Page 8 - Job Market

Brazil's unemployment rate hits record 14.7% from February-April

14.8 million people were jobless in this period

Men took bigger jobs hit in pandemic across euro zone: ECB study

Men accounted for more than 60% of the jobs losses last year

Strengthened talent pool by recruiting 19,230 graduates in India: Infosys

At 40th AGM of Infosys, its chairman Nandan Nilekani said in FY21 the company had industry-leading, healthy revenue growth at 5% in constant currency, totalling $13.6 bn

Hiring trends see green shoots in May despite second wave: Monster Index

45% of industries indicated positive MoM growth in job postings, with retail, home appliances, and telecom industries showing the highest growth

United States unemployment claims fall to 376,000, sixth straight drop

This comes as the US economy reopens rapidly

Muthoot Microfin added 37% more employees in pandemic period

As many as 2,300 new people joined the organisation.

Bengaluru, Delhi offer best prospects for job-seekers in Q1FY22: Teamlease

Mumbai remains at sixth spot; of the 21 sectors reviewed more than 8 will see a 9-11 percentage point rise in intent to hire this quarter

Job postings in various sectors rise in February, says report

Monster Employment Index showed that job postings witnessed a 6% sequential growth in February

Technology hiring consistently above pre-pandemic levels: Report

Digitisation has increased in the country due to the pandemic

Job market continues to improve led by IT, agro-based industries: Report

Job market continues to improve sequentially across the country and job postings in some industries have improved, with some doing even better than the pre-Covid levels, led by IT, agro-based sectors

S&P 500, Nasdaq scale new highs on stimulus progress, job market rebound

J&J files Covid-19 vaccine application with the FDA; Indexes up: Dow 0.48%, S&P 0.37%, Nasdaq 0.11%

India's Jan factory activity at 3-mth high, manufacturing PMI rises to 57.7

The Nikkei Manufacturing Purchasing Managers' Index , compiled by IHS Markit, rose to 57.7 in January from December's 56.4, above the 50-level separating growth from contraction for 6th straight month

Hiring to bounce back as most organisations lifted freeze: Naukri.com

Hiring is set to bounce back as most organisations have lifted the freeze in hiring, according to a Naukri.com survey

Indians most optimistic in Asia-Pacific about 2021 career prospects: Study

The findings come from job site 'Indeed'

Tech-driven changes in jobs threaten social contract with workers: Experts

"Technology has a major, if not the most important, role in shaping the future of work," said C Vijayakumar, President and CEO of HCL Technologies

Job market bleakest in 15 yrs, only 5% of India Inc plans to hire in Q2

According to the ManpowerGroup Employment Outlook Survey that covered 695 employers across India, the net employment outlook stood at 5 per cent for the July-September quarter

Coronavirus outbreak delays job offers in Asia's biggest financial hubs

Recruiting has become less of a priority as firms including DBS Group Holdings Ltd. have highlighted the revenue impact of worsening business conditions.

India among top 3 countries confident about retaining jobs in future

Nearly two-third believes that their current jobs will be replaced by automation

Corporations are using slump to upskill talent: Korn Ferry's Monica Agrawal

The slowdown hasn't hit the job search market too hard as a lot of replacement positions are opening up, says Agrawal

Continental to slash 5,500 jobs globally by 2028 to save 500 million euros

The jobs cull would support Continental's "urgently needed technological transition and thus the strengthening of our competitiveness and future viability", CEO Elmar Degenhart said