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OECD unemployment rate unchanged at 4.8% in January

18 March 2024

The unemployment rate for countries in the Organisation for Economic Co-operation and Development area was broadly stable at 4.8% in January 2024.

The OECD noted that the rate has remained below 5.0% since July 2022.

In January, the rate was broadly stable over the prior month in 23 OECD countries in January,...


Australian Union sues Qantas over illegal pandemic firings

18 March 2024

Australia’s Transport Workers Union (TWU) is suing airline Qantas in the federal court over what it says is “the largest case of illegal sackings in Australia’s corporate history”, reports The Guardian. A court previously found Qantas contravened the Fair Work Act by its decision to outsource...


Uber agrees to $178 million payout with Australia taxi drivers

18 March 2024

Work services platform Uber has agreed to pay AUD 271.8 million ($178.5 million) to settle a lawsuit in Australia, reports BBC News, citing a law firm for taxi operators and drivers. Maurice Blackburn Lawyers, an Australian law firm, filed the class action on behalf of over 8,000 taxi and hire car owners...


China's urban employment stable in early 2024

18 March 2024

China's employment situation was generally stable during the first two months of 2024, reports Xinhua, citing data from the National Bureau of Statistics (NBS). The surveyed urban unemployment rate on average in China stood at 5.3% in the first two months of 2024. In January, the country's surveyed urban...


Howtelevision to acquire engineer recruiter Logrio

15 March 2024

Howtelevision, a Japan-based company which offers a graduate recruitment platform, announced it will acquire Logrio, an engineer recruitment firm also based in Japan.

The price of the transaction is approximately JPY 244 million (USD 1.65 million).

“Our group has been developing its career platform business...


China and Hong Kong hiring sentiment down despite C-suite optimism

15 March 2024

Hiring sentiment overall in Hong Kong and Mainland China is softer despite a more optimistic outlook from C-level executives, according to a KPMG survey.

The survey suggests that there is still a need for top talent who can drive results in their organisations.

For KPMG’s annual report titled Hong...


Singapore’s FY 2023 employment growth driven by non-residents

15 March 2024

Singapore’s labour market showed resilience in 2023 despite global headwinds and the inflationary environment with total employment increasing in the year, according to research from the Ministry of Manpower.

Total employment grew by 88,400 in 2023. Given the low resident unemployment rate, this increase...


Workers in Korea could see 18% pay rise with AI skills

15 March 2024

Employers in South Korea are willing to offer a pay raise of at least 18% if job candidates are equipped with higher AI skills and literacy, reports MSN, citing a survey by Amazon Web Services. The survey polled 511 employers and 1,652 employees in South Korea. Generative AI will go through the most...


Artner full year revenue increases 9.4% as profits tick up

14 March 2024

Japanese recruitment firm Artner (2163: JP) reported revenue today for the full year ended 31 January 2024 of JPY 10.11 billion (USD 68.4 million), an increase of 9.4% when compared to the same period last year.

(JPY millions) FY 2023 FY 2022 Change FY 2023 (USD millions)
Revenue ...


Ignite appoints new CFO

14 March 2024

Australian recruitment firm Ignite Limited (ASX: IGN) announced that it has appointed Lisa Hou as CFO following the resignation of Diego Agosti as finance director.

Hou will take over the role from 18 March. She started her career with PWC in Australia and has worked for SaaS technology startups in the...