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10-09-2019, 09:08 PM. (This post was last modified: 10-09-2019, 09:09 PM by dreamybear.)
Post: #21
RE: HRnetGroup
In HRnetGroup's latest quarter, Professional Recruitment forms 67% of gross profit and 52% of gross profit comes from SG.
(ref links in Post #16 )


Singapore job-seekers face weaker hiring prospects in Q4: Survey
Published Sep 10, 2019, 5:00 am SGT

Job seekers should expect a tighter labour market in the last three months of this year, as hiring prospects are down from both the current quarter as well as a year ago, based on survey results from a recruitment firm......

ManpowerGroup Singapore country manager Linda Teo said that business confidence here has been dampened by global and regional trade conflicts, as well as warnings of a possible recession.

"Anticipating that business will be affected by the economic downturn, companies are limiting their hiring activity. Some companies are also turning to upskilling their employees instead of hiring new staff," she said.....

Mr Kurt Wee, president of the Association of Small and Medium Enterprises, said smaller firms tend to be quite lean, and thus less elastic in hiring and firing than larger firms.

"But the general sentiment among all businesses is poor, and if the negative situation persists in the next one to two quarters, I wouldn't be surprised if SMEs start retrenching," he said.....

The eight Asia Pacific economies surveyed by ManpowerGroup still have positive hiring outlooks for the final quarter of this year, with the strongest anticipated by Japanese employers (+26 per cent) and the weakest reported in both Singapore and China (+4 per cent).

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