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Australia-based Go2 Group completes deal with IntoWork Australia following voluntary administration

16 June 2023

Go2 People Ltd. (GO2:ASX), the Australia-based provider of vertically integrated recruitment and training services, announced that its administrators have confirmed that the Deeds of Company Arrangement were completed with control passing to IntoWork effective from 15 June, with the exception of...


Job ads in Australia tumble 22% annually in May, but fall only slightly on monthly basis

16 June 2023

Job ads in Australia slid by 22.0% year-over-year in May 2023, according to the latest Seek Employment Report.

The Australian job board’s report also showed that on a monthly basis, job ads decreased by 0.6%. This was the fourth consecutive monthly fall.

At the same time, applications per job ad rose...


Total Q1 employment in Singapore rises as labour market continues growth

16 June 2023

Singapore’s labour market continued to grow in the first quarter of 2023 when compared to the prior quarter. Total employment expanded for the sixth consecutive quarter, according to data from the Ministry of Manpower Singapore.

Total employment (excluding Migrant Domestic Workers) expanded by 33,000...


G20 GDP growth accelerates in Q1 2023 with quarterly growth led by China and India

16 June 2023

Gross domestic product (GDP) in the G20 area grew by 0.9% quarter-on-quarter in the first quarter of 2023 according to provisional estimates from the Organisation for Cooperation and Development, up from 0.4% in the previous quarter.

When compared to Q1 2022, GDP grew even higher (2.7%). The highest growth...


Australia’s seasonally adjusted unemployment rate improves to 3.6% in May

15 June 2023

Australia’s seasonally adjusted unemployment rate fell 0.4% to 3.6% in May 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 fell by 0.1%.

In May 2023, the number of unemployed...


Philippines unemployment rate falls to 4.5% in April

15 June 2023

The unemployment rate in the Philippines stood at 4.5% in April 2023, down from 5.7% in April 2022, according to research from the Philippine Statistics Authority. The 4.5% rate is a preliminary estimate.

The unemployment rate in April 2023 was also down from the 4.7% rate seen in March 2023.

The estimates...


AI technologies will impact a quarter of Hong Kong’s workforce, study finds (South China Morning Post)

15 June 2023

About a quarter of Hong Kong’s workforce, or 800,000 workers, will find themselves unemployed or having to change career in the next five years as artificial intelligence (AI) takes over their jobs, reports South China Morning Post, citing a study by Hong Kong recruitment firm Venturenix. Data entry...


India needs skilled workforce of at least 8 million to fully leverage 5G tech in India: TeamLease (The Economic Times)

15 June 2023

India needs a minimum of 8 million skilled people by 2025 to use the recently rolled out 5G services to their full potential, reports The Economic Times, citing a report from TeamLease Services. The report highlights the role 5G can play in terms of job creation and in upskilling individuals. TeamLease...


Humanforce completes acquisition of Australia-based HR tech firm IntelliHR

14 June 2023

Humanforce, an Australia-based global provider of workforce management (WFM) and payroll solutions, today announced the completion of its acquisition of intelliHR, an HR tech SaaS (software-as-a-service) company also based in Australia.

The acquisition is worth over AUD 77 million (USD 52.3 million) and...


South Korean temporary workers down 3.3% in May as seasonally adjusted unemployment rate improves to 2.5%

14 June 2023

The number of temporary workers in South Korea fell by 3.3% year over year to approximately 4.7 million in May 2023, according to data released by Statistics Korea.

When compared to the previous month, the number of temporary workers rose slightly by 1.43% in May 2023. The temporary employment data is...