Malaysia – Unemployment rate improves to 3.6% in September, number of employed on the rise

Malaysia’s unemployment rate in September 2022 stood at 3.6%, down 0.9% year-on-year, and down 0.1% over the month, according to research from Statistics Malaysia.

The number of unemployed persons declined by 17.1% over the year.

During the month, the number of unemployed persons continued its downward...

India – Majority of employees say work-related stress causes anxiety and depression (India Today Online)

The majority, or 77%, of workers across India said that work-related stress can cause sadness and anxiety, which has negative impacts on the mental health of employees and decreases productivity, reports India Today Online, citing a study by Genius Consultants. While 77% said work-related stress can...

Japan – Nisso Corp. revenue rises 17.6% in H1 period

Nisso Corporation (6569: TYO), a Japanese human resources firm providing staffing services, reported revenue today of JPY 43.16 billion (USD 294.3 million) for the first six months ended 30 September 2022, an increase of 17.6% compared to the same period last year.

New Zealand – Fair Pay Agreements bill passes into law

The New Zealand government last week passed its Fair Pay Agreements  (FPA) policy into law. The bill will provide a framework for collective bargaining for fair pay agreements across entire industries or occupations, rather than just between unions and particular employers.

The new bargaining system...

Australia – GO2 People enters trading halt pending announcement

GO2 People (GO2: ASX), a provider of vertically integrated recruitment and building services throughout Australia and New Zealand, announced that its securities will be placed in a trading halt at its own request, pending the release of an announcement.

Unless the Australian Securities Exchange (ASX)...

India – Most employers in services sector willing to hire in Q3 (The Economic Times)

A majority, or 73%, of employers in the services sector in India are keen to expand their workforce in the fiscal third quarter reports The Economic Times citing research from TeamLease. The report stated that in the services segment, the key sectors showing a higher intent are information technology...

Japan – Benext-Yumeshin first quarter revenue rises 6.7% on back of continued growth in demand for engineers

Japanese technical staffing firm BeNext-Yumeshin (2154: JP), reported revenue today of JPY 38.99 billion (USD 263.9 million) for the first quarter ended 30 September 2022, an increase of 6.7% compared with the previous year.

The increase in sales and profits was attributed to the continued growth in demand...

Japan – Interworks reports H1 revenue and profit improvement

Interworks (6032:TYO), a Japan-based recruitment company reported revenue today for the first six months ended 30 September 2022 of JPY 1.43 billion (USD 9.7 million). The group did not provide prior year results for comparison, however last year’s revenue stood at JPY 1.20 billion (USD 8.1 million)....

Australia – Labour hire firm faces court for alleged underpayments

Australia’s Fair Work Ombudsman has launched legal action against a labour-hire company that operated on farms in Far North Queensland, alleging it underpaid visa holders almost AUD 50,000 (USD 31,950).

NQ Powertrain Pty Ltd is facing the court. The Fair Work Ombudsman investigated the company after...

Singapore – Majority of Gen Z workers planning ‘quiet quitting’

More than half of Gen Z (aged 16-25) workers (55%) in Singapore are planning "quiet quitting" their jobs, according to survey research from Indeed Singapore.

In the survey, Singapore workers identify quiet quitting "as 'saying no' to the hustle culture that expects employees to do extra...