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Minister of Labour and Employment Mansukh Mandaviya on Monday said increasing number of casual workers are getting into formal employment and with economic growth job opportunities are increasing day by day. "Day by day employment in increasing in the country, and unemployment is getting reduced. When any economy grows, employment is generated," he said during the Question Hour. To meet the rising demand of a growing economy, supply has increase for which manufacturing is required and that is where jobs are getting created, he said. The Minister further said that self-employment too has increased from 52 per cent in 2017-18 to 58 per cent. He said according to Periodic Labour Force Survey, average income of casual workers have increased from Rs 255 in FY'18 to currently Rs 418. Further, casual labourers are also shifting to formal employment. "People with regular salary have risen in the country. Casual workers are joining the formal workforce and the number of casual labourers h
Employees across sectors are expected to get a salary hike of 9.1 per cent on average in 2026, slightly higher than the increment of 8.9 per cent received last year, a survey said on Tuesday. The projected 9.1 per cent salary increase reflects a slight uptick from the actual 8.9 per cent hike recorded in 2025, which signals sustained salary movement, said global professional services firm AON, citing its 'Annual Salary Increase and Turnover Survey 2025-26 India'. The latest survey, the 32nd edition, is based on an analysis of data from more than 1,400 organisations across 45 industries in the country. The projected salary hikes will vary depending on industries, it said. The workforce in the real estate and infrastructure sectors is expected to get the maximum pay hike of 10.2 per cent on average, followed by those working in non-banking financial companies (NBFCs) at 10.1 per cent, it said. Employees in the automotive and vehicle manufacturing sectors are expected to get a hike o
If you daydream about getting a break from work, you might picture two weeks of vacation or a long weekend getaway. But some people dare to imagine something bigger and find ways to get a substantial breather from stress or their day-to-day routines. Mini-sabbaticals. Adult gap years. Micro-retirement. Extended career breaks go by many names and take many forms, from using the time between jobs to explore to taking an employer-approved leave to becoming a digital nomad or saving up for a month-long adventure. Creating space for a reset, whether mental, physical or spiritual, is the common thread. Cost, personal responsibilities and fears of being judged by colleagues, friends and family members are some of the obstacles that prevent people from hitting pause on their work lives and setting out in search of new perspectives, according to sabbatical experts and people who have taken sabbaticals. No longer just for academics ----------------------------------- American attitudes towa
US President Donald Trump said Tuesday that his administration has slashed "tremendous" numbers from federal payroll, adding that millions of federal workers were terminated by it. The president was appearing at Tuesday's White House press briefing to mark the first anniversary of the start of his second term. Scott Kupor, director of the US Office of Personnel Management, said last September that there would be roughly 300,000 fewer federal workers on the payroll nationwide by the end of 2025. The government employs roughly 2.5 million workers, including military members. Trump said the fired workers are getting much better jobs and much higher pay". From the start of Trump's second term one year ago, the Department of Government Efficiency, led by his then-advisor Elon Musk, instigated purges of federal agencies with the expressed mission of rooting out fraud, waste and abuse.
India's top seven cities have nearly 1,400 coworking centres, with 10 big operators holding two-thirds of the total 82 million square feet of flexible managed workspaces, according to Vestian. Real estate consultant Vestian's latest report also highlighted that more than 475 coworking centres currently host Global Capability Centres (GCCs) bases. "As India's GCC landscape continues to evolve, flexible space operators will remain indispensable partners, offering flexibility, faster speed to market, and enterprise-grade infrastructure that global companies require, to scale efficiently in a highly competitive market," said Shrinivas Rao, CEO of Vestian. The consultant noted that the total stock of flexible workspaces has expanded to 82.3 million sq ft spread across nearly 1,400 centres in the top seven cities. "However, the market continues to remain consolidated, with the top 10 operators controlling 67 per cent of the total stock," it added. Bengaluru leads with 33.2 per cent shar