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Global unemployment rate set to increase in 2024 while growing social inequalities raise concerns

10 January 2024

The global unemployment rate is set to rise from 5.1% in 2023 to 5.2% in 2024, according to a report from the International Labour Organisation.

The report finds that both the unemployment rate and the jobs gap rate, which is the number of persons without employment who are interested in finding a job,...


Malaysia’s unemployment rate returns to pre-pandemic levels

10 January 2024

November's unemployment rate fell to 3.3% and returned to the pre-pandemic level, compared to 3.6% recorded during the same period a year ago, according to Statistics Malaysia.

In October 2023, the unemployment rate was 3.4%.

During November 2023, the number of unemployed persons stood at 569,200, down...


Australians with disability paid lower superannuation rate in supported employment (The Guardian)

10 January 2024

Workers across Australia with disabilities working in supported employment are being legally paid less superannuation (pension) than the rest of the workforce, reports The Guardian. Advocates say outdated and contradictory workplace laws are to blame for the disparity.

Under Australia’s federal superannuation...


Tech companies in India may ramp up hiring of gig workers (The Economic Times)

10 January 2024

The majority of tech companies (75%) are considering gig workers for their open positions in 2024, as against 61% last year, reports The Economic Times, citing research from Deloitte. Demand for freelance technology professionals has surged as companies seek niche skills, especially for global capability...


Career Bank H1 revenue dips 10%

9 January 2024

Japanese staffing firm Career Bank (4834: JP) reported revenue today for the first six months ended 30 November 2021 of JPY 3.50 billion (USD 21.8 million), an increase of 0.1% compared to last year.

(JPY millions) H1 2023 H1 2022 Change H1 2023 (USD million)
Revenue 3,154 ...


Philippines unemployment rate lowers to 3.6% in November

9 January 2024

The unemployment rate in the Philippines was estimated to be 3.6% in November 2023, according to preliminary data from the Philippine Statistics Authority. This was lower than the unemployment rates in November 2022 and October 2023, at 4.2%.

By magnitude, the number of unemployed individuals in November...


Hong Kong man convicted of operating unlicensed employment agency

9 January 2024

A man was convicted of operating an unlicensed employment agency and was fined HKD 10,000 (USD 1,279) at West Kowloon Magistrates’ Courts.

In May 2022, the labour department received a complaint against a man from an employer seeking to hire a foreign domestic helper. As the investigation revealed sufficient...


Wipro says exec noncompete agreements include nine rivals (Hindustan Times)

9 January 2024

Executives at Wipro Ltd. (NYSE: WIT) cannot join any of the company's nine rivals for at least 12 months after they leave the firm, the Hindustan Times reported. The information comes from a lawsuit filed by Wipro over the departure of CFO Jatin Dalal, who joined Cognizant Technology Solutions...


Job postings across New Zealand fall 21.8% in September quarter amid skills shortages

8 January 2024

The number of job postings in New Zealand fell by 21.8% in the September 2023 quarter when compared to the same period a year ago, according to the latest national jobs index from the Recruitment Consulting and Staffing's (RCSA) latest Jobs Report.

On a quarterly basis, the national jobs index is on the...


India white-collar hiring tumbles 16% in December with declines driven by telecom sector

8 January 2024

White-collar hiring in India fell by 16% in December 2023 when compared to December 2022, according to the latest Naukri JobSpeak Index.

The Index stood at 2,439 for December 2023, up 2% compared to November 2023.

India’s travel and hospitality sector continued its growth momentum in new job offers with...