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Hiring in India cools in small cities as talent availability rises across metros (Live Mint)

13 June 2023

Recruitment in India’s smaller cities have fallen from the previous year’s levels, as the availability of qualified talent rises in the metros, reports Live Mint, citing executives in the recruitment industry. The worst decline was seen in the IT and outsourcing, manufacturing and engineering, and...


Gakujo H1 revenue rises 48.8% as profits report improvement

12 June 2023

Japanese recruitment firm Gakujo Co. (2301: JP) reported revenue for the first six months ended 30 April 2022 of JPY 2.16 billion (USD 23.1 million), down 2.1% compared with last year.

(JPY million) H1 2023 H1 2022 Change H1 2023 (USD million)
Revenue 3,217 2,161 48.8% ...


104 Corp monthly revenue rises 15.17% in May

12 June 2023

104 Corp. (3130:TAI), a Taipei-based firm that provides online job advertising, announced a business update on Friday.

The firm reported consolidated revenue for May 2023 was TWD 210.4 million (USD 6.8 million), up 15.17% compared to the same period in 2022.

The accumulated revenue for the year totalled...


Info Edge sells stake in Unhappily Married to VLCC Health Care

12 June 2023

Indian job board Info Edge is selling Happily Unmarried (Ustraa), a lifestyle brand which sells grooming products, to VLCC Health Care Limited, a provider of beauty and wellness services also based in India.

Info Edge agreed to sell its entire shareholding in Happily Unmarried, held through its wholly...


India's unemployment and labour participation rates fall (The Economic Times)

12 June 2023

The unemployment rate in India fell to 7.7% in May due to a decline in the labour participation at 441.9 million, reports The Economic Times, citing data by private economic think tank Centre for Monitoring Indian Economy (CMIE). The unemployment rate in India among people aged 15 years and above fell...


Artner Q1 revenue and profits up, demand for engineers recovers

8 June 2023

Japanese recruitment firm Artner Co Ltd (2163: JP) yesterday reported revenue for the first quarter ended 30 April 2023 of JPY 2.49 billion (USD 17.9 million), an increase of 11.7% compared to the same period last year.

(JPY millions) Q1 2023 Q1 2022 Change Q1 2023 (USD millions)
Revenue ...


Airtasker sells 20% of UK subsidiary for £3.5 million to 4 Ventures

8 June 2023

Australia-based B2C talent platform Airtasker announced Thursday that 4 Ventures, the venture arm of the UK’s Channel Four Television and a media-for-equity partner, will invest AUD 6.5 million (£3.5 million) for a 20% stake in Airtasker UK, the company’s UK subsidiary.

Airtasker said the investment...


Cyber security skills shortage threatens organisations’ defence strategies: Hays

8 June 2023

A shortage of cyber security skills is impacting the defence strategies of organisations worldwide, according to a new report from Hays.

The Hays Global Cyber Security Report 2023 features the insights of over 1,000 cyber security leaders, from manager level to those in the C-suite, across 27...


ESG jobs in India soar (The Economic Times)

8 June 2023

Jobs related to the environmental, social and governance (ESG) sector have increased more than 223% in India from April 2019 to April 2023, reports The Economic Times, citing research from Indeed. The most significant increase in ESG job postings on Indeed’s platform occurred between April 2021 and...


World – OECD forecasts slight GDP recovery in 2024

8 June 2023

The global economy has begun to improve, but the recovery will be weak, according to the latest Economic Outlook by the Organisation for Economic Cooperation and Development (OECD).

The Economic Outlook projects a moderation of global GDP growth from 3.3% in 2022 to 2.7% in 2023, followed by a pickup...