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

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

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...

China – Digital talent gap widens amid push for smart sectors (South China Morning Post)

China’s digital talent shortage is worsening as demand grows amid deepening economic restructuring, reports the South China Morning Post, citing studies by Zhaopin, Deloitte and Renrui HR. According to Zhaopin, smart manufacturing sector job listings rose by about 54% in 2022 from the previous year...

World – Global labour market to shed 14 million jobs in the next five years: World Economic Forum

Employers globally anticipate a structural labour market churn of 23% of jobs in the next five years with an expected structural job growth of 69 million jobs and a decline of 83 million jobs. This corresponds to a net decrease of 14 million jobs, or 2% of current employment, according to the World Economic...

Singapore – Layoffs on the rise but unemployment remains low in Q1

While Singapore’s employment grew for the sixth consecutive quarter and unemployment rates remaining low, the number of layoffs continued to rise in the first quarter of 2023, the Ministry of Manpower reported Friday.

Overall, the Ministry said its advance estimates showed that the labour market continued...

New Zealand – Seasonally adjusted unemployment rate edges up to 3.4% in March quarter

New Zealand’s seasonally adjusted unemployment rate edged up to 3.4% in the March 2023 quarter up from 3.2% in the same period a year ago, according to research from Statistics New Zealand.

When compared to the previous quarter (December 2022 quarter) the unemployment rate was unchanged.

The underutilisation...

Japan – Job-to-applicant ratio for university graduates in Japan returning to pre-pandemic levels

The outlook for hiring fresh college graduates in Japan is on the upswing and returning to pre-pandemic levels, according to a survey from research giant Recruit Works Institute, part of Japanese staffing giant Recruit Holdings.

The job-to-applicants ratio for undergraduate and graduate students scheduled...

Australia – Go2 People enters voluntary administration

Go2 People Ltd. (GO2:ASX), the Australia-based provider of vertically integrated recruitment and training services, announced that it has entered voluntary administration.

The announcement comes after the group announced last week that its securities would be suspended from quotation immediately...

Japan – Number of non-regular workers, including temps, up 1.1% in March

The number of Japan’s non-regular employees, which includes temporary workers, dispatch workers, contractors, part-time workers and others, totalled 21.01 million in March 2023, up 1.1% when compared to the same period a year ago, according to data from Statistics Japan.

Meanwhile, the number of ‘dispatched...

India – White-collar job demand falls in April, but non-tech sector hiring remains robust

White-collar job demand in April across India declined by 5% compared to the same month last year with 2,715 job postings, according to the latest Naukri JobSpeak Index published in the Press Trust of India.

The Naukri JobSpeak is a monthly index representing the state of the Indian job market and hiring...