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Indonesia is currently experiencing a “demographic dividend” phase, characterized by a surge in the young population. However, this younger generation, primarily Generation Z (those born between 1997 and 2012), is wrestling with significant employment…
Vietnam’s unemployment rate rose to 3.72 percent in Q3, the highest since early 2020 when the novel coronavirus was first detected in the country. The rate was calculated among the working-age population, defined as those aged 15-60 for men and 15-55 for…
The number of applications for unemployment benefits in Hanoi as of September 10 has risen 22 percent year-on-year to nearly 60,000 as a fallout of the coronavirus pandemic. Last month the Hanoi Center for Employment Services (HCES) received 9,000…
Cracks are opening in China’s mighty economy: investors are backing away from deals, factories are moving abroad and companies are shedding jobs. The world’s second-largest economy is losing steam, hitting its slowest growth in almost three decades last year,…
About 75 percent of Vietnamese graduates have either started their own business or are interested in opening one. A survey released Tuesday by Navigos, a leading provider of executive search services in Vietnam, also found hat 52 percent of fresh graduates…
Food delivery startup Plum has laid off its entire staff, casting doubt on its continued operations in Singapore and its home market of Hong Kong. According to a report, Plum co-founder Desmond Clinton Cheung, who is also the company’s GM, said full-time…
Ha Long’s only casino continues to lose employees due to a number of reasons, including its persistent losses. Hoang Gia Joint Stock Corporation (RIC) in Ha Long, Vietnam’s resort city, which runs the Casino Gaming Club, said the number of employees has…
South Korea’s jobless rate rose slightly in September due to a fall in employment in the retail and restaurant sectors, with poorer-than-expected job creation continuing, government data showed Friday. The unemployment rate stood at 3.6 percent last month, up…
Institute for Development of Economics and Finance (Indef) Economist Dzulfian Syafrian positively welcomed the decline of the open unemployment rate (TPT) in February 2017 as much as 0.28 percent. This figure is lower compared to that of February 2016 with…
The Ministry of Labor, Invalids and Social Affairs said in its report that the ministry has focused efforts on looking for solutions to develop the labor export market as the domestic market is having trouble. Around 1.6 million people were offered jobs last…
The Indonesia Central Bureau of Statistics (BPS) said in August, 2016, the country had 7.03 million jobless people among 125.44 million of labor force. “Compared with August, 2015, the number of working people rose 3.59 million and the number of jobless…
South Korea’s unemployment rate stayed pat in November compared with the month before as gains in the manufacturing and hospitality sectors were offset by losses in the agrofisheries and retail segments, a government report showed Wednesday. According to the…
Indonesia’s unemployment price elevated in February, in response to the newest knowledge from the Central Statistics Company, or BPS, amid slower financial progress. BPS’s February 2015 knowledge, launched on Tuesday, confirmed there have been 7.45 million…
