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News about job creation, job losses, labour disputes, wage trends and other developments from around the world with a focus on Hong Kong and China.
Stronger safety net on wages for city’s worst paid and most vulnerable is to be welcomed despite inflation and cost fears.
The Housing Authority will need more money if the Hong Kong government is to meet its accommodation targets for the less well-off.
As China’s economy faces increasing headwinds, it is becoming difficult to justify a massive bureaucratic system.
- Forty-five life-science technology companies have set up or expanded in the city since last year
- Investments, which will yield 3,200 jobs, come amid government efforts to enhance Hong Kong’s position as a health innovation hub
Narendra Modi’s government has launched numerous initiatives to speed up the country’s development, but many areas continue to lag behind – with employment scarce.
Facing budget blowouts and new policy directions, local governments are finding ways to shed ‘iron rice bowl’ positions without mass redundancies.
Minister Chris Sun says mechanism will not affect city’s competitiveness because composition of formula both protects vulnerable and ensures affordability.
Less than 30 per cent of Hong Kong businesses plan to use senior job titles to attract or retain talent, though the practice is more common in certain sectors, and could be at odds with younger workers’ expectations.
Authorities have not disclosed names of highest earners, but Post check finds heavy hitters from major conglomerates earn anywhere from HK$9 million to HK$130 million.
More than 60 per cent of respondents to a survey said they supported granting more visas to skilled workers, compared to 44 per cent in a 2018 poll.
Thirteen years after statutory minimum wage introduced, a new formula that bars any rate cuts in future has been approved.
A South Korean university is launching a new associate degree programme exclusively for international students as it battles labour and population issues, with some also faced by China.
KELY Support Group says schools should provide more career support and companies can benefit from diverse cultural background and talent.
Commerce and labour groups call for urgent review of modernisation initiative that will affect livelihoods and families of countless jeepney drivers.
But applications from foreigners for higher-skilled employment passes have picked up in line with improved business expectations, said a report released on Tuesday.
According to a source close to the city’s Minimum Wage Commission, the existing HK$40 hourly rate is set to increase by HK$1.80.
Flexible work has become a hot-button issue in the city state since the government announced last week that all employers must allow formal requests for flexible work arrangements from December.
Musk has ordered the company’s biggest lay-offs ever and staked its future on a next-generation, self-driving vehicle concept called the robotaxi. People familiar with his directives are unsettled by the changes the CEO wants to push through.
Among those to sign partnership deals with Hong Kong-Shenzhen Innovation and Technology Park are top firms from nine major economies.
Google has not specified how many employees will be laid off, but said some will be able to apply for internal roles.
The virtual cashier service highlights a growing trend among restaurants that are turning to such a method to cut costs and address staff shortages.
Employees will also be entitled to ask for other arrangements such as flexible work locations and staggered work timings come the end of this year.
The government’s ongoing public-sector job cuts have resulted in the worst-ever employment market, recruiters say.
Two-month trial scheme will cover around 100 sites with workers receiving points for safety breaches.
Broadcaster RTHK has highest vacancy rate at 23.8 per cent – 175 jobs – unfilled; police force tops the numbers game with 6,837 posts open, almost 18 per cent of establishment.
As the country’s general election nears, politicians face a sobering reality: the fastest-growing economy is struggling to create enough jobs for its educated youth.
Study finds disparity between men and women has grown in China, with researchers seeing the ‘magnitude of the ‘she-cession’, where the Covid-induced economic slowdown disproportionately impacted the female labour force.
Retail and travel industry representatives say authorities should draw up strategies to support retailers through the mega-event economy and other initiatives.
Citing ‘unsustainable’ net migration, New Zealand’s government has tightened rules for its Accredited Employer Worker Visa programme.
New AI text-to-video tools like Sora, from ChatGPT owner OpenAI, create detailed film clips from user prompts, putting at risk the jobs of actors, writers, animators and many more in the industry.
