Will raising EP salary thresholds lead to better outcomes for local PMETs?
THE salary threshold for the Employment Pass (EP), which will go up to S$5,600 from Jan 1, 2025, has been rising at...
Singapore’s job vacancies rise to 79,800, while re-entry rate of retrenched workers falls in Q4
JOB vacancies in Singapore edged up slightly in the fourth quarter of 2023, while a lower re-entry rate of 61.5 per cent...
Hong Kong and Greater Bay Area employers grow less optimistic on hiring in 2024
HONG Kong and Greater Bay Area employers became less optimistic on hiring this year as bonus payments sank, underscoring the difficulties faced...
US retail sales rebound in February; weekly jobless claims fall
US RETAIL sales rebounded in February, driven by increases at auto dealerships and petrol service stations, but consumer spending is slowing as...
UK unemployment rises unexpectedly, easing pay pressures
BRITAIN’S unemployment rate rose for the first time since July as wage growth eased, adding to evidence that the labour market is...
Microsoft game testers boost union ranks at company to 1,000
ABOUT 600 video game testers at Microsoft’s Activision Blizzard studios have unionised, more than doubling the size of labour’s foothold at the...
US job growth accelerates; unemployment rate at two-year high of 3.9%
US JOB growth accelerated in February, but downward revisions to employment gains in the prior two months and an increase in the...
Businesses do not see major cost impact from higher Employment Pass qualifying salaries
BUSINESSES are sanguine about the cost impact of the newly-announced higher Employment Pass (EP) qualifying salaries – whether it is because they...
Amid ongoing tech layoffs, employment bright spots appear at recently funded startups
THE start of 2024 saw layoffs continue to roil the tech sector, but recruitment experts report some bright spots of hiring emerging...
Chinese firms step up hiring, but tight-fisted on pay
CHINESE university graduate Zhang Baichuan travels hundreds of km from one job fair to another in a final push to find a...