Australian job ads down 7.7% in August as economy expected to cool

Job advertisements in Australia decreased by 7.7% year-on-year in August 2023 on a seasonally adjusted basis, according to ANZ-Indeed Job Ads data published on ANZ Bank.

The 7.7% decrease is an improvement from the 8.9% annual fall reported in July.

ANZ-Indeed Australian seasonally adjusted job ads rose...

Vocational training key to meeting increasing demands for skilled workers and adapting to a changing labour market: OECD

Boosting access to vocational training will be critical to ensure more young people can meet increasing demands for skilled workers and adapt to and benefit from the profound changes spurred by the green and digital transformations, according to a study by the Organisation for Economic Co-operation and...

Australian labour hire firm accused of providing unlicensed labour hire services, and underpaying workers

The Labour Hire Authority alleges that Cameron Workforce provided unlicensed labour hire services, and underpaid and provided substandard accommodation to workers picking grapes and chestnuts in the Benalla region in the state of Victoria, Australia.

The undertaking follows a freezing order issued by...

Malaysia’s unemployment rate improves to 3.4% in July, employment growth ticks up 2.2%

The unemployment rate in Malaysia stood at 3.4% in July 2023, down by 0.3% from a year earlier, and unchanged from the previous month, according to the latest statistics from the Department of Statistics Malaysia.

In July 2023, the number of unemployed persons continued to decline over the month, falling...

Gakujo 9-month revenue climbs 39% while profits show growth

Japanese recruitment firm Gakujo Co. (2301: JP) reported revenue for the nine months ended 31 July 2022 of JPY 5.76 billion (USD 39.2 million), up 39.2% over the same period a year ago.

Indian online recruitment sees fall in August with decreases in IT, hardware and software

Online hiring in India reported a 5% drop in August 2023 compared to August 2022, according to the latest foundit Insights Tracker.

The hiring index decreasing from 275 in August 2022 to 260 in August 2023. Foundit noted that July 2023 also saw a 5% annual decrease.

In a month-to-month analysis, there...

New Zealand’s filled jobs hitting tenth consecutive month of growth

The number of filled jobs in New Zealand went up by 1.1% on a seasonally adjusted basis in the quarter ended June 2023 when compared to the previous quarter (March), according to data from Statistics New Zealand.

The 1.1% quarterly increase is the same as the quarterly increase seen in the March 2023...

Persol to invest in Indian blue-collar staffing platform Qikwork

Persol Holdings announced it will invest in Qikwork Services Private Limited which operates the Smartstaff blue-collar staffing platform based in India.

The investment was made via Persol Venture Partners (formerly the Persol Innovation Fund), which leads the group in investment to create new businesses...

South Korea unemployment rate improves to 2.7% in July

The unemployment rate in South Korea stood at 2.7% in July, down 0.2% year-on-year, according to data from Statistics Korea.

The data showed that the number of unemployed persons totalled 807,000 people in July, which decreased 30,000 persons or 3.5% year-on-year.

At the same time, the number of employed...

Australia scraps pandemic visa for international students and temporary workers (The Economic Times)

The Australian government announced that it will stop issuing Pandemic Event visas beginning February 2024. This move will affect a sizable number of international students and temporary workers scrambling for other options to remain in the country, reports The Economic Times. The visa, Subclass 408,...