Young adults (15-29) in South Korea face a severe job market crisis, with employment down 255,000 year-on-year, marking 43 consecutive months of decline. The wealth gap widens due to soaring real estate prices, disproportionately benefiting older generations.
Indian students studying abroad show an 89% surge in interest in India-based jobs (2023-2024). This trend reflects reassessment of career growth, stability, and opportunities amid tightening global immigration and expanding Indian corporate landscape.
Hong Kong's Vocational Training Council (VTC) chairman Jeffrey Lam Kin-fung stated that 90% of VTC graduates are employed and largely unaffected by AI, with plans to review courses for emerging job opportunities.
Singapore Prime Minister Lawrence Wong has sought to reassure workers amid concerns about the AI revolution, vowing that the city state will carve out fresh opportunities even as the new technology renders some jobs obsolete. In the annual May Day rally on Friday, Wong acknowledged the anxieties but urged workers and firms to build artificial intelligence capabilities and harness its benefits. Demand would rise for AI-savvy workers, and new doors would open as global companies expanded their...
