Malaysia registers lowest unemployment rate since last April
The jobless rate in the country dropped to 4.3% in October, falling 0.2 percentage point month-on-month and was the lowest since April 2020.
Concern over 7 million underemployed workers in the Philippines
This is defined by the Department of Labour and Employment as workers in part-time roles looking for longer working hours or higher-paying jobs.
Unemployment rate in the Philippines falls month-on-month
The jobless rate fell from 8.9% in September to 7.4% in October as more relaxed pandemic measures allowed people to find work.
Japan’s unemployment rate falls to 2.7% in October
Government data has shown that the country’s jobless rate fell to 2.7% in October, decreasing by 0.1 percentage point month-on-month.
Number of wage workers in South Korea rises in Q2
The number of paid employee jobs rose 3.6% in the second quarter amid signs of the economy’s recovery from the pandemic.
Singapore suffered significant employment losses due to COVID-19
By Q3’21, the total number of people employed had fallen by 196,400, of which 113,500 jobs were lost during the circuit breaker period in Q2’21.
Vietnam disburses cash assistance to over 10.3 million workers
More than VND24.6 trillion (US$1.6 billion) in cash assistance has been disbursed from the unemployment insurance fund.
South Korea registers job growth for eighth consecutive month
The unemployment rate for young adults, aged between 15 and 29, fell by 2.7 percentage points year-to-year to 5.6%.
New Zealand’s unemployment falls to record low in Q3’21
The number of unemployed people declined by 18,000 in the third quarter to 98,000, and marks the lowest unemployment level since 2008.
Unvaccinated workers in Singapore could lose their jobs
From 1 January 2022, workers who refuse to disclose their COVID-19 vaccination status will be treated as unvaccinated.
Hong Kong’s unemployment rate falls to 4.5%
The jobless rate in Hong Kong fell from 4.7% in the June-August period to 4.5% in the July-September quarter, the lowest since the first quarter last year.
China’s urban unemployment rate fell marginally in September
Data showed that the country’s surveyed urban unemployment rate fell 0.5 percentage point to 4.9% in September year-on-year.
Singapore’s unemployment rate falls to 2.7% in August
The overall unemployment rate in August fell by 0.1 percentage point to 2.7% month-on-month, due to a temporary easing of labour demand.
Thailand plans to help SMEs retain workers
A new project will help generate new jobs, maintain employment for about 400,000 workers and subsidise the income of over four million workers.
Malaysia’s wage subsidies saved 2.9 million jobs to date
The allocation of RM18 billion (US$4.3 billion) in wage subsidies has helped 2.9 million workers in the country keep their jobs so far, reports HR minister.
Workers in HCM City to benefit from unemployment insurance allowances
About three million workers in Ho Chi Minh City stand to gain from the unemployment insurance fund with total allowances of about VND6 trillion.
Australia’s casual workers hit hard by COVID-19 lockdowns
From May to August, there was a loss of 175,000 casual jobs, which represented 72% of all the jobs lost across the labour market.
Japan sees first drop in job availability in four months
The country’s job availability fell for the first time in four months in August as the government expanded the state of emergency over more regions.
OECD urges Australia to increase unemployment benefits
It expects that strict lockdowns in New South Wales and Victoria state are likely to see the national economy shrink over the September quarter.
South Korea’s August unemployment rate hits record low
The jobless rate was the lowest since data was published in June 1999, down from July’s jobless rate of 3.3%.
Job vacancies in Singapore hit record high in June
The ratio of job vacancies to unemployed persons rose to above one for the first time since March 2019, with 163 jobs for every 100 unemployed persons.
Almost half of South Korean listed firms cut workforce in H1’21
The proportion of listed companies that performed job cuts was down 51.4% from a year earlier, riding on expectations for an economic recovery.
Singapore mandates firms to notify worker layoffs
From November 1, all businesses in the city-state will have to notify the Ministry of Manpower of all retrenchments carried out.
Singapore’s unemployment rate edges up by 0.2% in July
The resident unemployment rate increased from 3.5% to 3.7%, while the citizen unemployment rate rose from 3.7% to 3.9%.
Singapore’s NTUC to push for unemployment support and benefits
The NTUC-SNEF PME Taskforce had consulted over 9,000 PMEs aged between 20 to 60 years old on their key concerns and needs at the workplace.
Employment in South Korea’s second tier cities picks up
As of end-April, employment in South Korea’s minor cities and counties rose by 3.6% year-on-year as the economy continues to recover.
Australia’s unemployment rate falls to 4.6% in July
The country’s unemployment rate fell 0.3 percentage points to 4.6% in July month-on-month even amid the lockdown in greater Sydney.
Vietnam’s unemployment worsens amid COVID-19 pandemic
On average, over 11,300 companies withdraw from the labour market each month, across various industries.
Malaysia’s unemployment rate rises to 4.8% in June
The unemployment rate rose month-on-month to 4.8% in June, according to the Department of Statistics Malaysia (DOSM).
New Zealand’s unemployment rate falls to 4% in June quarter
The number of unemployed people declined by 12.4%, marking the largest quarterly percentage fall in unemployment since 1986.