Page 2 - Jobs In Manufacturing

OpenAI pitched White House on need of massive 5GW data center buildout

OpenAI said investing in these facilities would result in tens of thousands of new jobs, boost the gross domestic product and ensure the US can maintain its lead in AI development

Manufacturing to determine India's growth path, says Piyush Goyal

Goyal argued some of the issues faced by companies in India revolve around land and lack of infrastructure

Automation paves way for women in originally male-dominated mfg sector

With the country moving towards becoming a USD 35 trillion economy by 2047, the manufacturing sector is rapidly adopting automation which is expected to increase recruitment of women, helping companies become more inclusive, a TeamLease Services senior executive has said. "These companies have begun adopting automation in phases in these male-dominated sectors and have started recruitment of women. We expect that with the increase in adoption of automation in these industries, companies will recruit more and more women going forward," TeamLease Services Chief Strategy Officer Subburathinam P told PTI. He further said that, in the manufacturing sector there are several challenges that companies face while becoming more inclusive like the deep-rooted societal norms and discrimination, a lack of diverse role models and leaders, and poor work-life balance. "In India's manufacturing sector, women are significantly underrepresented, making up only about 15-20 per cent of the workforce. ..

Budget makes employment push as youth share in formal job additions falls

Share of people younger than 25 in formal employment, as defined by EPFO additions, fell to 50.2% in 2023-24, from 68.9% in 2018-19

India needs to add 7.85 million jobs every year till 2030: Economic Survey

Manufacturing sector witnessed subdued employment growth in the past decade due to issues like bad loans, says Economic Survey 2023-24

Shrinking informal economy: Sign of formalisation or growing hardship?

The 2022-23 Annual Survey of Unincorporated Sector Enterprises shows a grim employment situation in the non-farm informal sector

Telecom equipment production sales cross Rs 50,000 crore under PLI scheme

Within three years, the Telecom PLI scheme has attracted investments of Rs 3,400 crore, with telecom equipment production exceeding Rs 50,000 crore, govt sources reveal

Modi govt's only mission is to make sure youth are jobless, alleges Kharge

The Modi government has only one mission and that is to "keep the youth jobless", Congress president Mallikarjun Kharge alleged on Tuesday in a scathing attack against the Centre on the issue of unemployment. The Modi government may be refuting independent economic reports like the one by Citigroup on unemployment but how will it deny government data, Kharge asked in a lengthy post on X citing various reports. "The truth is that Modi government is solely responsible for shattering the dreams of crores of youth in the last 10 years," he alleged. Kharge said the latest government data punctures the government's claims. According to NSSO's (National Sample Survey Office) Annual Survey of Unincorporated Sector Enterprises, in the manufacturing sector, 54 lakh jobs were lost in unincorporated units in the seven years between 2015 and 2023, he said. "In 2010-11, 10.8 crore employees were employed in unincorporated, non-agricultural enterprises across India, which has become 10.96 crore

Manufacturing wages are heading up amid labour shortage in country

Pay is rising faster than in other segments of the economy

Higher demand pushes hiring up as manufacturing PMI touches 58.3 in June

A figure above 50 in the index denotes expansion and that below signifies contraction

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal

On 100-day agenda, Goyal said the commerce department and DPIIT were still working on it and it was a "work in progress"

73% of Indian workers surveyed content with their salary: ADP Survey

ADP's annual flagship survey, People at Work 2024: A Global Workforce View, reveals that salary continues to be the most important factor for Indian workers surveyed in a job (55%)

Unemployment biggest worry in India, world's fastest growing economy: Poll

Prime Minister Narendra Modi's BJP, widely expected to return to power for a third straight term, had promised to create more jobs when elected in 2014

April business growth at near 14-year high on robust demand, show PMIs

The reading has been consistently above the 50-mark separating expansion from contraction since August 2021

Boost to local manufacturing: India-made chips may soon power iPhones

Micron plans to supply chips from Sanand unit to Apple

Taiwan signs migrant worker MoU with India, seen as new source of labour

The ministry will formally notify lawmakers of the MOU and hold follow-up meetings with Indian officials, according to the statement

Govt focusing on skill development to make youths job ready: Chandrasekhar

Union minister Rajeev Chandrasekhar on Friday said the government has been focusing on skill development of youths to make them ready for jobs and they should grab the opportunity. Before 2014, out of the 42 crore workers of the country, 31 crore used to go for work without skill and education and skill but now the scenario has been drastically changed following launching of Skill India in 2015, Chandrasekhar said. The minister of state for skill development and entrepreneurship was speaking at a Kushal Bharat Viksit Bharat' programme at Town Hall here. "Prime Minister Narendra Modi has changed the 65-years of disadvantage of our young workforce by skilling and upskilling them," he said. Chandrasekhar said the country was among the fifth fragile economies in the world before 2014 and now it is among the top five economies. "It is the new India. The youths will get a lot of opportunities if they have skill and education. We are focusing on skill development of the youth of the coun

Thousands of Indian workers queue up for jobs in Israel, undeterred by war

"There is unemployment here and its because of it that people want to leave," said Lekharam, a mason who was among the workers gathered at a recruitment camp in Rohtak, 66 km (40 miles) from Delhi

ESIC adds 1.6 million new members in November, 317K females: Payroll data

The Employees' State Insurance Corporation (ESIC) added 15.92 lakh new members in November 2023, according to provisional payroll data released on Tuesday. Around 20,830 new establishments were registered and brought under the social security umbrella of ESIC in November ensuring more coverage, the labour ministry said in a statement. The data shows that more jobs were generated for the youth during the month as out of the total 15.92 lakh employees added, 7.47 lakh, which constituted 47 per cent of the total registrations, were up to the age group of 25 years. Net enrolment of female members was 3.17 lakh in November 2023, according to the data. A total of 58 transgender employees were registered under ESI Scheme in November. It shows that ESIC is committed to delivering its benefits to every section of the society, the ministry stated. The payroll data is provisional since the data generation is a continuous exercise.

Hiring expected to recover in 2024; likely to witness 8.3% growth: Report

The overall hiring this year is expected to grow 8.3 per cent this year with the job market showing signs of recovery in December, a report said on Thursday. December witnessed a 2 per cent growth in hiring, the foundit Annual Trends Report said. It projected an overall hiring expansion of 8.3 per cent for 2024, with Bengaluru expected to see an 11 per cent surge. Key sectors that will experience increased hiring include manufacturing, BFSI, automotive, retail, and travel and tourism, it said. According to the data from the foundit Insights Tracker (fit), hiring activity in 2023 was 5 per cent lower than in 2022, indicating a slowdown in the job market. However, the index also showed a 2 per cent increase in the last month of 2023, suggesting a possible turnaround in the hiring scenario. "The economy experienced a shift towards the end of 2023, breaking the previous trend that had been consistent since mid-2022. The job market entered a phase of variability, where both quit and hi