Page 13 - Jobs

QwikSkills plans to hire 300 trained professionals by end of 2023

Skill development player QwikSkills on Wednesday said it is planning to hire 300 skilled professionals by the end of 2023. "By adding 300 proficient professionals to our ranks, we are augmenting our operational capabilities and reinforcing our commitment to delivering world-class skill training. Our goal is clear - to empower individuals with the most relevant skills, equipping them to thrive in an ever-evolving world," QwikSkills CEO Varun Mahajan said in a statement. At present, the company has 110 employees.

Kharge lashes out at BJP, says only 1.2 mn formal jobs added in 5 years

Congress president Mallikarjun Kharge on Friday claimed that India under the Modi government has added only 12.2 lakh formal jobs in the past five years, and said that for the survival of the poor and middle class, the BJP needs to be "thrown out of power". Kharge charged that the BJP has "miserably failed" to provide employment. "India under Modi Govt has added ONLY 12.2 Lakh Formal Jobs in past 5 years! That means an average of JUST 24,400 Jobs per year!" he said in a tweet. "We are not inventing this figure. It is the Modi government which created this narrative that EPF Regular Contributors = Creation of Formal Jobs! The EPF data corroborates this," Kharge said. The BJP promised two crore jobs per year which means 18 crore jobs could have been created in nine years, the Congress president said. "Our youth is staring at a dark future," he claimed. "No wonder, there is anger and violence on the streets. The BJP has miserably failed to provide Employment! Unimaginable unemploym

Lucknow next industrial, logistic hub; to generate 70K jobs in 5 yrs: CBRE

Lucknow region is emerging as a key industrial and logistics hub in North India after Delhi-NCR as the warehousing sector is estimated to generate 70,000 direct employment opportunities over the next five years, according to property consultant CBRE. In a statement on Thursday, CBRE South Asia said that Lucknow region has witnessed about Rs 400 crore of investment by leading players like Amazon, Mondelez and Flipkart in the last five years, and an additional Rs 70 crore investment is expected in the development of warehouses in the city. The demand for quality warehousing space has consistently grown in Lucknow over the past five years and attained record levels in FY23, the consultant said. The total leasing of warehousing space in Lucknow region in 2022-23 stood at 0.18 million square feet from 0.11 million square feet in the previous year. Currently, the Lucknow region has a total of 5.2 million square feet of warehouse stock with about 1.4 million square feet of Grade A supply

India's overall unemployment rate falls in July due to farm demand

The total joblessness rate fell to 7.95% in July, from 8.45% in June, according to data released by private forecaster Centre for Monitoring Indian Economy

Hiring for white collar jobs in India falls 19% in July, says report

Hiring for white collar jobs declined 19 per cent in July compared to the year-ago period as many sectors, including FMCG, retail, insurance and education, witnessed cautious recruitment sentiments, according to a report. According to the Naukri JobSpeak Index released on Tuesday, job postings for white collar hiring in July stood at 2,573, down 8 per cent compared to the previous month, and down 19 per cent compared to July 2022. Naukri JobSpeak is a monthly index representing the state of the country's job market and hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com. The IT industry hiring continued to remain an area of concern, with a 46 per cent decline in new jobs created compared to July last year, it said. Besides IT, FMCG, retail, BPO, insurance, and education sectors showed cautious hiring sentiments with a 16-23 per cent decline in new job creation compared to July last year. Sectors focused on the domes

62% corporate employees get salary hikes, small cities do better: Study

19% executives in leadership positions receive increments in the 5-10 per cent range

Only 45% of India's graduate jobseekers are employable, says study

The study suggests that finding candidates with high employability in non-technical skills is easier than finding candidates with high job readiness for technical skills

Over 463,000 recruited in govt jobs in 5 years: Centre tells Parliament

More than 4.63 lakh candidates have been recruited in government jobs in the five years till March this year, Parliament was informed on Thursday. "Total candidates recommended by UPSC, SSC and RRBs from 01.04.2018 to 31.03.2023 including SCs, STs and OBCs are 4,63,205. Apart from this, SSC and RRBs have recommended 1,03,196 candidates for appointment in the 1st quarter of 2023-24," Union Minister of State for Personnel Jitendra Singh said in a written reply to Rajya Sabha. The government has issued the instructions to all ministries and departments for timely filling up of vacant posts, he said. "Rozgaar melas being organised by government of India are expected to act as catalyst in filling up of all vacant posts," Singh said. In another reply, the minister said that filling up of vacant posts in various ministries and departments is a continuous process. "Rozgar mela is expected to act as a catalyst in further employment and self-employment generation and provide gainful service

Dunzo defers employee salaries for June, July till September: Report

Bengaluru-based quick commerce startup Dunzo has deferred salary payouts for its employees again, according to sources. An internal mail was shared with employees in which the cash-strapped logistics firm, previously backed by Google and Reliance Retail, has stated that the remaining salary for June and July would be paid with the August salary payout, in the first week of September, sources said. The company did not immediately comment on the development. Dunzo had previously delayed salaries of half of its 1000-strong workforce till July 20, impacting their top management the most. In April this year, the company had raised USD 75 million (around Rs 616 crore) and also fired about 400 employees in the first half of this year as part of cost-cutting measures.

Wage bill of listed pvt. companies up 17% at Rs 11.5 trn in FY23: Report

The rising trajectory of private corporate wage bill appears structural, having grown from around 9 per cent of GDP in FY12 to around 13 per cent in FY22

London workers more gloomy about prospects of finding a new job: Report

About 38% of people in London said they were "not confident" about their ability to find another job in three months if they lost the one they had, according to a survey by Deltapoll

TN skill development centre eyes to create 10,000 new jobs in BFSI segment

Tamil Nadu Skill Development Centre has drawn up plans to generate 10,000 jobs in the banking and financial services sector under the government's 'Naan Mudhalvan' scheme. Industry leaders engaged in the BFSI sector at a recent round table meeting extended their support to the state government's skilling initiatives to train the youth and college students. Naan Mudhalvan CEO (Tamil Nadu skilling and capability enhancement platform) M Jayaprakasan, chief mentor Sai Reddy highlighted the need for scaling up the BFSI sector at the meeting. "We want you to enter colleges, and do skill-based courses. We are more interested in course objectives, course outcomes, and skills imparted... the government is keen in making Tamil Nadu the skill capital for the region", Jayaprakasan said. Under the 'Naan Mudhalvan' initiative, he said over 10,000 students underwent various skilling courses in the banking, financial services, and insurance sector. "Over 4,000 of them got placed and the process i

White collar hiring dips 3% on cautious recruiter sentiments: Report

White collar jobs witnessed a 3 per cent annual decline in June due to cautious recruiter sentiments in sectors including IT, BFSI, manufacturing, according to leading talent platform foundit. Sectors such as IT (- 19 per cent), BFSI (- 13 per cent), Home Appliances (- 26 per cent), and Production/ Manufacturing (- 14 per cent) have not yet bounced back to last year's hiring numbers, despite the monthly positive incline seen in a few of these industries, it said. The foundit Insights Tracker (fit), earlier known as Monster Employment Index, is a monthly analysis of online job posting activity based on a real-time review of millions of employer job opportunities. However, on a month-on-month basis, there was a 2 per cent growth, which indicated a resurgence in online hiring activity across key industries. Positive e-recruitment activity was observed in June 2023, on a month-on-month basis, with sectors such as healthcare (11 per cent), BPO (7 per cent), production and manufacturing

While collar hiring dip 3% in June on cautious recruiter sentiments: Report

White collar jobs witnessed a 3 per cent annual decline in June due to cautious recruiter sentiments in sectors including IT, BFSI, manufacturing, according to leading talent platform foundit. Sectors such as IT (- 19 per cent), BFSI (- 13 per cent), Home Appliances (- 26 per cent), and Production/ Manufacturing (- 14 per cent) have not yet bounced back to last year's hiring numbers, despite the monthly positive incline seen in a few of these industries, it said. The foundit Insights Tracker (fit), earlier known as Monster Employment Index, is a monthly analysis of online job posting activity based on a real-time review of millions of employer job opportunities. However, on a month-on-month basis, there was a 2 per cent growth, which indicated a resurgence in online hiring activity across key industries. Positive e-recruitment activity was observed in June 2023, on a month-on-month basis, with sectors such as healthcare (11 per cent), BPO (7 per cent), production and manufacturing

Delhi, Mumbai lead in hiring by companies; southern city third: Report

Demand by employers shows a thaw in hiring freeze in some sectors, says trend shows a thaw in hiring freeze in some sectors

AIIMS suspends order putting research staff recruitment process on hold

Facing protests by scientists, the AIIMS administration on Monday suspended its earlier order in which it had put the recruitment/selection process of research staff on hold and stated that the guidelines for the same are being reviewed. Scientists who are all either working in research projects or pursuing PhD at AIIMS under the banner of Society of Young Scientists (SYS) had been protesting against the administration's proposal to cap the number of years one can be employed in projects at the premier medical institute. AIIMS Faculty Association, Resident Doctors' Association, Nursing Union and The Officers' Association of AIIMS among others had extended support to the protesting scientists. Revoking its earlier order, an office memorandum (OM) by the AIIMS administration on July 10 said the guidelines for recruitment for project staff are being revised. "According to inputs from many Principal Investigators (PIs), as a result of this many projects have not been able to function

Precise, personal campaigns: When brand AI comes to advertising industry

AI is all set to transform marketing, making ads more targeted and increasing efficiency. But that is the good news. The bad news is that the adoption of AI into marketing will lead to job losses

PM Modi has created opportunities for jobs, enterprises: Ashwini Vaishnaw

Asserting that good infrastructure spurs growth in all sectors, Union Railways Minister Ashwini Vaishnaw on Saturday said Prime Minister Narendra Modi has created employment opportunities for youth and also a framework to promote startups in the country. The Vande Bharat, airports, ports modernisation, highways, and expressways, among other projects are examples of how infrastructure would make a difference in people's life, he noted. "After graduation, you will join some stream of economic activity where infrastructure plays a very big difference. If you have good infrastructure in the country, then the shipping industry and other sectors, too, develop," the Minister said while speaking at the 19th convocation of SRM Institute of Science and Technology, here. He said the Modi-government has ensured development across all sectors. Ten years ago the country imported electronics products but today 98 percent of the electronic components were made in India. And Tamil Nadu contributed .

US job growth slows in June and unemployment rate declines to 3.6%

There was also a jump in the number of people working part-time for economic reasons last month, in part because their hours had been reduced due to work slack or business conditions

Almost half of workers in India don't feel secure in their jobs: Survey

Job insecurity is a growing concern for workers worldwide, and in India 47 per cent of employees do not feel secure in their positions, says a survey. According to the ADP Research Institute's People at Work 2023: A Global Workforce View report, a concerning 47 per cent of employees in India do not feel secure in their positions. "Workers are bound to be worried about their jobs in these volatile and uncertain economic times, especially in light of recent reports of large-scale job losses at prominent corporations and the alleged threat of AI to human employment," said Rahul Goyal, MD, ADP. Across markets, feelings of job insecurity are highest among the young. According to a survey of over 32,000 workers, half of Gen Z (18-24 year-olds) said they do not feel secure in their jobs. This is double the proportion of over 55-year-olds who say the same. Goyal further noted that "many businesses continue to have serious problems finding and keeping talent, so the situation may not be as