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World – Is LinkedIn a threat to recruitment agencies?

9 September 2013

With 238 million professional members worldwide, LinkedIn Corp. (NYSE:LNKD) is a powerful recruitment tool. And there is an obvious risk of substitution for a professional recruitment agency, according to istockanalyst.com.William Vanderpump, an analyst at Swiss-based global financial services co...


Australia – Job adverts fall for sixth consecutive month

9 September 2013

There are signs of further weakness in Australia's labour market, as the number of jobs advertised fell for the sixth month in a row. The latest ANZ job advertisements survey shows the number of positions advertised online and in newspapers fell by -2% in August. The number of job ads is now just...


New Zealand – Labour market gaining momentum

9 September 2013

New Zealand’s labour market continues to gain momentum with a boost of 91,000 jobs advertised in the last four months, according to voxy.co.nz. Data released by SEEK today shows confidence is growing with an increase of almost 8,000 roles advertised on seek.co.nz in the four months to August comp...


Japan – Employment referees still have an important role to play

9 September 2013

Referees are still very relevant in today’s jobs market despite the explosion of social media and online recommendations, says recruiting experts Hays in Japan. Online recommendations are great for showing the skills you are best known for but they are not a substitute for the role references pla...


World – Robert Walters continues positive growth in H1

6 September 2013

Professional recruiter Robert Walters (RWA: LSE) today reported that revenue for the six months to 30 June 2013 was £288.8 million, an increase of +5% from £275 million for the same period last year. Profit for the six month period was £2.4 million, up +20% from £2.0 million a year ago.CEO, Rober...


World – Korn/Ferry revenue up in all business segments

6 September 2013

Executive Search firm Korn/Ferry International (KFY: NYSE) announced total revenue of USD 237.6 million for the first quarter ending 31 July 2013. Revenue for the period increased +21.2% compared to USD 196 million for the same period last year. Fee revenue for the first quarter of 2014 increased...


Japan – WDB Holdings downgrades results forecast

6 September 2013

Recruitment and human resource services firm WDB Holdings (2475: JP) has downgraded its outlook for the second quarter of the year ending 30 September 2013. Operating revenue for the period had been predicted to reach JPY 12.6 billion (USD 126.3 million), the expectation now is that revenue will...


China – Apple accused again of mistreating workers

6 September 2013

A new undercover investigation by China Labour Watch (CLW) revealed a series of ethical and legal labour violations in a factory in Wuxi, China owned by U.S. electronics manufacturer Jabil Circuit that is currently producing the soon-to-be-released iPhone for Apple.This marks the second time in t...


China – Labour dispatch laws impacting banks

5 September 2013

In its recent financial statement, the China Construction Bank (CCB) reported that it had terminated 1,977 dispatch workers during the first half of 2013, according to finance.china.com. In the past year, CCB has reduced its workforce by 6,597 dispatch workers. At the end of June 2013, CCB had an...


Middle East – Competitiveness report highlights job creation

5 September 2013

The Arab World Competitiveness Report 2013 highlighted job creation as the major economic challenges for leaders in the Middle East. Among the 13 countries included in the report; Qatar, Saudi Arabia, and the United Arab Emirates are leading in overall competitiveness.The challenges continuing to...