Over the first half of 2022, there were around 410,300 people aged 15 – 24 without a job, which comprised 36.8% of the total figure.
The top reasons for wanting to remain employed are to stay active, have a sense of purpose, maintain social connections, and save up for old age.
Job vacancies in the three months to May jumped 13.8%, from the previous quarter, to 480,100, according to Australian Bureau of Statistics (ABS).
Sagar Khatri, Co-Founder and CEO of Multiplier, highlights how the company is supporting the employment of work teams internationally.
Employment in the city-state expanded by 42,000 in Q1’2022, with 85% of that coming from non-residents, reported the Manpower Minister.
This aims to increase and stabilise employment in key sectors and expand relevant subsidies for college graduates and other key target groups.
Under the new Workforce Australia scheme, new criteria have been set for jobseekers to continue receiving government support.
Employers can tap a huge labour force that includes women and university students not able to work full time, says former minister.
About 31% of employing businesses are having difficulty finding suitable staff, according to the Australian Bureau of Statistics (ABS).
A new US$100 budget will finance job creation projects within the BCG (bio-, circular and green) space and will last for three months.
Initiatives include a series of pro-employment campaigns to move job interviews online and incentivising firms to increase their employee count.
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.
Resident employment rose in growth industries like financial and professional services, but fell in consumer-facing sectors.
The move, expected to speed up the recruitment process, comes as the government has designated June 1 as the start of the job hunting season.
The cabinet has approved a 3.5-billion-baht (US$99,927) budget to hire more than 68,000 recent graduates and jobless people nationwide.
Covering a diverse range of sectors, Cambodia has approved four investment projects slated to bring in over 2,000 jobs.
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 Ministry of Manpower expects unemployment to stay low amid a tight labour market and high demand for workers.
Job vacancies advertised online in Malaysia soared up to 159,148 in the first quarter of 2022 compared to 90,218 in the same quarter last year.
Indonesia’s Coordinating Economic Affairs Minister Airlangga Hartarto highlighted this while sharing the country’s employment improvement strategies.
The number of jobs reached 19.97 million in the fourth quarter, up 376,000 year-on-year, according to official data.
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.
The deployment of the fifth-generation network (5G) in the country has been projected to create about 148,000 new jobs.
Some 1.3 million people changed jobs during the second year of the pandemic, an increase of 300,000 year-on-year.
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.
Josh Bersin provides insights into how organisations can review their hiring practices and make better hires to improve their workforce.
The demand for workers is expected to grow by 87,000 between late April and late July, the highest estimated growth for the same period since 2012.
In one of the largest expansions in the labour market since the beginning of the pandemic, 8.8 million people joined the country's workforce in April.
