the resulting economic downturn has had a significant impact across the Asia Pacific, however optimism in Vietnam and Indonesia is starting to emerge, according to research from Michael Page.

In Vietnam, 50% of companies are looking to increase their headcount and 30% are looking...

Japan – Pasona Group’s HR Solutions business boosts revenue, profits on the rise

Japanese staffing firm Pasona Group (2168: JP), reported revenue today for the nine months ended 28 February 2021 of JPY 244.6 billion (USD 2.23 billion), an increase of 2.2% compared with last year.