2017



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November 28, 2017
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Hong Kong: hiring slightly up in Q4 2017

According to the 2017 Q4 results of the Manpower Group Employment Outlook Survey, Hong Kong employers report upbeat hiring plans.
 
With seasonal variations taken into account, Hong Kong's Net Employment Outlook is up 17%. Hiring prospects are the strongest reported in six years, improving two percentage points when compared with the previous quarter and five percentage points from one year ago. Twenty percent of the employers surveyed forecast an increase in staffing levels in Q4 2017.
 
Lancy Chui, Senior Vice President of Manpower Group, said, “The marketplace is showing signs of entering into a digitization era across different industries, transforming itself to be higher tech and data driven, stepping up to the increased global competitiveness by the development of financial technology. We are seeing employers bring in talents in the areas of data analysis, cloud computing, and apps development positions within the services sector”.

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November 28, 2017
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India's employment outlook

Reports point out to a slowdown in India's employment outlook.
 
New analysis highlights how employment has been on a downward spiral after starting off well in 2016. The situation is signaling worrying signs for the country. And large numbers of people are still unemployed.
 
According to the International Labour Organization, the number of unemployed in India is expected to increase by 1 lakh in 2017, and an additional 2 lakh in 2018. Yet, a recent report in the Indian Express noted that less than one tenth of the 30.67 lakh youth who had received or were undergoing training under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) have obtained job placement offers. Whether it is because they aren 't employable enough, or it is simply a case of not enough jobs in the market - the issue requires immediate attention.

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November 28, 2017
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Diploma mill scammer sentenced to 21 months in prison

Umair Hamid was sentenced to 21 months in prison for his role in an international diploma mill scheme operated through the Pakistani company Axact.

Hamid pled guilty to conspiracy to commit wire fraud. According to documents in the case, Hamid helped run a massive diploma mill through his employer, Axact, a leading information technology provider. Hamid and his co-conspirators allegedly deceived individuals across the world, including the United States, into enrolling in supposed high schools, colleges, and universities.

Consumers paid upfront fees, believing that in return they would be enrolled in educational courses and eventually, receive legitimate degrees. Instead, consumers allegedly received no instruction and worthless diplomas. Hamid served most recently as Axact's Assistant Vice President of International Relations.

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