Dip Corp nine-month revenue rises 9.6% as profits climb

Japanese staffing firm and job board Dip Corp. (2379: JP) reported revenue for the nine-month period ended 30 November 2023 of JPY 40.25 billion (USD 276.8 million), up 9.6% over the year.

Japan's real wages down for 20th straight month (Reuters)

Japanese workers' real wages kept shrinking for a 20th month in November, reports Reuters citing data from the labour ministry. Inflation-adjusted real wages, a key determinant of consumer purchasing power, fell 3.0% in November from a year earlier, faster than a 2.3% annual decrease in October 2023....

Most recent graduates in Japan would prefer coming into office over telework (The Mainichi)

The majority of graduates in Japan would prefer coming to the office rather than teleworking, reports The Mainichi, citing research from Gakujo. The survey was conducted in November targeting university students who are graduating in spring 2024, via its job placement website for new college graduates....

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

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

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)

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 Advocates say outdated and contradictory workplace laws are to blame for the disparity.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)

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%

Japanese staffing firm Career Bank (4834: JP) reported revenue today for the first six months ended 30 November 2023 of JPY 3.50 billion (USD 21.8 million), an increase of 0.1% compared to last year.

Philippines unemployment rate lowers to 3.6% in November

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

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...