Page 3 - Jobs India

July 2024 sees drop in white collar job vacancies, back to 2023 figures

The number of active job openings in July reflected a 4 per cent decline from July 2023 and a 10 per cent drop from July 2021, particularly in roles requiring one or more years of experience

Racing to the bottom

Job stagnation is manifesting itself in the growing demands from influential castes to compete for jobs reserved for historically marginalised groups

Hiring activity up 11% in July on job market's positive momentum: Report

The overall job market showed a positive momentum as hiring activity in July rose by 11 per cent compared to the same month of last year, a report said on Wednesday. According to the Foundit Insights Tracker (fit), hiring activity was down 1 per cent on a month-on-month (MoM) basis. Coimbatore has emerged as the leader in job growth among India's Tier-II cities, with a 24 per cent increase in hiring, followed by Jaipur with a 23 per cent rise. Other cities showing strong growth include Delhi-NCR (18 per cent), Chennai (14 per cent), and Pune (12 per cent), the report added. "The strong focus of the recent Union Budget on productivity and job creation is an encouraging sign for the recruitment industry. "We have also noticed that the salaries of employees have consistently risen driven by higher demand for fresh talent and competitive salary offerings. This growth is likely fueled by high-growth sectors such as technology, digital marketing, and e-commerce," Foundit (previously Mon

AI, agro-processing, gig economy with most job potential: Economic Survey

Economic Survey 2023-24: The gig workforce is expected to expand to 23.5 million by 2029-30, forming 6.7% of the non-agricultural workforce, and 4.1% of India's total workforce

1.8 mn posts in Indian financial services sector vacant: FBSB India CEO

A top official of the FPSB India (Financial Planning Standards Board) here on Wednesday said India is facing the issue of unemployability in the financial services sector because there were no takers of nearly 18 lakhs jobs last year. GIFT City in Gandhinagar, which employs nearly 6,000 people in the financial services sector, will generate nearly 1.5 lakh jobs in this sector in the next five years, FPSB India CEO Krishan Mishra told PTI here on Wednesday. "Last year, as per the data provided by the National Career Services portal of the central government, India created 46.86 lakh jobs in financial services. Of those, only 27.5 lakh jobs were filled. It shows that there were no takers for 18 lakh jobs. This is because of unemployability. Jobs are there, but people are not capable enough to take them up," said Mishra. "Banks, insurance companies, brokerage houses and mutual fund companies are always in need of trained people. If you conduct an online job search, you will find that .

Exports to jobs: 5 macro signals FM should heed ahead of Budget 2024

Rural consumption slowdown and slowing bank deposits are among other issues she should consider

Air India announces salary hike, annual performance bonus for pilots

The new compensation structure, effective April 1, will see first officers and captains receive a monthly salary hike of Rs 5,000, while commanders' pay will be raised by Rs 11,000

Contractual job hiring by firms up 15% CAGR since Jan 2022, says report

Businesses opting for flexible employment models to manage costs, it says

Job applicant sends their CV through Blinkit: "The hustle is real"

A job applicant was looking for a job and shared his CV and cover letter through Blinkit. An X user, Aditya, shared a post on X and wrote "the hustle is real"

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

From jobs to MSP, what has changed in Congress' manifesto from 2019

Lok Sabha elections 2024: The manifesto pledged to conduct a nationwide Socio-Economic and Caste Census to assess caste and sub-caste demographics along with their socio-economic status

ILO report, job searches: Employment data grim as FY24 draws to a close

Indian job market has several challenges, says new report by ILO

The other side of India's jobs story

The bigger problem is the nature of employment, rather than unemployment, and the realistic solution could be fostering farm-related enterprises

Embracing 'Make Products in India'

It is time shift the focus from 'Make in India' and foster local innovation to create high-income jobs and improve the quality of life for Indians

Deloitte pegs average corporate salary increment in India at 9% in 2024

Companies are likely to offer double-digit increments to junior management

India needs equivalent of BLS in US for jobs data: Wadhwani Foundation CEO

A comprehensive jobs data is the need of the hour in India to help understand what kind of employment opportunities are getting created and which sectors are hiring, and the government should look at developing an equivalent of the Bureau of Labour Statistics (BLS) in the US, Wadhwani Foundation Global President and CEO Ajay Kela told PTI. "India is a young country and the youth population is massive. Every month we have one million people who turn 18 and they need jobs. We must make sure there are jobs available for all such people who need to support themselves and their families," Kela told PTI in an interview on Tuesday. On his expectations from the interim budget, Kela said, "What's missing in India is that there is no solid data in the job space. The US has the BLS, we don't have an equivalent of that. "Any programmes or schemes you develop... in the absence of not understanding what jobs are getting created, which sectors are hiring, what do the next 4-5 years look like in ..

Back to campus: Startups to fire up hiring engine for talent boost

Hiring among these startups increased by 20 per cent during the year compared to 2022. Moreover, they reported that the reduction in their workforce decreased by 7 per cent in 2023

US media layoffs top 3,000 in past year as digital ads disappoint

The job reductions include some of the most storied names in the business. Time magazine cut 15% of its staff. Conde Nast, publisher of Vogue and the New Yorker, has let go 5%

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.

150,000 youth rendered unemployed: Rahul slams govt over Agnipath scheme

Congress leader Rahul Gandhi on Wednesday attacked the government over the Agnipath military recruitment scheme, alleging that 1.5 lakh youths, who had been promised appointment under the previous process, were left unemployed and frustrated. Gandhi posted on YouTube his interaction during the Bharat Jodo Nyay Yatra with youths who had reportedly cleared the earlier recruitment process but were not given appointment. In a post in Hindi on X, Gandhi said, "The Agneepath scam has betrayed the patriots of India - promising 1.5 lakh youth appointments under the old recruitment process while giving them unemployment and frustration in return," he said. "The government should either give them recruitment or compensation - we will not stop until we get 'justice for youth'," Gandhi said. The Agnipath scheme, announced on June 14, 2022, provides for the recruitment of youngsters in the age bracket of 17-and-a-half to 21 years for only four years with a provision to retain 25 per cent of the