Indeed to lay off 2,200 workers
Reports job market poised to continue cooling Online jobs advertising platform Indeed announced today that it is laying off approximately 2,200 people, or roughly 15% of its global workforce. The layoffs take effect March 31. Indeed CEO Chris Hyams discussed the layoffs in a message. “I am heartbroken to share that I have made the difficult
Only 47% of hiring managers offer flexible working
62% of employees believe it is important for companies to offer flexible work Less than half of US businesses offer non-traditional benefits, including flexibility in work hours and location, despite an increasing number of American workers seeking such benefits, according to a recent survey by The Harris Poll commissioned by Express Employment Professionals. The survey
Canadian job vacancies fall by 78,600 in Q4
However, employment increased by 0.9% According to Statistics Canada, the number of Canadian job vacancies fell by 8.2%, or 78,600, in the fourth quarter for the second consecutive quarter to a total of 876,300. The national job vacancy rate declined by 4.9% in the fourth quarter of 2022.Job vacancies declined in 16 of 20 broad
Working on-site isn’t worth the commute
46% of employees say employers aren’t making the return to work appealing A recent global survey from Executive Networks reveals that many employees don’t see the value in commuting to work as organizations continue to adjust their pandemic-era workplace policies. Of the 1,300 knowledge workers surveyed globally, only 28% feel their companies make it worth
Singapore’s labour market sees improvement in 2022
Overall unemployment rate falls to 2.1% According to research conducted by Singapore’s Ministry of Manpower, the labour market improved in 2022 as compared to 2021. The unemployment rate declined, with the overall rate dropping from 2.7% in 2021 to 2.1% in 2022. The resident unemployment rate also fell from 3.5% to 2.9%, and the citizen
Average hourly wage for temp and part-time workers at record highs
Increase attributed to the Japan’s recovery from the pandemic A recent study from Japanese staffing firm Recruit has found that despite slow wage growth in Japan, the average hourly wage for temporary and part-time employees has continued to reach new record highs in recent months. This increase is attributed to the country’s recovery from the
Seek Job ads fall by 12.2% in February
The monthly job ads decline was driven by New South Wales (-2.7%). According to job board operator Seek job ads in Australia have fallen by 12.2% year-over-year. On a monthly basis, job ads also fell by 1.6%. The latest data also shows that applications per job ad decreased over the month for the first time in
Number of temporary workers down 2.8% February in South Korea
Unemployment rate shows improvement According to data released by Statistics Korea, the number of temporary workers in South Korea fell by 2.8% year over year to approximately 4.4 million in February 2023. When compared to the previous month, the number of temporary workers rose by 5.2% in February 2023. The temporary employment data is not
Single moms need to work to age 93 to retire with the same pension as men
25% of parents spend 75% of net salary on childcare New research, released just ahead of Single Parents Day on March 21st, reveals that one in three working single mothers are unable to access a workplace pension under current auto-enrolment rules, despite 59% being employed. NOW: Pensions and the Pensions Policy Institute (PPI) conducted the
TATA Consultancy Services CEO to step down
TCS shares nearly tripled in value under his leadership India-based IT services giant Tata Consultancy Services Ltd (TCS). announced Rajesh Gopinathan will step down as managing director and CEO of the company. Gopinathan was appointed to the role of CEO in 2017. He was reappointed last year as CEO until 2027. The company said Gopinathan
