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Singapore – Foreign workers paying thousands to secure construction jobs

18 February 2015

Tougher rules on foreign workers and a slowdown in the construction sector has left thousands of overseas workers stranded in Singapore with rising piles of debt, reports asianewsnet.net.Overseas workers are paying around SGD 2,000 (USD 1,475) for training courses that will help them pass a test...


China – Zhaopin reports strong Q2 revenue and profit growth

17 February 2015

Chinese job board Zhaopin (ZPIN: NYSE) yesterday reported revenue of RMB 341.8 million (USD 55.6 million) for the second quarter ending 31 December 2014, an increase of 18.7% compared with RMB 288 million (USD 46.8 million) during the same quarter last year.    Q2 2014 Q2 2013...


Australia – SEEK reports strong revenue growth despite tough domestic job market

17 February 2015

Australian job board SEEK (SEK: ASX) reported revenue from continuing operations of AUD 395.3 million (USD 307.3 million) for H1 2015 ending 31 December 2014, an increase of 17% compared with AUD 337.6 million (USD 262.5 million) during the same period last year.The company’s H1 2014 results were...


Asia – “Repats” with language skills highly sought after

17 February 2015

The increasing number of multinationals entering Asian markets boosted business confidence across the region, with job advertising volumes up 18% in Q4 2014, compared with the same quarter last year, according to the Robert Walters Asia Job Index Q4 2014.Competition for top talent, however, has p...


Peru – Small companies and the services sector leading job creation

17 February 2015

Employment increased in all employment sectors across Peru, during the November 2014 to January 2015 rolling quarter, according to the National Institute of Statistics and Informatics (INEI), reports andina.com.pe.The strongest growth was reported in the services sector, which created 125,700 new...


Australia – Revenue and earnings down in H1, reports Chandler MacLeod

16 February 2015

Australian recruitment firm Chandler MacLeod (CMG: ASX) reported revenue for the six months ending 31 December 2014 of AUD 700.6 million (USD 543.4 million), a decrease of 2.5% compared with AUD 718.1 million (USD 557 million) during the same period last year.    H1 2014 H1 201...


Australia – Higher costs dampen Freelancer’s full year results

16 February 2015

Freelancer (FLN: ASX), the Australia-based online staffing firm, reported revenue for the year ended 31 December 2014 of AUD 26.1 million (USD 20.2 million), an increase of 39% compared with AUD 18.8 million (USD 14.6 million) a year ago.   FY 2014 FY 2013 Change Revenue...


Singapore – Freelancers becoming a permanent fixture

16 February 2015

The use of freelancers has increased significantly across Singapore, as companies take advantage of the financial benefits of hiring freelance workers, reports The Straits Times.“I don’t need to worry about paying for Central Provident Fund contributions or bonuses,” said businesswoman Teo Jia En...


Korea – President calls for compromise on labour reform

16 February 2015

President Park Geun-hye on Friday called on labour and management to produce a compromise by March in the latest push to reform South Korea's rigid labour market, reports The Korea Herald.In a meeting with top labour officials as well as government officials in charge of the economy and labour, M...


Japan – Engineering and technical recruiter Human Holdings reports strong profit growth

13 February 2015

Japanese staffing firm Human Holdings (2415: JP) reported revenue of JPY 46.1 billion (USD 385 million) for the nine months ending 31 December 2014, an increase of 10.6% from JPY 41.7 billion (USD 348.3 million) during the same period last year.    01/04/14 – 31/12/14 01/04/13...