Freelancer Q3 cash receipts rise 1.2% despite decline in Escrow.com

Freelancer Limited (FLN: ASX), which operates the Australia-based Freelancer.com talent platform, reported group cash receipts for the third quarter ending 30 September 2022 of AUD 13.7 million (USD 8.7 million), up 1.2% on the previous corresponding period.

The Freelancer Group primarily consists of...

Airtasker Q1 revenue up 5.6% as it delivers positive EBITDA

Australia-based talent platform Airtasker reported revenue today for the first quarter ended 30 September 2023 of AUD 11.1 million (USD 6.7 million), up 5.6% over the prior year period. Airtasker primarily services the B2C market allowing consumers to hire freelancers to complete tasks, although businesses...

Australia’s unemployment rate remains steady at 3.6% in September amid a tight labour market

Australia’s seasonally adjusted unemployment rate stood at 3.6% in September flat when compared to the same period last year, according to the latest data from the Australian Bureau of Statistics.

On a monthly basis, the seasonally adjusted unemployment rate declined by 0.1%

The total number of unemployed...

Ministry of Manpower introduces mandatory hourly breaks for some outdoor workers during hotter weather (Channel News Asia)

The Ministry of Manpower (MOM) in Singapore introduced new rules that aim to protect outdoor workers from the risks of heat stress, reports Channel News Asia. Among these enhanced measures, which take effect immediately, is a compulsory 10-minute break every hour for workers carrying out ‘heavy physical...

Ignite Q1 revenue down 9% due to shift in focus away from high volume, low margin assignments

Australian recruitment firm Ignite (IGN:ASX) reported revenue on Friday of AUD 26.3 million (USD 16.5 million) for the first quarter ended 30 September 2023, down 9% compared to the same period last year, according to the company’s quarterly activity report.

Gross profit of AUD 3.03 million (USD 1.90...

Seek job ads slide 25% in September but remain higher than pre-Covid levels

Job ad volumes in New Zealand fell by 25% in September 2023 when compared to the same period a year ago, according to data from job board Seek.

The 25% annual decline is a very slight improvement over the 26% decline seen in August.

On a monthly basis, after a slight rise in job ads in August, job ads...

Australian payroll jobs up 2.4% in September but labour market may see slowdown

Payroll jobs in Australia increased by 2.4% over the 12 months leading up to 16 September 2023, according to the Australian Bureau of Statistics.

The 2.4% annual increased was a comedown from the 2.7% annual growth reported up to mid-August 2023.

“This suggests that labor market growth may be beginning...

Hong Kong jobless rate improves to 2.8% in September quarter

Hong Kong’s seasonally adjusted unemployment rate improved to 2.8% in the period from July to September 2023, from 3.9% during the same period a year ago, according to the latest labour force statistics published by the Census and Statistics Department.

The seasonally adjusted unemployment rate was...

Seek job ads plunge 18.5% in September but remain above pre-Covid levels

Job advertisements in Australia tumbled by 18.5% year-on-year in September 2023, according to data from job board Seek.

When compared to the previous month, job ads decreased by 1.8% in September 2023.

Job ad volumes in September 2023 remain 17.1% higher than September 2019 levels. All states and territories...

Majority of overseas Filipino workers plan to return home in five years (The Manila Standard)

About 62% of overseas Filipino professionals plan to relocate back home within the next five years, due to personal reasons such as to take care of aging parents and be closer to family, reports The Manila Standard citing research from Robert Walters. The 62% figure represents an increase from 2021,...