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Seek job ads in Australia fall 17.5% in January

21 February 2024

Australian job ads on job board Seek fell by 17.5% in January 2024 when compared to January 2023.

On a month-on-month basis, job ads increased by 1.3% in January 2024. At the same time, applications per job ad rose by 2.1%.

By state, the Northern Territory recorded the only increase (4.0%) when compared...


Hong Kong jobless rate improves in November to January quarter

21 February 2024

Hong Kong’s seasonally adjusted unemployment rate stood at 2.9% in the period from November 2023 to January 2024, down from 3.4% 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...


En-Japan 9-month revenue steady

20 February 2024

Japan-based recruitment and job information provider En-Japan Inc (4849: TYO) reported revenue earlier this month of JPY 49.73 billion (USD 330.7 million) for the first nine months 31 December 2023, a marginal increase of 0.3% compared to last year.

(JPY millions) 9 months 2023 9 months 2022 ...


Ignite H1 revenue slides 9.1% but reports positive EBITDA

20 February 2024

Australian recruitment firm Ignite (IGN:ASX) reported revenue from continuing operations fell by 9.1% in the six months ended 31 December 2023 to AUD 50.2 million (USD 32.80 million).

The gross profit margin decreased modestly from 11.88% to 11.84%. The decrease in gross profit relative to revenue was...


Australian employment outlook growth to slow in Q1

20 February 2024

Employment across Australia is expected to continue to grow in the first quarter of 2024, but at a slower rate than in previous quarters, according to the Quarterly Australian Work Outlook by the Australian HR Institute (AHRI).

The report surveyed 602 senior HR professionals and decision-makers, including...


Job board Seek moves to 100% renewable energy in Australia

20 February 2024

Job board Seek’s Australian operations is set to be 100% powered by renewable energy in a new partnership with ZEN Energy.

From July 2024, the partnership will see Seek’s domestic operations supplied by renewable energy from three wind farms in regional Victoria.

Seek also committed to purchase further...


Outsourcing FY revenue up to record high, but below forecast

19 February 2024

Japan-based staffing firm Outsourcing Inc. (2427: JP), the tenth-largest global staffing firm, reported revenue today for the full year ending 31 December 2023 of JPY 749.60 billion (USD 4.99 billion), an increase of 8.6% when compared to the previous year.

In December 2023, Outsourcing announced...


HiTech Group H1 revenue falls 16% despite record profits

19 February 2024

Australia-based recruitment and consulting company HiTech Group Australia (HIT: ASX) reported revenue today for the six months ended 31 December 2023 of AUD 34.0 million (USD 22.2 million), down 16.4% compared to the same period last year.

(AUD millions) H1 2024 H1 2023 Change H1 2024...


Quess Corp plans to demerge into three businesses

19 February 2024

India-based staffing firm Quess Corp. announced a three-way demerger of its diversified businesses.

On Friday, the group’s board of directors approved a composite scheme of arrangement providing for the demerger of Quess Corp into three independent entities.

The demerger will ultimately result in three...


Singapore Budget 2024 focuses on jobs and upskilling

19 February 2024

Pursuing ‘better jobs and growth’ in 2024 is a key priority for Singapore, according to the latest Budget Statement. 

The Budget 2024 speech by Deputy Prime Minister and Finance Minister Lawrence Wong focused on skills upgrading. Wong introduce a new SkillsFuture Level-Up Programme to better...