Future worker shortage from falling birth rates should be bigger worry than AI replacing jobs, says Eric Schmidt, former Chief Executive of Google.
With the evolution of the workplace, HR leaders must recognise and embrace both opportunities and challenges.
Day 2 of the HR Tech Festival Asia 2023 is jam-packed with presentations and innovations that will shape the way organisations work in 2023 and beyond.
Winners of the HR Tech Festival Asia 2023 were recognised for setting the benchmark of excellence and innovation in the HR industry.
Organisations need to understand the employee experience and take action on the moments that have the biggest impact on engagement.
Organisations should not neglect the human potential in their employees, even as technologies continue to impact and change the way we work.
While employees remain confident that their employers will support them during uncertain times, job and income stability are paramount.
Although jobs will be lost to generative AI, this will be compensated by the creation of new jobs and higher productivity, says Goldman Sachs.
The announcement comes as the tech company prepares to lay off 10% of its workforce through the end of the fiscal year.
While hiring sentiments remain positive, momentum in the labour market is expected to ease, says the Ministry of Manpower (MOM).
Josh Bersin discusses how organisations can manage layoffs more effectively, even in uncertain economic times.
While employment continued to grow in Q3’2022, the Ministry of Manpower expects this momentum to be stunted in the months ahead.
Those who are curious about how the world works and their role in it are likely to innovate at the workplace, said CEO Adam Selipsky.
With people key for organisational success, attracting and retaining the best talent is on the agenda of every HR and business leader heading into 2023.
Job training and reskilling are measures that can be taken to create more employment opportunities in 2023, says business group.
Although employment grew in Q3’2022, global conditions are likely to create an uncertain labour market in the coming months.
While the unemployment rate has fallen below pre-pandemic levels, the Ministry of Manpower (MOM) has cautioned against looming economic uncertainty.
Despite the loss, Forrester expects the green economy to help make up for some losses as more countries commit to carbon neutrality.
The number of working people aged 15 and above hit 51.4 million in 1H2022, marking a 400,000 year-on-year rise.
The unemployment rates in May stayed unchanged from the month before, and the likelihood of a downturn remains low.
Many workers who lost their jobs were able to find new employment within six months due to the availability of positions.
Fresh data has revealed that Australia’s job market continued to strengthen as the unemployment rate remains at a historic low.
A government bill has been passed to allow employers to sack workers who refuse to receive a COVID-19 vaccination without a reasonable excuse.
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.
The city is pushing out two measures for alleviating the financial burden on seven key industries seriously affected by the pandemic.
The Ministry of Manpower expects unemployment to stay low amid a tight labour market and high demand for workers.
Malaysia’s labour market momentum escalated in the first quarter of 2022 as both demand and supply ascended further.
The unemployment rate for males declined by 0.2 percentage points to 4%, its lowest level since October 2008.
Amid the prolonged pandemic, 43.1% of firms listed on the country's main and minor bourses slashed the number of their employees last year from 2020.
As the economy continues to recover from the pandemic, the number of retrenchments fell to 1,300, or 0.6 per 1,000 employees from January to March.