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Japan – Yume Technology improves profitability

31 October 2013

Japanese staffing firm Yume Technology (2458: JP) reported revenue of JPY 3.53 billion (USD 35.9 million) for the year ending 30 September 2013, a drop of -5.9% compared with JPY 3.75 million (USD 38.2 million) last year. The company reported an operating profit of JPY 276 million (USD 2.8 millio...


South Africa – Adcorp acquires Australian workforce management firm

31 October 2013

Workforce management group, Adcorp, announced today that it has offered a base purchase consideration of AUD 44.8 million (USD 42.5 million) to acquire 100% of Labour Solutions Australia (LSA), an Australian workforce management firm providing staffing solutions across blue and white collar roles...


World – Attitudes to workplace stress vary

31 October 2013

A survey by Antal International, of more than 17,000 companies in the client base of global recruiter, has highlighted the radically different approaches to workplace stress in key employment markets around the world.The research suggested that in the UK stress is seen as a legitimate and increas...


World – CDI Corp struggled in some markets during Q3

30 October 2013

The US-based engineering and technology service firm CDI Corp (CDI: NYSE) reported revenue of USD 277.9 million for the three months ending 30 September 2013, compared with USD 279.4 million last year. This equates to a year-on-year drop of -0.5%.Gross profit for the period also reported a declin...


Singapore – Labour movement wants breakthrough in low-wage workers pay

30 October 2013

The labour movement in Singapore wants low-wage workers to achieve breakthroughs in pay elevation next year through its progressive wage model, reports Channel News Asia. The plan is to launch accreditation schemes, by sector, to make progressive wages the norm for over 100,000 low earners. ...


Hong Kong – Skills shortages threaten public safety

30 October 2013

Amidst growing skills shortages and concerns over a declining population, approximately 100 technical and surveying officers at the Buildings Department will stop work for one hour on 31 October 2013 in a symbolic protest against manpower shortages, reports the Hong Kong Standard.Liu Fuk-hing, Vi...


Singapore – Policy on foreigners must be sustainable

30 October 2013

Addressing a gathering of French business in Paris, Prime Minister Lee Hsien Loong advised that Singapore has to manage the complex issue of foreign workers and immigration carefully, reports the Strait Times.It has to be done in a way that is "sustainable over the long term for our society,...


Malaysia – English language skills a recruitment barrier

30 October 2013

Employment prospects for graduates in Malaysia who are not proficient in English remain dim, reports to The Star. Many graduates lack the skills to speak and write in English, which is resulting in job vacancies; particularly in the digital, marketing, and creative sectors, to go unfilled.Reema B...


Japan – Outsourcing Inc. reports Q3 growth

29 October 2013

Japanese firm Outsourcing Inc. (2427: JP) reported revenue for the third quarter ending 30 September 2013 of JPY 33.6 billion (USD 344.1 million), an increase of +8% compared with JPY 31.1 billion (USD 318.5 million) for the same period last year.The company reported an operating income for the p...


World – Temporary employment – a global economic engine

29 October 2013

During 2011 there were 46 million people working in a temporary capacity, the equivalent of 12.4 million full time workers, according to the International Confederation of Private Employment Agencies (Ciett). They were employed by 140,000 private employment agencies that operated in 179,000 branc...