South Korea – Temporary workers down 2.1% in April, seasonally adjusted unemployment rate improves slightly to 2.6%

The number of temporary workers in South Korea declined by 2.1% year over year to approximately 4.61 million in April 2023, according to data released by Statistics Korea.

When compared to the previous month, the number of temporary workers rose slightly by 0.8% in April 2023. The temporary employment...

Hong Kong – Labour Department to launch programme helping secondary school graduates enter job market

Hong Kong’s Labour Department announced yesterday that it will launch the ‘Career Let’s Go’ programme to help secondary school graduates enter the job market.

Through an array of diversified pre-employment training and employment services, the programme aims to help school leavers obtain the latest...

China – College students showing increasing preference for stable jobs in state-owned companies (China Daily)

College students who are about to graduate are showing increasing preference for stable jobs, mostly in state-owned companies, reports China Daily citing research from Zhaopin. It found that most students who were surveyed have a clear and comprehensive understanding of the current economic landscape,...

Australia – Ambition Group full year revenue rises 19.9%

Australia-based recruitment firm Ambition Group published its annual report for the year ended 31 December 2022. The group reported revenue of AUD 97.9 million (USD 66.2 million), up 19.9% over the year.

The group said its results were achieved due to strong performances from Singapore, Hong Kong, and...

World – LinkedIn cuts over 700 jobs as it phases out China app

LinkedIn’s CEO said on Monday it would cut 716 jobs amid ‘shifts in customer behaviour and slower revenue growth’. The company will also shut down its China-focused job application, according to a LinkedIn post by CEO Ryan Roslansky.

In message to employees, Roslansky said, “Over the years we've...

Malaysia – Online recruitment up 2.6% in March with Hospitality industry leading the way

Malaysia recorded a 2.6% year-on-year growth in online recruitment activity in March 2023 when compared to the same month a year ago, according to the foundit Insights Tracker (fit), formerly published as Monster Employment Index (MEI).

The tracker’s index rose to 78 in March 2023, this was up from...

Philippines – Unemployment rate improves to 4.7% in March

The unemployment rate in the Philippines stood at 4.7% in March 2023, down from 5.8% in March 2022, according to research from the Philippine Statistics Authority. The 4.7% rate is a preliminary estimate.

The unemployment rate in March 2023 also edged downward from the 4.8% rate seen in February.

The 4.7%...

Hong Kong – Statutory minimum wage goes into effect

Hong Kong’s statutory minimum wage went up to HKD 40 (USD 5.10) effective 1 May, the Hong Kong Labour Department announced.

The Hong Kong Special Administrative Region said in a statement that the minimum wage applies to all employees whether they are monthly-rated, daily-rated, hourly-rated, permanent,...

World – Employee wellbeing ranked the highest in Asia Pacific as more companies increase in wellbeing initiatives

Overall employee wellbeing ranked highest in Asia Pacific compared to other regions, with 49% of companies in APAC describing it as ‘excellent’ or ‘very good’, slightly higher than the global average of 46%, according to a survey from Aon on employee wellbeing.

Aon says the 49% figure could be...

Australia – Annual living expenses for workers reach all-time high, outpacing inflation

Annual living expenses for working Australians have reached an all-time high and record-high mortgage interest rates were mostly to blame, according to the latest data from the Australian Bureau of Statistics.

The report showed that all annual living cost indices have risen between 7.1% to 9.6%, exceeding...