Job Market

The World Sustainable Hospitality Alliance (WSHA) will train around 2,000 young people from disadvantaged backgrounds in India to help them gain skills and practical experience for employment in the hospitality sector, according to its President and CEO Glenn Mandziuk. "Our Employability Programme is now active in 20 cities across the country. It has over 4,000 trainees, including more than 3,000 graduates and 2,000 in full-time employment," Mandziuk told PTI. "This year, we are on track to train close to 2,000 young people under the programme," he said. The initiative aims to improve youth employment and promote inclusivity by providing young people with the skills and experience needed to embark on their careers in the hospitality industry. "Genuine sustainable growth in hospitality isn't just about expansion. It is also about the people we bring along with us. Our Employability Programme goes beyond filling vacancies. It is a strategic investment in building a resilient workforc

Software developers, whose profession has been transformed by AI and suffered dramatic job losses since 2022, are back in demand with postings rising 14%

For young Indians, a better testing system is imperative, as is creating more skilling and employment opportunities

Govt needs to focus more on low-end work, which will be impacted more by technology and artificial intelligence

An estimated 320 million Chinese are expected to be in flexible employment this year as a weak labour market, AI adoption and a property downturn push more workers into gig jobs

India's fertility rate has fallen below replacement level, but the bigger question is whether the economy can create enough jobs and raise productivity before ageing pressures build

Corporate India is expected to scale back hiring plans in the July-September quarter of this year, signaling a slowdown in hiring momentum, as employers are likely to opt for a more measured approach to hiring amid rising geopolitical challenges, a survey said on Tuesday. According to ManpowerGroup's latest Employment Outlook Survey, the Net Employment Outlook (NEO) for Q3 2026 stood at 48 per cent, down 20 points from the previous quarter but stronger by 6 points since Q3 2025. The Net Employment Outlook (NEO) is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity. In the survey of more than 3,100 employers across India conducted from April 1 to 30, 2026, employers cited economic uncertainty, above AI, as the key driver of hiring uncertainty. "India's Q3 2026 hiring outlook remains the strongest globally, with a Net Employment Outlook of 48 per cent,

Weak hiring and AI-driven disruption threaten recent graduates with lower wages, slower career growth and higher unemployment, economists warn

Hiring may slow and recovery could take up to two years if West Asia conflict persists, says Heidrick & Struggles partner, citing inflation pressures and global uncertainty

The labor market has been stuck in what economists call a "low-hire, low-fire" state which they blamed on uncertainty stemming from Trump's import tariffs and mass deportations

Between 2004 and 2023, 5 million graduates were added annually, but only 2.8 million found jobs; just 7% of unemployed graduates secure permanent salaried roles within a year

Demand for immediate joiners has risen 58 per cent since 2022, far outpacing candidate availability, as employers seek professionals who can contribute from day one

At the India AI Impact Summit, IMF chief Kristalina Georgieva said AI could significantly boost global output and drive stronger economic growth worldwide

Vinod Khosla told the AI Impact Summit that AI could remove the need for most jobs by 2050, transform white-collar work and unlock near-free healthcare and personalised education for every Indian

India's unemployment rate climbed to 5% in January, a three-month high, as rural seasonal factors and post-harvest slack pushed joblessness up, even as labour force participation softened

The overall US unemployment rate continued to climb throughout 2025, reaching 4.6 per cent, according to the Bureau of Labor Statistics

For every ₹10 lakh of output generated on such platforms, output yielded for the economy is ₹20.5 lakh

White-collar jobs relying on cognitive skills face the highest AI disruption risk, but reskilling and new job creation will outweigh losses, says MeitY Secretary S Krishnan

Government data shows PLI schemes for 12 sectors drove over ₹18.7 lakh crore in incremental production/sales as of September 2025

The study urges a reorientation of incentives toward textiles, garments and food processing to boost employment