At the end of 2020, resident employment increased by 28,900, rising for the second consecutive quarter after growing 43,200 in 3Q.
A recent government press release showed that the manufacturing and service sectors created the most jobs in the country over the last decade.
Multi-ministry COVID-19 taskforce co-chair and education minister Lawrence Wong has said a total work-from-home arrangement is “not doable”.
The human resources ministry said the country’s employment situation improved quarter by quarter in 2020, exceeding expectations.
A strong, effective and sustainable lending mechanism is important to remove credit barriers facing SMEs.
A survey by the Ministry of Labour (MOL) found that 71.2% of workers were generally satisfied with their jobs, with 3.7% being dissatisfied.
The government’s strategy to mitigate the effects of the pandemic should be to upskill or reskill workers instead of continuing to pay wage subsidies.
The Korea Employment Information Service (Keis) said South Korea’s income gap increased by 4% year-on-year in 2020 due to the fallout from COVID-19.
Twenty-five MPs have appealed to the government to implement six months of automatic loan moratorium to save jobs.
To overcome the fallout from the pandemic, Indonesia has urged fellow ASEAN member countries to accelerate digitalisation.
Lawmakers are proposing heavier disciplinary measures on workplaces which violate workplace safety in an effort to enhance risk management.
Member of the Japan House of Councillors Kuniko Inoguchi is backing a bill that would give workers a four-day work week.
Labour minister Law Chi-Kwong said the proposal to gradually increase the number of statutory holidays from 12 to 17 by 2030 is “most acceptable”.
The Social Security Organisation (Socso) has committed to the quick implementation of the Permai financial package.
Twenty-nine organisations from the Trade Associations & Chambers (TACs) have pledged their support for fair hiring and employment practices.
The government is considering whether some activity under the manufacturing sector should also have the flexibility to work from home (WFH).
To help workers laid off due to the recent resurgence of COVID-19, the Labour Ministry has compiled a list of 58,151 job openings.
Though the overall unemployment rate is falling, hiring is not likely to surge in the short term.
Prime Minister Narendra Modi said the government will initiate a seed fund for startups of Rs10 billion (US$136.3 million).
In Singapore, as more employees head back to the office, giving them more flexibility over work arrangements can boost their mental well-being.
An OECD report has calculated that by 2050, Japan’s working-age population would have declined to 61.8%.
Finance minister Arkhom Termpittayapaisith has proposed for 210 billion baht (US$7 billion) to be given as cash handouts to individuals and companies.
Senior minister Tharman Shanmugaratnam said the country needs to raise the salaries of workers at the bottom of the ladder.
Employment figures in the industrial and service sectors increased for the sixth consecutive month in November.
Corporate workers can now search for jobs at schools in a new section of the education ministry’s website.
Fearing that their businesses will not be able to operate at full capacity, some employers remained silent about staff testing positive for the virus.
The National Employment Agency (NEA) is preparing 20,000 jobs in the kingdom for migrant workers returning from Thailand.
The finance ministry plans to hand out 4.1 trillion won (US$3.7 billion) in emergency cash to people affected by the third wave of the coronavirus.
Hong Kong’s government is offering companies a grant of HK$10,000 (US$1,290) for each recent college graduate they employ.
Enterprise Singapore (ESG) aided businesses by loaning S$17.4 billion (US$13.2 billion) last year, as many companies struggled because of the pandemic.