With digitalisation key to economic recovery, the region will need to upskill its workforce quickly to tackle barriers to digital adoption, said the WEF.
As more cloud-based services and smaller system projects are put out, barriers of entry for SMEs are lowered, said the government.
The unemployment rate for youths aged 15 to 24 reached a 10-month low of 12.8% in April, falling by 3,800 to 357,200 over the month.
While the number of female workers has continued to rise, about 260,000 women aged 25 to 64 remain outside the labour force.
This will provide financial support for employees and their families when necessary, said the Social Security Organisation.
The key to a successful hybrid working arrangement is taking advantage of the strengths of both in-person and virtual engagement, says Tim Cook.
It is essential to attract the right foreign workforce who will bring in the skills to complement the local workforce, said the Manpower Minister.
A new report found that challenges New Zealand firms face include plugging the skills gap, retaining staff, attracting, and hiring talent.
In response, several business groups have urged the government to come up with appropriate support measures for firms that require financial assistance.
The Ministry of Manpower expects unemployment to stay low amid a tight labour market and high demand for workers.
Growing awareness about the climate crisis has also changed how people define value in business, and what values a company upholds.
The country’s Fair Work Commission will rule this month on a wage rise for the nation’s lowest-paid workers.
The labour supply in the country remains limited and unable to meet demand despite the recovery of many industries.
The former Manpower Minister of Singapore will lead NTUC LHUB’s ongoing initiatives in upskilling and uplifting the Singapore workforce.
A new programme aims to share information and experiences on policies and global practices relating to gig and platform workers and their social security.
Users would be able to access curated learning paths such as role- and competency-based paths designed to move them toward aspirational jobs.
Taiwan’s government has been urged to provide subsidies for parents who miss work due to caregiving responsibilities.
Companies will not have to publish how much their workers earn, only the difference in wages between male and female workers.
The workplace is a very important part of people’s social circles, and a natural touchpoint to encourage habit changes, said Singapore’s health minister.
This comes as work hours globally have fallen in Q1’2022 by 3.8%, as compared to Q4’2019, an equivalent of 112 million full-time jobs.
The government plans to offer workers relearning opportunities and new jobs, based on measures worth ¥400 billion over three years.
MSMEs account for over 99% of the country’s registered businesses, and generate about 63% of total jobs.
Others are adopting hybrid working arrangements, allowing workers to commute to coworking spaces nearby instead of company headquarters.
The four-day workweek has been advocated by some organisations, as a platform that can boost a better work-life balance.
The private sector, the government and non-governmental organisations have been urged to improve skills and promote women leadership.
The number of jobs reached 19.97 million in the fourth quarter, up 376,000 year-on-year, according to official data.
The upcoming Labour Party summit will discuss these topics, potentially paving the way for reforms such as wage theft legislation.
Higher pay, more job fulfilment and wanting to be “truly themselves” at work are the factors pushing workers to change jobs, a survey has highlighted.
The unemployment rate declined to 1.53% in Q1’2022, from 1.64% in Q4’2021, and 2.25% in Q3’2021, the lowest rate since the pandemic began.
Some 1.3 million people changed jobs during the second year of the pandemic, an increase of 300,000 year-on-year.