The government plans to revise various regulations in immigration, foreign business and other areas to attract more foreign direct investment next year.
The number of workers changing jobs has seen a 6.8% drop in the first nine months of this year compared to the same period last year.
The nation’s hiring incentive and training assistance programme has also helped 106,443 employees secure employment.
Sara Kaplan, Content and Social Media Manager, TalentTap, explains how organisations can use a shift in talent mobilisation to grow their business in 2021.
Rachele Focardi, a global thought-leader, highlights the importance of intergenerational collaboration.
Among the groups identified to receive further government support include university graduates, rural migrant workers and poor urban families.
One of the main aims of South Korea’s 2021 economic policy plan is to prop up the sluggish labour market.
Younger jobseekers are finding it harder to find openings with the government’s job creation programme.
The jobless rate eased to 6.8%, the labour participation rate rose to 66.1%, while monthly hours worked rose by 43 million hours.
The Ministry of Manpower (MOM) said 91,340 job openings are available with most classified as long-term jobs.
A survey by India’s chamber of commerce for the tech industry found that startups in the country have seen their revenue accelerate, and funding improved.
The Monetary Authority of Singapore (MAS) is expecting digital banks to employ a “sizeable number of people”.
Out of 100,000 employees insured under Socso who have been laid off, about 31% or 30,977 have found new jobs.
31% of employers said virtual hiring gave them wider access to talent, while 28% said that it allowed flexibility and convenience.
Roles are set to change when companies’ adopt technologies that will transform tasks, jobs and skills, creating new employment opportunities.
Prime minister Tan Sri Muhyiddin Yassin has launched MalaysiaBiz – a one-stop government portal that aims to streamline the setting up of businesses.
The tourism subsidy package will run until Jan 31 next year, while a separate co-payment scheme will end on Dec 31.
The test typically covers aptitudes such as language proficiency, document writing and policy analysis.
Three million new jobs may be created with US$50 billion of new foreign direct investments (FDI) entering the country.
The labour participation rate of people aged 50 and above is found to be significantly lower than that of Japan, South Korea and the US.
The Justice Ministry is relaxing work restrictions for foreigners, either as students or on other visa statuses, who are stuck in the country.
Companies now have the option to hire contract staff from Tier 2 and 3 cities as working from home becomes more prevalent and accepted.
A survey conducted by MAS polled over 30 firms on their projected hiring for the next 12 months.
A total of 5,634 applicants sat for the exams, competing for 157 positions.
Over 500,000 vacancies have been posted on the national jobs platform, with more than 400,000 job seekers visiting the site every day.
Sales Workers; Labourers; and Community and Personal Service Workers saw the highest increase in job advertisements for the month.
Chung Jaan Hao, COO of Pulsifi, explains and highlights what organisations need to take into consideration when planning their hiring for 2021.
Between April to early November, over 7,000 jobseekers have been placed into jobs, traineeships and attachments in the ICT sector.
Official figures released showed jobs rising by 178,800 for the month, an improvement from September’s numbers.
As more staff look for work online, companies are also starting to hire more freelancers to cut costs, in response to the pandemic.