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World – LinkedIn cuts over 700 jobs as it phases out China app

9 May 2023

LinkedIn’s CEO said on Monday it would cut 716 jobs amid ‘shifts in customer behaviour and slower revenue growth’. The company will also shut down its China-focused job application, according to a LinkedIn post by CEO Ryan Roslansky.

In message to employees, Roslansky said, “Over the years we've...


Malaysia – Online recruitment up 2.6% in March with Hospitality industry leading the way

9 May 2023

Malaysia recorded a 2.6% year-on-year growth in online recruitment activity in March 2023 when compared to the same month a year ago, according to the foundit Insights Tracker (fit), formerly published as Monster Employment Index (MEI).

The tracker’s index rose to 78 in March 2023, this was up from...


Philippines – Unemployment rate improves to 4.7% in March

9 May 2023

The unemployment rate in the Philippines stood at 4.7% in March 2023, down from 5.8% in March 2022, according to research from the Philippine Statistics Authority. The 4.7% rate is a preliminary estimate.

The unemployment rate in March 2023 also edged downward from the 4.8% rate seen in February.

The 4.7%...


Hong Kong – Statutory minimum wage goes into effect

5 May 2023

Hong Kong’s statutory minimum wage went up to HKD 40 (USD 5.10) effective 1 May, the Hong Kong Labour Department announced.

The Hong Kong Special Administrative Region said in a statement that the minimum wage applies to all employees whether they are monthly-rated, daily-rated, hourly-rated, permanent,...


World – Employee wellbeing ranked the highest in Asia Pacific as more companies increase in wellbeing initiatives

5 May 2023

Overall employee wellbeing ranked highest in Asia Pacific compared to other regions, with 49% of companies in APAC describing it as ‘excellent’ or ‘very good’, slightly higher than the global average of 46%, according to a survey from Aon on employee wellbeing.

Aon says the 49% figure could be...


Australia – Annual living expenses for workers reach all-time high, outpacing inflation

5 May 2023

Annual living expenses for working Australians have reached an all-time high and record-high mortgage interest rates were mostly to blame, according to the latest data from the Australian Bureau of Statistics.

The report showed that all annual living cost indices have risen between 7.1% to 9.6%, exceeding...


Taiwan – Cabinet approves youth employment programme (Focus Taiwan)

5 May 2023

Taiwan’s Cabinet yesterday approved the second phase of a cross-agency youth employment program, under which TWD 16 billion (USD 521.8 million) will be earmarked to help 800,000 young people obtain jobs over the next four years in industries experiencing labour shortage, reports Focus Taiwan. The second...


India – Ciel Group revenue up 57% in FY 23, plans to raise up to $24.5 million in FY 2023-24 for acquisitions

4 May 2023

Ciel Group, a staffing firm based in India, report revenue of INR 8.15 billion (USD 99.8 million) for the full year 2022-2023, up 57% on the INR 5.20 billion (USD 63.7 million) recorded in FY 2021-2022.

According to Ciel Group executive chairperson K Pandiarajan, the group also reported EBITDA growth...


Australia – Job ads down 5.4% in April as labour market tightness continues

4 May 2023

Job advertisements in Australia fell by 5.4% year-on-year in April 2023 on a seasonally adjusted basis, according to ANZ-Indeed Job Ads data published on ANZ Bank.

When compared to the previous month, job ads fell 0.3% in April 2023. ANZ Bank noted that the figure is only 0.8% below the recent peak in...


Australia – Ageism keeping older people out of the workforce, study finds

4 May 2023

Ageism is blocking older people in Australia from the workforce, according to survey findings by the Australian HR Institute and the Australian Human Rights Commission of HR professionals about attitudes to older workers.

The survey found one in six organisations will not consider hiring people aged 65...