Australian payroll jobs up 2.4% in September but labour market may see slowdown

Payroll jobs in Australia increased by 2.4% over the 12 months leading up to 16 September 2023, according to the Australian Bureau of Statistics.

The 2.4% annual increased was a comedown from the 2.7% annual growth reported up to mid-August 2023.

“This suggests that labor market growth may be beginning...

Hong Kong jobless rate improves to 2.8% in September quarter

Hong Kong’s seasonally adjusted unemployment rate improved to 2.8% in the period from July to September 2023, from 3.9% during the same period a year ago, according to the latest labour force statistics published by the Census and Statistics Department.

The seasonally adjusted unemployment rate was...

Seek job ads plunge 18.5% in September but remain above pre-Covid levels

Job advertisements in Australia tumbled by 18.5% year-on-year in September 2023, according to data from job board Seek.

When compared to the previous month, job ads decreased by 1.8% in September 2023.

Job ad volumes in September 2023 remain 17.1% higher than September 2019 levels. All states and territories...

Majority of overseas Filipino workers plan to return home in five years (The Manila Standard)

About 62% of overseas Filipino professionals plan to relocate back home within the next five years, due to personal reasons such as to take care of aging parents and be closer to family, reports The Manila Standard citing research from Robert Walters. The 62% figure represents an increase from 2021,...

Millions of jobs coming up in EV sector, data & AI roles to get maximum pay hike (The Economic Times)

Up to 10 million direct jobs will be created in the EV (electric vehicle) sector and another 50-55 indirect jobs will arise, reports The Economic Times, citing Sanjay Shetty, Director, Professional Search & Selection, Randstad India. “We expect annual EV sales in India to surpass 10 million units...

Wipro says Q2 revenue down 4.8% but points to large-deal activity

IT services revenue at Wipro Ltd. (NYSE: WIT) fell 4.8% year over year on a constant currency basis in its fiscal second quarter ended 30 September with total IT services revenue USD 7.71 billion. However, CEO and Managing Director Thierry Delaporte pointed to progress in terms of large deals.

“We ended...

Hiremii Q1 revenue rises 43% on the back of candidate placement growth

Hiremii, an Australia-based staffing platform for temporary and permanent hiring, reported Q1 2024 revenue of AUD 6.92 million (USD 4.3 million), an increase of 43% compared to the same period a year ago.

Revenue was driven by organic growth in candidate placements focused in future industry white collar...

China’s urban unemployment rate improves to 5.0% in September

China’s urban surveyed unemployment rate stood at 5.0%, down 0.2% when compared to the previous month, falling for two months in a row, according to data from the National Bureau of Statistics of China.

The data also noted that in the first three quarters, the urban surveyed unemployment rate averaged...

Japan's new foreign trainee program to be more flexible for workers (Kyodo News)

A Japanese government panel has proposed replacing the country’s controversial trainee program for foreigners with a new system with more flexibility and oversight to prevent human rights infringements, reports Kyodo News, citing a draft report. The panel called for enabling trainees who attain a certain...

Australia’s workplace regulator fines Hong Kong-owned company for underpaying migrant workers

Australia’s Fair Work Ombudsman has secured a fine against a Sydney-based Hong Kong-owned company in court over deliberately and systematically underpaying migrant employees.

The Federal Court has imposed an AUD 550,000 (USD 350,333) penalty against Winit (AU) Trade Pty Ltd, a Hong Kong-owned company...