Cautious spending, reduced debt burden, and opting for gig work can help
After Twitter, Meta Platform too has announced massive job cuts. The Indian job market is also facing some heat, especially in IT services. How does the IT piece fit in the larger job market puzzle?
IT firms are increasingly resorting to background verification firms for additional checks on employees for moonlighting, says report
Hiring activity declined 6 per cent year-on-year in October as recruiters adopted a cautious approach in adding new workforce, a report said on Tuesday. Sequentially, the hiring activity has dropped by 5 per cent following the changing patterns in the startup ecosystem, funding winter and fears of an upcoming recession, according to the Monster Employment Index (MEI). However, with companies ramping up internal initiatives to facilitate growth and government interventions in promising sectors, hiring projections for the coming months are expected to pick up, it added. The Monster Employment Index is a broad and comprehensive monthly analysis of online job posting activity conducted by Monster India. The report further revealed that even as there has been a noticeable slowdown in hiring among industries following months of robust job demand, key sectors like automation, banking, financial services and insurance (BFSI) are expected to show an increased intent to hire. However, hirin
Salaried jobs declined from 86 million in September 2022 to 84.7 million in October
Congress president Mallikarjun Kharge on Saturday launched a scathing attack on Prime Minister Narendra Modi over the issue of unemployment, saying the PM is handing over some thousand appointment letters when "millions of youth search for jobs". Kharge said Modi came to power with a promise of two crore new jobs every year, but forget creating two crore new well-paying jobs, it took eight years for the BJP-led Centre to even think of filling 10 lakh existing central government vacancies. Prime Minister Modi is holding 'Rozgar Melas', handing out appointment letters, and has addressed the melas giving 75,000 letters in Delhi, 13,000 in Gujarat, and 3,000 in Jammu and Kashmir, Kharge said. "Today, when millions of youth search for jobs, PM is handing over some thousand appointment letters!" the Congress president said in a series of tweets. Kharge said rural India is facing the unprecedented challenge of unemployment. The average rural inemployment in the past 6 years is 7.02 per c
The report said the decline in employment was mostly in rural India and mainly in non-agricultural rural India and the daily wage labourer segment was the most hit as it shrunk by nearly 15 million
It is a myth that high-profile religious and political projects have little to do with development
Manufacturing employment increases at 'marked rate' as factories report rise in orders, says survey
Employees will need prior permission; no-tolerance policy will be followed if they hide, he adds
Meghalaya and Tripura top in terms of the labour participation rate and the employment rate. At over 60%, Meghalaya has the highest LPR
200,000 job opportunities created between Sep 1 and Oct 27; business development, telemarketing and sales among categories with highest number of vacancies
Prime Minister Narendra Modi on Saturday said his government was working on providing ten lakh jobs. In a video message for a 'Rozgar Mela' (employment fair) organized by the Gujarat government here, he also said that the number of government jobs for the youth will rise. This kind of Rozgar Melas will continue to be organised at the national and state levels in the coming months," the prime minister said. "The Central government is working on providing ten lakh jobs, the states and Union territories are also getting associated with the campaign. The number of government jobs given to the youth will rise significantly, he said.
India's Ministry of Defence is world's biggest employer with 2.92 million people, which includes combined active service personnel, reservists and civilian staff, according to a report in 'Statista'
Around 32.24 lakh jobseekers got registered on the employment exchanges during 2021, whereas only 20.7 lakh jobseekers were registered in 2020 pandemic year
The reason for higher taxation is the inability of the private sector to invest on the scale required to satisfy the minimum thresholds of political and social needs. We are back to the 1950s
Rajasthan has a high unemployment rate of around 25%. In September 2022, the unemployment rate was 23.8%
The 100-year-old problem of unemployment cannot be solved in 100 days, Prime Minister Narendra Modi said
Prime Minister Narendra Modi on Saturday said the government is working towards softening the blow of the economic problems faced by several countries across the world in the aftermath of the COVID-19 pandemic. Addressing the "Rozgar Mela" after distributing 75,000 appointment letters among government job aspirants, Modi said the Centre is also working on multiple fronts to create maximum job opportunities for youngsters. "It is a fact that the global situation is not very good. Several large economies are struggling. In several countries, problems such as high inflation and unemployment are at their peak," Modi said. He said the side-effects of the once-in-a-century pandemic will not go away in 100 days. "But despite this crisis faced the world over, the impact of which is being felt everywhere, India is taking new initiatives and some risks to save our country from being affected by these problems. "We are working to soften this impact on our country. It is a challenging job, bu
Ahead of the launch of 'Rojgar Mela', Ashwini Vaishnaw said one million youth will be appointed in different departments of the central government in the coming months through the recruitment drive