Page 8 - Job Creation

US October job growth beats expectations despite General Motors strike

Job growth has slowed this year, averaging 167,000 per month compared with an average monthly gain of 223,000 in 2018

Manufacturing PMI drops to 2-year low in October on weak demand

The PMI report said the cooling of manufacturing sector conditions continued in October, with both factory orders and production rising at the weakest rates.

1 in 5 Mudra beneficiaries started new biz; job creation even less: Survey

Simply put, the number of additional jobs created in 33 months was less than 10 per cent of the total number of loans

Jobs in exchange for consumers: India offers sensible bargain to the world

The pragmatic stance taken on retail is the first good step that goes beyond damage control and toward filling a strategic gap

Amid unemployment chorus, Budget claims over 379K new jobs in govt depts

Most of the recruitment was done by the Ministry of Railways, police forces and the direct and indirect tax departments

Encouraging moves by re-elected govt

It is heartening that economic growth is finally receiving the attention of the government and RBI.

Employee benefits have turned into taxes

The government should convert "taxes" into real benefits. It should also pay for them on behalf of those in the lowest rungs

Jobs can wait ... or can they?

Job creation is crucial for peace to return to the Valley, even though it has taken a back seat in the wake of the Pulwama attack

PMRPY scheme has benefitted over 15 mn workers, govt spent Rs 3,648 cr: MoS

Around 15 million workers have benefitted from the Pradhanmantri Rozgar Protsahan Yojna

Job creation doubles to 973,000 in Sept, 7.94 mn in last 13 months: EPFO

The EPFO manages social security funds of workers in the organised/semi organised sector in India

Hunting for jobs? India Inc FY18 hiring slowest in 3 yrs, more pain ahead

Slowdown in industrial, infrastructure sectors and low volume growth in IT led to only 1.9% YoY rise in hiring

PM Modi hails Mudra Yojna for its 'unprecedented employment opportunities'

Out of all those who took loans under Mudra, over 35 million youth were first-time entrepreneurs, says PM Modi

New job creations in July rose to a 11-month high of 951,000: EPFO data

In total, as many as 61,81,943 jobs were created during September 2017 to July 2018 period, the payroll data showed

Provided job opportunities to over 1.4 million in 4 years, says KVIC

Khadi and village industries products saw record sales worth Rs 520 billion and in the year 2017-18

Job concerns in India are overdone

Since 2016, the government has been running with several schemes to incentivise employers to create new formal jobs

Job creation more than doubles to 136,000 in July-Sept 2017: Labour Bureau

Job creation in the organised sector rose two-fold to 136,000 in July-September 2017 compared to the previous quarter, largely driven by an uptick in the manufacturing sector, latest official estimates showed.In comparison, job creation stood at 64,000 in April-June 2017 and at 32,000 in the July-September period last year, according to the Labour Bureau's quarterly report on employment.The Labour Bureau conducts an establishment-based job survey in eight sectors - manufacturing, construction, trade, transport, education, health, accommodation and restaurants, and information technology. These constitute 81 per cent of the total number of factories in the country employing at least 10 workers. In manufacturing sector, 89,000 jobs were created compared to a job loss of 87,000 in the previous quarter and job creation of 24,000 in the same period last year.In the September-ended quarter, there were job losses witnessed in the construction sector alone with a contraction of 22,000 jobs. ..

Major upsurge in employment, Ola & Uber created millions of jobs: Jayant

As per EPFO data, over one crore new accounts were added in 2017 to the 45 million members of the organisation

By 2022, 9% Indians will be in jobs that do not exist today: Report

Indian job landscape is in transitionary phase, thanks to emerging technologies and by 2022, 9 per cent of the country's 600 million estimated workforce would be deployed in new jobs that do not even exist today, says a report. According to the FICCI-Nasscom & EY report, there would be a job slowdown for the next two years as companies struggle to restructure their business models, and by 2022, the entire job landscape would undergo drastic change. The report that highlighted the impact of globalisation, demographics, and exponential technologies on job landscape said by 2022, 9 per cent would be deployed in new jobs that do not exist today, while 37 per cent would be in jobs that have radically changed skill sets. Jobs of 21 per cent of workforce in 2017 would face "existential threat", the report noted. "The adoption of exponential technologies is disrupting industries by creating new markets and India is at the cusp of this change," said Anurag Malik ...

Mass services as a job creation engine

They create large new markets through low prices and rapid employment opportunities; needed policy interventions to tap their potential

Start-ups can boost job creation despite automation fears: IT experts

E-commerce is a good example of how technology-driven innovation can create jobs