Mega Millions and Powerball lottery jackpots combined are now over $1bn in US

Apple launches privacy website ahead of EU speech

Britain is one of the worst offenders for giving foreign aid contracts to its own firms rather than boosting the economies of developing nations, a new report warns.

The sale of Wembley Stadium has been called off after billionaire Shahid Khan withdrew his £600m offer to the Football Association 

UK Annual house price growth has slowed to a five-year low, according to official figures.

 

Shares in airline Flybe have plunged after it warned full-year profits would be lower than expected following weaker consumer demand over recent weeks.

Paddy Power Betfair fined £2.2m over gambling check failings

FINANCE TECHNOLOGY TOP STORIES

Singapore online hiring in Banking and Finance surges 23% in August

Singapore online hiring surges 23% in August

The Banking, Financial Services and Insurance (BFSI) sector fueled the 1% YoY growth in Singapore’s online hiring in the month of August—as the sector’s hiring jumped 23% YoY

The data was revealed in the latest Monster Employment Index, a study carried out by recruitment firm Monster.com.

According to the study, the sector also observed an uptrend in other parameters as its online hiring inched up 2% MoM, 6% for three-month growth, and 3% on six-month growth.

The sectors lead was followed by the IT, Telecom and BPO industry, as its online hiring grew 11% YoY. There was also observed an uptrend in online hiring which was seen by other industries such as production/ manufacturing (4%), engineering, construction and real estate (3%), and oil and gas (2%).

In terms of job roles, talent in the finance and accounts field is deemed as the most in-demand, with a 7% YoY in August. The legal industry comes next with 6% annual growth in their sector’s hiring.

It wasn’t all growth however. Some sectors also experienced decline.

The hospitality sector posted the largest one as online hiring dropped 5%YoY. Other sectors such as education and healthcare also saw a slip in online hiring — namely 4% and 3% respectively.

The healthcare sector overall had a drop in their roles and responsibilities—which dropped 12% YoY. Other sectors also saw declining demands including hospitality and travel, real estate, HR and admin, and supply chain— with drops of 6%,6%,4% and 2% respectively.

Abhijeet Mukherjee, CEO for APAC for Monster.com, stated: “With restructuring picking up pace amidst rapid advances in automation and artificial intelligence, jobs and skills mismatches will continue to be a challenge for the labour market.”

Leave a Comment