World – Monster.com raises $18.5 million in latest funding round

Monster.com, a Quess Corp company, announced that it has raised INR 1.37 billion (USD 18.5 million) in the latest funding round.

The round was led by Akash Bhanshali of Volrado Venture Partners and Mohandas Pai of Meridian Investments, with participation from Quess.

The funds raised will be used towards...

Singapore – Majority of SMEs say they require greater support in workforce upskilling

As upskilling tops the business agenda for companies in Singapore, the majority, or 68%, of Small and Medium Enterprises employers say that they require more support in the form of training resources, according to findings from NTUC (National Trades Union Congress) LearningHub’s recent Workforce Learning...

Philippines – Unemployment rate improves in November due to relaxation of restrictions

The unemployment rate in the Philippines in November 2021 stood at 6.5%, up from 7.4% the previous month, according to preliminary labour market data from the Philippine Statistics Authority.

The 6.5% rate was the lowest since January 2021. The second lowest was in July 2021 at 6.9%, while the third lowest...

India – White-collar hiring boom led by tech-driven jobs (Financial Express)

Hiring in 2021 in India ended on a strong note, with December numbers for white collar jobs coming in 67% higher than 2020 closing, reports Financial Express, citing research from staffing firm Xpheno. The 300,000 jobs seen in December is the second-highest over the last two years, contributed majorly...

Japan – World Holdings acquires temporary staffing firm Dimple

World Holdings, a Japanese outsourcing services company, announced that it will acquire Dimple Co., Ltd.

The effective date of the acquisition is 28 February 2022. The price of the acquisition is JPY 3.78 billion (USD 32.6 million). 

World Holdings will acquire 90% of the company from its shareholder...

Japan – Temporary agency workers up 2.8% in November, seasonally adjusted unemployment rate up slightly

Japan’s non-regular employees, which includes temporary workers, dispatch workers, contractors, part-time workers and others, totalled 20.87 million for the month of November 2021, down 1.7% over the year according to data from Statistics Japan.

The number of ‘dispatched workers from temporary labour...

Australia – Job ads slip 5.5% in December

Job advertisements in Australia fell by 5.5% in December 2021 when compared to November 2021, following an upwardly revised 17.2% jump over the previous two months as Covid-19 Delta variant lockdowns eased in the country, according to job ad data from ANZ Bank.

A record gain in the employment figure,...

Hong Kong – Most professionals believe in upskilling to succeed in their careers: Hays

The majority, or 86%, of professionals worldwide believe they will need to upskill in order to succeed in their careers in 2022, according to a poll by Hays.

The poll of 21,600 professionals across the world showed that 14% said they didn’t think they would need to upskill in order to succeed in their...

Australia – Finding talent and upskilling are top problems business leaders face in 2022

Talent acquisition and the retention and re/upskilling of talent are now the top challenges facing business leaders in Australia, according to a report from KPMG.

The report found that 69% of business leaders say that talent, including acquisition, retention and reskilling/upskilling to meet a more digitised...

India – E-commerce hiring jumps 28% in 2021, 2022 expected to continue momentum

Job opportunities in the e-commerce and allied industries in India recorded a 28% surge in 2021, according to data from staffing firm TeamLease Services. 

Recruitment activity in the e-commerce and allied industries (e-commerce, social commerce, online grocery/ essentials) are set to gain further...