Open Up Group full year revenue edges up 8.8% with profits on the rise

Japanese technical staffing firm Open Up Group (2154: JP), previously known as BeNext-Yumeshin, reported revenue last week of JPY 161.7 billion (USD 1.11 billion) for the fiscal year ended 30 June 2023, up 8.8% over the year.

This increase in revenue is attributable to the growth of the results of the...

India’s festive season set to generate 50,000 temp jobs (The Hindu Business Line)

A surge in credit card sales and personal finance in India is expected to generate an employment opportunity of 50,000 temporary jobs in the second half of this year, reports The Hindu Business Line. With the festive season on the horizon, the surge in in credit card sales, personal finance, and retail...

Over half of seniors in Japan who wish to be in work are unemployed (Kyodo News)

Over 50% of those aged 60 through 74 years in Japan over recent years have remained unemployed despite wishing to be in work as the country faces a labour shortage, reports Kyodo News, citing a recent survey by Recruit Co. It also found that around two-thirds of the companies polled are not eager to...

China stops releasing youth jobs data as economic figures disappoint (Channel News Asia)

China’s National Bureau of Statistics said this week that it would no longer release age-group-specific unemployment data, citing the need to ‘further improve and optimise labour force survey statistics’, reports Channel News Asia. “Starting from this August, the release of urban unemployment...

104 Corp Q2 revenue rises 8.7% as it sets single quarter revenue record

Revenue at Taiwanese job board 104 Corp (3130: TAI) rose by 8.72% in the second quarter of 2023 when compared to the same period a year ago. Revenue totalled TWD 600.4 million (USD 18.8 million).

The group’s reviewed financial statements for Q2 2023, published last week, showed gross profit edged up...

Mirai Works reports revenue and profits growth in nine-month period

Japan-based HR services firm Mirai Works (6563: TYO) reported revenue on Monday of JPY 6.13 billion (USD 41.9 million) for the nine months ended 30 June 2023.

The company did not provide prior year results, however the group reported revenue of JPY 4.49 billion (USD 33.6 million) the year prior, showing...

Hong Kong seasonally adjusted jobless rate falls to 2.8% as labour market is set to improve

Hong Kong’s seasonally adjusted unemployment rate improved to 2.8% in the period from May to July 2023, from 4.3% 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 also rate...

Mobile phone manufacturers in India to hire 60,000 workers, staffing firms say (The Economic Times)

Approximately 60,000 direct jobs in mobile phone manufacturing are likely to be created in India in the next 6-12 months to cater to the manpower demands of leading device makers as the country becomes the second largest producer of handsets in the world, reports The Economic Times, citing estimates...

Job board operator Seek revenue up 10% in fiscal year despite lower job volumes

Despite lower job volumes and slowing economic activity, Seek Ltd. (SEK:ASX) reported Tuesday that revenue rose 10% in its fiscal year ended 30 June to nearly AUD 1.23 billion (USD 810.8 million). The Victoria, Australia-based job board operator forecast fiscal year 2024 revenue range from being down...

Australia’s wage price index rises; salary reviews higher than last year

Australia’s wage price index rose 0.8% in the quarter ended in June and was up 3.6% year over year, according to seasonally adjusted data released Tuesday by the Australian Bureau of Labor Statistics. The index had risen by 3.7% year over year in the quarter ended in March.

“Wage rises from regular...