Ignite Q2 revenue falls 9% as gross profit declines 23%

Australian recruitment firm Ignite (IGN:ASX) reported revenue fell 9% in the second quarter ended 30 June 2023 to AUD 25.90 million (USD 17.5 million).

The group's unaudited Quarterly Activity Report said Q2 revenue fell due to previously moving away from high volume, low margin assignments.

Ignite also...

New Zealand job ads tumble 21% in June amid economic recession

Job ads across New Zealand fell by 21% in June 2023 compared to June 2022, according to the latest research by Seek New Zealand.

New Zealand's economy fell into a recession in June after the country's central bank hiked interest rates to a 14-year high.

Seeks' data also found that Gisborne and Marlborough...

Proposed Australian reforms aim to give casual workers pathway to permanent work

Australia’s labour government announced that as part of its next set of workplace reforms, it will ensure that eligible casual workers who want to become permanent workers can do so.

As part of the reforms, the government said it would legislate a fair, objective definition to determine when an employee...

‘AI can’t replace creativity yet’ Freelancer.com CEO says

Matt Barrie, Chief Executive Officer and founder of Australia-based Freelancer.com said ‘AI can’t replace creativity yet’. 

It comes as Freelancer.com published new figures revealing a surge in freelance creative writing jobs, growth in business marketing activities, and an increase in on-site...

Vietnamese hiring demand falls in H1 and set to continue facing difficulties, Adecco finds

Despite expectations to recover, the labour and employment market in Vietnam in the first six months of 2023 did not see much improvement. As recorded by Adecco Vietnam, the overall hiring demand decreased by more than 30% compared to the same period last year when the economy resumed after the impact...

New Chinese regulation focuses on reigning in HR and employment agencies (China Daily)

China recently released its first regulation on the management of human resources agencies to tighten supervision of their operations and secure a safer job market for the public, reports China Daily, citing the Ministry of Human Resources and Social Security. The regulation applies to human resources...

One in four university students use ChatGPT for job searching: Persol

Approximately one in four of 3rd and 4th year university students (26.5%) have used ChatGPT for job hunting, according to research from Persol.

The research showed that the top use of the service while job hunting was to ‘create reasons for wanting to work at a company’ (63.6% cited this). Meanwhile...

Recruitment agencies use illegal student visa scheme to lure migrant workers to the Philippines, government warns (PhilStar Global)

The Department of Migrant Workers (DMW) in the Philippines has warned overseas jobseekers against an illegal student visa scheme by recruitment agencies, reports PhilStar Global. DMW Undersecretary Hans Leo Cacdac said there are recruitment companies that are offering overseas jobs and require exorbitant...

Online platform companies create at least 200 million jobs amid unemployment crisis (South China Morning Post)

China’s internet platform companies employ at least 200 million people, including both full-time employees and gig workers, showing the sector’s vital importance to the country’s economic and social stability, reports The South China Morning Post, citing a report by a Beijing-based venture capital...

AI job vacancies on the rise in Taiwan, AI skills could boost salaries (Taiwan News)

AI-related job vacancies in Taiwan have surpassed 26,000, reports Taiwan News, citing job ads from 104 Corp. Among the openings, 60% are related to IT, software, and semiconductor industries, 20% in manufacturing, and 10% in retail, accounting, and other sectors. Demand is also high for marketing specialists,...