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India – Quess Corp fourth quarter revenue flat, EBITDA hit by pandemic

4 June 2021

Quess Corp. (QUESS:NSI), a Bengaluru, India-based staffing provider, reported revenue yesterday after the markets closed of INR 30.0 billion (USD 411.1 million) for the fourth quarter ended 31 March 2021, flat when compared to the same period last year.

 

(INR millions) Q4 2021 Q4 2020 ...


India – Hiring activity soars in May, but some sectors yet to recover to pre-Covid levels

4 June 2021

Hiring activity in India grew by 125% in May 2021 against May 2020 when the pandemic first hit the jobs market, according to the latest Naukri JobSpeak Index.

While most sectors still have to recover to pre-pandemic levels, year-on-year hiring in the IT-Software sector grew by 200% in May 2021 and has...


World – Employment growth insufficient to make up for the job losses suffered until at least 2023: ILO

4 June 2021

Employment growth will be insufficient to make up for the losses suffered from the Covid-19 crisis until at least 2023, according to a new assessment by the International Labour Organisation (ILO).

The ILO’s World Employment and Social Outlook: Trends 2021 projects the global crisis-induced ‘jobs...


India – IT sector could drive white-collar job market this year (Economic Times)

4 June 2021

In the last two weeks of May India saw a significant spike in white collar IT sector hiring, reports the Economic Times, citing a statement from Kamal Karanth, Co-Founder, staffing firm Xpheno. According to Karanth, it is clear that the IT sector is going to be driving the job growth this year as it...


Malaysia – Online recruitment soars 49% in April: Monster Employment Index

3 June 2021

Online recruitment in Malaysia climbed by 49% in April 2021 when compared to April 2020, according to data from the Monster Employment Index.

The Monster Employment Index (MEI) rose to 61 in April 2021 from 41 in April 2020. However, the month-on-month data showed a decline of 2% in online hiring. According...


Singapore – Seasonally adjusted unemployment rate steady in April

3 June 2021

Singapore’s seasonally adjusted jobless rate remained at 2.9% in April 2021, compared to the previous month, according to the Ministry of Manpower’s Monthly Unemployment Situation report.

Broken down, the unemployment rate for Singapore residents and citizens declined further by 0.1% point to 3.9%...


Asia Pacific – Majority of workers in Asia willing to retrain for new job role

3 June 2021

The majority, or 72%, of workers in Asia are willing to retrain for new jobs in any case as they look towards the aftermath of the pandemic. Furthermore, another 25% said that they are willing to retrain should the need arise. This is according to new study from Seek Asia, Boston Consulting Group and...


Thailand – Government approves USD 4.5 billion Covid-19 economic stimulus package (Bloomberg)

3 June 2021

Thailand’s government approved a set of economic stimulus measures worth THB 140 billion (USD 4.5 billion) to counter the impact from the nation’s biggest coronavirus outbreak yet, reports Bloomberg. The measures include cash handouts to welfare-card holders and special groups, co-payments and cash...


Australia – People Infrastructure to acquire Techforce Personnel and Vision Surveys

2 June 2021

Australia-based workforce management company People Infrastructure today announced that it has entered into binding agreements to acquire two companies: Techforce Personnel Pty Limited and Vision Surveys.

Techforce Personnel is a staffing firm that provides casual workers in Western Australia and South...


World – Majority of office workers believe their jobs will evolve in next ten years

2 June 2021

Nearly two-thirds of officer workers globally believe it’s possible their jobs will evolve in the next 10 years, according to a survey from robotic process automation firm UiPath.

The survey suggests upskilling is key to keeping pace with digital transformation. The majority, or 76%, of workers believe...