Page 12 - Employment

PLI scheme boost: Apple creates 100,000 new direct jobs in 19 months

Foxconn, Pegatron and Wistron have generated 60 per cent of these new jobs

Fresh public sector employment declined in 2022 by 8.8%, shows data

The share of young women getting these jobs, however, declined to 35.4 per cent in 2022, from 37.1 per cent in the preceding year, contrary to the trend seen at the Centre

'Hard work was a mistake', Twitter employee regrets after being fired

Another 200 staffers fired in fresh round of job cuts

Private consumption likely to take a hit on India's IT sector squeeze

In all, listed IT companies accounted for 47 per cent of incremental growth in India Inc's salary and wages bill in the last 12 months

Unemployment rate dips to 7.2% in October-December 2022: Govt survey

Joblessness was high in October-December 2021 mainly due to the staggering impact of Covid-related restrictions in the country

Rajasthan govt to focus more on giving employment opportunities

Around Rs 100 crore will be used for overall personality development and Rs 200 crore for education, scholarships and other related resources

Jobs in small towns, gender diversity to earn India Inc better ESG ratings

Market regulator Sebi proposes new rating parameters better suited to domestic context

Salaried employment rises in Gujarat

This upward trend in salaried employment is certainly a cheery outcome for Gujarat as it suggests an improvement in the quality of jobs in the state

Fresh formal job creation below 1 million for third month: EPFO data

Surprisingly, the number of new male subscribers fell more (14.9 per cent) than female (12.9 per cent) in December

Looking for job? Cannabis industry going on a hiring high in NY

The creation of new jobs would be a boon for New York City, which has lagged behind the rest of the country in recovering employment lost during the pandemic

More than 2 mn digital jobs to remain unfilled in 2023: Teamlease report

The proposed recommendation also includes having an effective outcome focused learning approach with structured impact evaluation metrics

Client costs in focus, IT deals revive 'rebadging' of employees

TCS co-opting a third of Boeing workers facing job cuts not an exception; analysts admit that the practice is returning, though not a full-fledged trend yet

NCS to be primary govt portal for skilled and unskilled workers

The ASEEM portal acts as a directory that matches supply of the skilled workforce with the market demand

Unemployment rate falls, but still too high

India, incidentally, was the fastest country to report the unemployment rate for the month of January 2023

Back in action: After a year of lull, Centre to swing into hiring mode

Will recruit more for central ministries and depts in 2022-23 and 2023-24

US job openings surge unexpectedly past 11 million as Fed zeros in on labor

The increase was the largest since July 2021 and mostly reflected a jump in vacancies in accommodation and food services

Labour markets, employment recover beyond pre-Covid level: Economic Survey

Labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years, including world's largest vaccination drive in India, said the Economic Survey 2022-23. The document tabled in the Parliament on Tuesday said, "Labour markets have recovered beyond pre-Covid levels, in both urban and rural areas, as observed in supply-side and demand-side employment data." Quarterly urban employment data shows progress beyond pre-pandemic levels as the unemployment rate declined from 8.3 per cent in July-September 2019 to 7.2 per cent in July-September 2022. Reflecting rising formalisation of employment, net addition to EPFO payroll is steadily moving upward after swiftly rebounding from Covid-19, with the majority share coming from the youth. The net addition in EPF (employees' provident fund) subscriptions during FY22 was 58.7 per cent higher than in FY21 and 55.7 per cent higher than that in the pre-pandemic year 2019. Net average monthly subscribers added un

Economic Survey 2022-23: What does it say about inflation and employment

Economic Survey said that RBI's inflation projections for FY23 are neither too low nor too high

Amid layoffs, demand for non-tech jobs grew during December 2022: Report

Amid reports on layoffs by multinational technology companies, a report has revealed that there has been an increase in demand for talents in non-tech sectors in India, including healthcare, food services, construction and education in December 2022. Global job site Indeed's monthly jobs insights showed that healthcare allied fields such as dental and nursing have the highest job postings on its platform at 30.8 per cent in December 2022. This was followed by food services (8.8 per cent), construction (8.3 per cent), architecture (7.2 per cent), education (7.1 per cent), therapy 6.3 per cent, and marketing (6.1), among others, the report added. The report noted that the relative resurgence of business normalcy in a post pandemic world has brought buoyancy back in sectors like construction and civil engineering. Even sectors like marketing, which was one of the earliest to see layoffs during the pandemic, has picked up steam, it said, adding that last year, brands have realised the

Madhya Pradesh govt's emphasis on self-employment of SC-ST youth

A ministerial group will present report of recommendations after in-depth discussion on suggestions from various stakeholders