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Australia – Unemployment inching closer to post-financial crisis high

12 September 2013

Australia’s seasonally adjusted unemployment rate increased by +0.1% to 5.8% in August, according to the latest report from the Australian Bureau of Statistics (ABS). Prior to the release of the report, market analysts had predicted that unemployment would rise to 5.8%. The number of people unemp...


World – Top executive compensation rising

12 September 2013

The global average cash compensation of a top executive in a corporation with more than 100,000 employees is EUR 1.35 million gross per year. Executive compensation is almost equally divided between a salary of EUR 660,000 and bonuses EUR 690,000. Basic salary increased by +5.5% compared to the p...


Tanzania – Nepotism undermining recruitment agencies

11 September 2013

The number of recruitment agencies in Tanzania has been growing over the past ten years. The primary objective of these agencies is to support fresh graduates into work, according to The Citizen.According to the Citizen, a few years ago, the government established the Public Service Recruitment S...


Indonesia – Labourer information request creates tension with Taiwan

11 September 2013

The Indonesia government's recent request for personal data about foreign Indonesian labourers working in Taiwan and their employers has created tension between the two countries, with Indonesia raising the possibility of recalling the labourers, according to the China Post.The Indonesian Economi...


Australia – Mining slowdown biting graduates hard

11 September 2013

There is no longer a guarantee that engineering students will have jobs waiting for them when they graduate in Western Australia. Companies are trimming or cutting graduate programs in the wake of the mining downturn, as they cut costs and staff, according to the Australia Broadcasting Corpo...


Australia – Social media’s impact on recruitment growing

11 September 2013

Social media is a fast-moving and fluid world, with new sites and channels emerging all the time.  But there are three key sites you need to utilise if your career is to benefit, says recruitment firm Hays.Nick Deligiannis, managing director of Hays in Australia & New Zealand, said: &quo...


World – Manpower: Recruitment conditions to remain stable

10 September 2013

Global hiring conditions are expected to remain stable for the remainder of 2013, but ManpowerGroup’s (NYSE: MAN) fourth-quarter Manpower Employment Outlook survey, released today, reveals few signs that global hiring momentum will improve by any notable degree.This quarter’s research of over 65,...


South Africa – Permanent job losses outnumber temporary job losses

10 September 2013

South Africa’s largest staffing firm, Adcorp’s (ADR: JNB) latest Employment Index shows that the economy shed 34,654 jobs during August. The biggest job losses occurred in permanent jobs, which fell by 26,820 during the month, followed by temporary jobs, which declined by 12,845 in August. Signif...


Japan – Recruit Co. Holdings reportedly proposes takeover of Freelancer.com

10 September 2013

Japanese human resources and job site firm Recruit Co. Holdings Ltd has made a takeover bid of AUD 432 million (USD 400 million) for Freelancer.com, the Australian online job outsourcing platform, according to the AustralianFinancial Review.Although Recruit Co. Holdings’ policy is not to comment...


India – Contract workers bearing the brunt of redundancies

10 September 2013

Employment creation in India’s eight key industrial sectors, for the three months ending 30 June 2013, slumped compared with the previous quarter, according to new employment data released by the Labour Bureau, showing the extent of the downturn in the economy.The survey, which covered 2,300 indu...