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...

New Zealand median weekly earnings rise at second-highest rate since 1998

Median weekly earnings from wages and salaries in New Zealand rose 7.1% to NZD 1,273 (USD 773.20) year over year in the quarter ended in June, Statistics New Zealand reported Tuesday. It was the second-largest annual increase since 1998.

“Median weekly earnings continued to grow strongly over the year,...

China stops releasing data on youth unemployment (CNN)

China has stopped releasing youth unemployment data after numbers reached record highs in recent months, CNN reported. Fu Linghui, a spokesman for the National Bureau of Statistics, said the monthly data releases were stopped because the current statistics’ methodology needs to be improved, CNN reported....

Outsourcing gets extension for earnings report as investigation takes place

Outsourcing Inc. (2427:TYO), an IT staffing provider that ranks as the third-largest staffing firm in Japan, announced Monday that the deadline for it to report second-quarter revenue has been extended to 13 October as the company conducts an internal investigation. The original deadline had been 14...

Hirayama Holdings’ fiscal year net sales rise across business lines

Hirayama Holdings Co. Ltd. (7781:TYO), a Tokyo-based provider of engineering and manufacturing staffing, announced Monday that net sales rose 13.2% in its fiscal year ended 30 June to JPY 31.67 billion (USD 219.2 million).

Net sales in its manufacturing temporary staffing business rose 10.9% year over...

Trigyn reports revenue, profit rise in fiscal Q1

Trigyn Technologies Ltd. (TRIGYN.NSI), an IT services and staffing firm headquartered in India, last week reported revenue rose 13.0% to INR 3.23 billion (USD 39.3 million) in its fiscal first quarter ended 30 June.

Profit after tax jumped 103.7% to INR 59.4 million (USD1.5 million), according to the...