Gakujo Q1 revenue up 32% as profits improve

Japanese recruitment firm Gakujo Co. (2301: JP) reported revenue today for the first quarter ended 31 January 2024 of JPY 1.48 billion (USD 10.1 million), an increase of 32.1% compared with last year.

Malaysia’s unemployment rate improves to 3.3% in January

January’s unemployment rate for Malaysia stood at 3.3%, down 0.3% over the previous year and unchanged over the previous month, according to data from Statistics Malaysia.

In January 2024, the number of unemployed persons decreased further, with a marginal drop of 0.1% to 567,300 when compared to the...

Indian law agency busts jobs racket, probes recruitment firms

India’s Central Bureau of Investigation (CBI) is probing recruitment firms and has busted major international human trafficking networks involved in sending Indian youth to the Russia-Ukraine war zone by luring them with lucrative job offers, reports The Times of India. The law enforcement agency is...

China warns pressure on employment yet to ease

China still faces structural employment issues and overall pressure on jobs has not eased, Reuters reports, citing the country’s human resources minister. It comes as the slowing economy braces for another record number of college graduates in 2024. HR minister Wang Xiaoping said the country’s job...

Korean workers thought to ‘slack off’ for 80 mins of workday

Human resource managers at major companies in South Korea believe their workers spend approximately 17% of their working hours, around 80 minutes, on other activities, reports The Korea Herald, citing a survey by the Korea Enterprises Federation. The survey showed that human resource managers of the...

Temp workers’ wages up across three major Japanese metros

The average hourly wage in January 2024 for temporary workers across three Japanese major metropolitan areas (Kanto, Tokai and Kansai) stood at JPY 1,565 (USD 10.64), up JPY 13 (USD 0.09) from the previous year and no change from the previous month, according to data from Dip Corp. (2379:TYO), a staffing...

Gender pay gap for Aussie contractors improves in FY 2023

Australia’s contractor workforce saw the overall average pay gap improve to 17% in FY 2023 compared to 21% FY 2022, according to research from Talent International.

However, more recent data for FY 2024 so far showed a gender pay gap of 24%.

In FY 2023, the transport industry saw the biggest pay gap...

Philippines employment rate improves in January

The employment rate in the Philippines for the month of January 2024 was estimated at 95.5%, higher than the employment rate in January 2023 at 95.2%, according to preliminary data from the Philippine Statistics Authority.

December’s employment rate stood at 96.9%.

Meanwhile, the unemployment rate in...

Japan to double cap on skilled foreign workers from fiscal 2024

Japan is facing pressure to boost its appeal to foreign talent as it looks to attract up to 820,000 skilled workers over the next five years, doubling the previous cap, in a competition for talent with other countries facing labor shortages, reports Nikkei Asia. The government presented its proposal...

India online recruitment down 8% in February

Online recruitment in India reported an 8% annual decline in February 2023, according to the latest foundit Insights Tracker.

The foundit hiring index lowered from 292 in February 2023 to 269 in February 2024.

Demand for jobs experienced a 3% month-on-month increase, following an index of 262 in January...