Job Market Monitor
Indonesia
Indonesia / Large-scale labor rally for minimum wage increase in Medan
A large-scale labor rally in Medan forced dozens of companies to suspend operations on Thursday, with the firms’ workers following the lead of their Jakarta counterparts by demanding a significant minimum wage increase. Thousands of workers from Medan and surrounding areas continued their rally for a second day on Thursday, after their Wednesday protest caused … Continue reading
Indonesia / Govt to challenge Jakarta’s minimum wage
Industry Minister MS Hidayat said on Friday that he supported a plan of top businesspeople to challenge Jakarta Governor Joko “Jokowi” Widodo’s decision to set Jakarta’s 2013 provincial minimum wage at Rp 2.2 million (US$228). “I have been informed by Apindo [Indonesian Employers Association] that it will file a lawsuit with the PTUN [state administrative … Continue reading
Indonesia / Minimum Wage to Rise 44%
A 44 percent rise in the Jakarta minimum wage has prompted a major employer organization to warn of mass layoffs as companies grapple with the increased production costs, and led analysts to suggest that a major increase in productivity was needed to justify the hike. Employer groups have also expressed fears that the new Jakarta … Continue reading
Indonesia – Kalimantan Mine – Layoffs may loom ahead
Coal miners in Kalimantan are balking as the global coal price falls, saying their local production has taken a hit and they may need to fire some workers. Mr Eko Priyatno local chairman of the Coal Mining Association said that the 30% decline in the global coal price could push mining companies toward massive layoffs. … Continue reading
Labour Day | Indonesia stages Asia’s biggest rally
Thousands of Indonesian workers held Asia’s biggest May Day rally on Tuesday, demanding better pay and protection of job security, watched warily by a heavy police and army presence. Colourful protests organised by trades unions and left-wing parties across Asia shared the theme of better pay and conditions, and denunciations of government policy, as living … Continue reading
Migration: less New York more New Delhi
Everyone is moving to the city – and, especially, emerging market cities. According to a report by Credit Suisse this week, by 2037 half of the world’s population will live in one emerging market city or another. So where should investors look to first if they want to capitalize on this trend? Apparently the smart … Continue reading
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