Page 6 - Job Market

China job prospects, incomes plunge to new lows amid economic slowdown

But while economic activity is expected to eventually rebound, it's unclear how quick that will happen given the spread of infections and the weakness in confidence

Blue-collar industry sees sharp rise in job opportunities: Report

The blue-collar industry has witnessed a sharp rise in job opportunities in the country and tier 2 cities have become the epicenters for such opportunities, said a report. According to professional networking and jobs platform apna.co, blue-collared job opportunities more than doubled in India in 2022 and growth was also visible in all top metropolitan cities such as Bengaluru, Mumbai, and Delhi. "The emergence of tier-II cities becoming epicenters for opportunities has also been phenomenal. We believe that the evolving ecosystem of the rising workforce led by SMBs and MSMEs will become an integral contributor to the growth of the Indian economy," Manas Singh, Chief Business Officer of apna.co, said. The apna jobs platform recorded a 25 per cent increase in its employer base, which was majorly led by Small and Midsize Businesses (SMBs), and Micro, Small and Medium Enterprises (MSMEs) in 2022. Jobs posted by SMBs clocked a 60 per cent surge year-on-year. These emerging small busine

Layoff fallout: Outplacement firms have their hands full with flood of CVs

Tough trade-off: Companies want job guarantee for people they've laid off, but on a bargain

With jobs no longer secure, career cushioning is taking centre stage

Professionals and students striving to make themselves future-ready, future-proof

UK shows labour market slowdown with recession concerns rising: Survey

As a result, vacancies and the number of people placed in roles both rose at the slowest pace in more than a year and a half

UK unemployment hits lowest since 1974 but jobs boom is fading

However, the fall was not a sign of health in Britain's economy which is at risk of a recession

81% Indians believe their jobs can be done remotely, says survey

A whopping 81 per cent of employees in India believe that their jobs can be done remotely, according to a survey

Job demand stays flat in July amidst fears of global recession: Report

The report further revealed that tier-II cities are now frontrunners in hiring with Coimbatore and Ahmedabad, indicating growing demand for talent across segments.

Accolite to raise headcount in India by over three-fold to 8,500 in 3 years

Texas-based IT firm Accolite Digital plans to raise headcount by over three-fold in India to around 8,500 in the next three years, a top company official said.

Rapid transition to clean energy could create 15 mn jobs by 2025: Report

'India could witness eight dollars or 10 per cent reduction in per capita energy expenditure by 2025 when compared with business as usual scenario'

Gig jobs see surge in demand in sales and marketing across sectors

Quick commerce, healthtech, fintech and ecommerce are top sectors in Indian gig space

Job at hand: India far behind other nations in public sector employment

India is still far behind the US, China and others in public sector employment

Pakistan unemployment: 27.6% rise in people seeking jobs overseas

The Covid pandemic has given another blow to the opportunities for employment in Pakistan which is shrinking by the day.

China lockdowns, war risk derailing global jobs recovery, says ILO

China accounted for 86% of the dip in working hours due to containment measures to stop the spread of Covid, according to the report

Annual pay hikes near pre-Covid levels; to be around 8% this year: Report

Increments are yet to reach double digit hikes, it is heartening to see that the phase of salary de-growth and stagnation that have been hovering across the job market in last 2 years nearing its ends

Indian job market shows 6% YoY growth post Covid slump: Report

The Monster Employment Index (MEI) showed online recruitment activity exceeded the year-ago level in 11 out of the 13 cities monitored by the index

4 in 10 employees may switch jobs in India in 2022: Qualtrics report

Prioritising employee wellbeing, creating a culture of belonging, and ensuring employees feel like their career goals can be met are also important drivers of intent to stay in India: Report

Permanent work from home jobs a hit with Indian jobseekers: Report

In the last six months, Naukri.com has seen 32 lakh job searches for permanent and temporary remote jobs, by Indian job seekers

Economic Survey: Significant acceleration in formalisation of the job mkt

An analysis of the latest EPFO data suggests a significant acceleration in formalisation of the job market, driven by both new formal jobs and formalisation of existing jobs

Budget wish list: Citizens seek jobs, support for small biz and lower tax

The government had invited public comments for the upcoming Budget on December 26, with the last date of submission being January 7