Page 3 - Job Sector

No of educated jobless youth soar 7 times in Assam in 2022: Eco Survey

The latest Economic Survey Assam has stated that nearly 10 lakh fresh educated youths have registered in employment exchanges in the state in 2022 compared to just 1.4 lakh in the previous year. Terming it a huge challenge before the state, the Economic Survey, Assam for 2023-24 stated that the size of the educated job seekers is considerably high with new registration jumping by a whopping over seven times in just a single year. "From the records of the live register of Employment Exchanges, the registered educated job seekers stood at 9,83,093 in 2022 as against 1,37,865 during 2021," it added. The report, which was tabled in the Assam Assembly during the Budget Session this month, stressed that the number of educated job seekers has increased at all levels of education in 2022 over 2021. It said that the overall number of educated job seekers stood at 18,05,441 as per registrations at Employment Exchanges in 2021 as against 17,46,671 during 2020, thereby showing an increase of 3

More job recruitment under BJP than previous govts in Haryana: CM Khattar

Haryana Chief Minister Manohar Lal Khattar on Wednesday said there have been more recruitment to government jobs in the past nine years under the BJP as compared to previous government's tenure, and added that selections have been transparent and based on merit. Results for approximately 29,000 posts will be declared within the next eight days, Khattar said in the state assembly during the motion of thanks to the Haryana Governor's address. During his address, Khattar took on Congress leader Raghuvir Singh Kadian who had alleged wrongdoings in government recruitment. Asking Kadian to provide proof of his allegations, the chief minister told the Congress leader that if he failed to do so then he would move a privilege motion against him. Khattar said that the government has established Haryana Kaushal Rozgar Nigam (HKRN) to protect the people employed on temporary jobs through contractors. "This initiative aims to allocate outsourced jobs to the youth while ensuring additional bene

Firefox maker Mozilla to cut 60 jobs as part of shake-up under new CEO

Mozilla last cut a significant number of jobs four years ago at the height of the Covid-19 pandemic

PM Modi distributes over 100,000 appointment letters at Rozgar Mela

While addressing the event through video conferencing, the Prime Minister congratulated the youths and their families

Job cuts at Citi, Deutsche Bank show the future has arrived on Wall Street

Both executives were speaking in 2017, and while they may have been early, their predictions are beginning to pan out

Artificial intelligence driving more layoffs than companies want to admit

Experts struggle to get an accurate picture of just how many jobs are being eliminated as AI rapidly advances

Punjab CM Mann to hand over job letters to 10 state players in Chandigarh

The ten players to be presented with the appointment letters include nine players from the Tokyo Olympic Games winning team in hockey and Indian women's cricket team captain Harmanpreet Kaur

Increased capex on infra to spur steel demand, attract investments: Experts

The increased capex on infrastructure in the budget will spur domestic steel demand, attract investments and create job opportunities, industry players and experts said. Finance Minister Nirmala Sitharaman presented her sixth Budget on Thursday in which she announced a Rs 11.11 lakh crore spending on infrastructure among other proposals for sectors like solar and startups. "This focus on infra will result in robust domestic steel demand, attract investments and create job creation. The coming 5 years will see again the unprecedented growth and development and steel will be a key driver in this development," Alok Sahay, Secretary General, Indian Steel Association (ISA) told PTI. Kamdhenu CMD Satish Kumar Agarwal said the budget addressed one of the most important needs of the middle class that is housing. The government's commitment to build 20 million houses for the poor in the next five years and the announcement of a scheme to help deserving sections of the middle class buy or bui

Meta, Amazon job cuts in 2023, belt-tightening pay off for investors

The question now becomes whether leaner, more focused versions of Meta and Amazon can continue to strive for the bold and ambitious tech advancements that have made them household names

Ayodhya's youth to grab boom in job opportunities post-Ram temple opening

When the Supreme Court had paved the way for construction of Ram temple at the disputed site in Ayodhya in its historic verdict in 2019, Dileep Pandey worked as a tailor in a cloth firm in Delhi. A native of Ayodhya, Pandey returned to his home when the first wave of Covid-19 struck in 2020. Sensing an opportunity in Ayodhya itself, he has decided never to return to Delhi. Pandey currently operates a small tour and transport firm facilitating people's visit to Ayodhya from different parts of the country. With the inauguration of the newly-constructed Ram temple on January 22, Pandey (28), now aims at expanding the business in view of the swelling number of devotees visiting Ayodhya. "I currently have three mid-size vans that visitors can hire to travel around Ayodhya. With the rise in the number of devotees, I plan to take a loan to buy two SUVs for them," said Pandey. Though keen in studies, he dropped out from the first year of a college in Ayodhya in order to start a job. "Ayod

Youth should strive to become job providers instead of job seekers: Pradhan

The youth should focus on becoming entrepreneurs and create employment opportunities as envisioned by the National Education Policy (NEP) 2020 instead of job seekers, Union Minister Dharmendra Pradhan said on Saturday. "The youth must not be satisfied by becoming job seekers, but strive to be job providers, as envisioned by the NEP 2020. This is an opportune time to focus on entrepreneurship and creating new unicorns," Union Minister for Education and Skill Development and Entrepreneurship Dharmendra Pradhan said while addressing the first convocation of the Indian Institute of Management (IIM) Mumbai. The minister said the youth must not be satisfied by becoming job seekers, but strive to be job providers, as envisioned by the NEP 2020. "This is an opportune time to focus on entrepreneurship and creating new unicorns," he added. Pradhan urged everyone to work towards creating an ecosystem to facilitate ideas that will transform into unicorns of the future. The 'GenZ' are the cat

CBI questions two TMC councillors concerning Bengal school jobs scam

Two TMC councillors appeared before sleuths of the CBI on Thursday for questioning in connection with its probe into irregularities in recruitment in West Bengal's primary schools, a senior official said. The CBI had issued summons to the two TMC leaders Bappaditya Dasgupta and Debraj Chakraborty on Wednesday, asking them to appear before its officers for questioning. "We are trying to find out how both of them were benefited by the irregularities in school jobs," the official told PTI. The probe agency had conducted search operations at Chakraborty's residence and offices in November last year. Several leaders of the ruling TMC, including former minister Partha Chatterjee, have been arrested in connection with the scam.

SAP unveils restructuring plan to trim costs, move to affect 8,000 jobs

Separately, SAP reported a 5 per cent gain in fourth-quarter non-IFRS revenue to €8.47 billion ($9.2 billion)

12.44 mn urban jobs added in 2023, more effort needed this year: China

For the full year of 2023, the average nationwide survey-based jobless rate dropped to 5.2 per cent from 5.6 per cent in 2022

9 out of 10 professionals in India looking for job switch in 2024: LinkedIn

According to the research, 42 per cent of working professionals identify a desire for better work-life balance as a reason for changing jobs

Majority of professionals considering job change in 2024, says report

Nearly 88 per cent of professionals are considering a new job this year amid an increase in competition, a report said on Wednesday. According to the report, the desire for better work-life balance (42 per cent) and need for higher wages (37 per cent) in a challenging economic environment are the biggest reasons for mulling changing jobs. The LinkedIn report is based on a research by Censuswide on 1,097 professionals in full-time or part-time employment across India between November 24 and December 12, 2023. About 88 per cent of professionals in the country are considering a new job in 2024, up by 4 per cent compared to last year, a LinkedIn report revealed. They are also willing to explore new career paths with almost 8 in 10 (79 per cent) Indian professionals interviewed saying they are looking for opportunities outside their industry or role. Around 72 per cent of professionals interviewed said they have changed their job search approach, like experimenting with new formats suc

Civic jobs scam: ED conduct raids at residences of WB minister, TMC leaders

The Enforcement Directorate (ED) on Friday morning conducted raids at the residences of West Bengal Fire and Emergency Services Minister Sujit Bose, TMC MLA Tapas Roy and former North Dumdum Municipality chairman Subodh Chakraborty in connection with its probe into the irregularities in recruitments in civic bodies. Accompanied by central forces, ED officers conducted raids at two residences of Bose in the Lake Town area in North 24 Parganas district early Friday morning, he said. The central agency officers also raided Tapas Roy's BB Ganguly Street residence and Chakraborty's residence in Birati, he said. "We are conducting search operations at the residences of three TMC leaders in connection with the recruitments in civic bodies. We are also talking to the leaders," the officer told PTI.

Centre to launch 2nd version of National Career Service portal in 2024

The government will launch the second version of the National Career Service (NCS) portal as well as persuade states to roll out labour reforms as part of efforts to further improve the ease of doing business and provide social security for the unorganised labour, particularly gig and platform workers, in 2024. Union Labour and Employment Minister Bhupender Yadav told PTI that his ministry will soon launch the "advanced version, namely NCS 2.0, to facilitate better job matching and search facility for jobseekers along with a recommendation engine for skilling by the use of latest technologies and leveraging Artificial Intelligence and Machine Learning". The NCS project was launched in July 2015 to provide various employment-related services, including career counselling, vocational guidance, information on skill development courses, apprenticeship and internships, through a digital platform. As of November 30 this year, the NCS platform had more than 3.64 crore registered jobseekers

PM couldn't keep his word: CM Siddaramaiah on Modi's 2 cr jobs promise

"Is Modi a financial expert? He had given a speech that the state would go bankrupt if the guarantee schemes were implemented in the state

Land-for-jobs scam: Fresh ED summons to Tejashwi, asked to appear on Jan 5

The Enforcement Directorate has issued a fresh summons to Bihar Deputy Chief Minister and RJD leader Tejashwi Yadav in the railway land-for-jobs scam case, asking him to appear on January 5, official sources said Saturday. He was earlier called to appear on December 22 but the 34-year-old skipped the summons. He had called the ED notice a routine affair. In the same case, his father and Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav has been asked to depose on December 27 at the ED headquarters in Delhi. The alleged scam pertains to the period when Prasad was the railway minister in the UPA-1 government. "There is nothing new in the summons. All these agencies -- ED, CBI and I-T department -- have summoned me so many times in the past and I have duly appeared every time. But now it seems to have become routine," the RJD leader told reporters on December 21 in Patna. He was one questioned by the ED in this case on April 11. It is understood that the summons come following the