Page 13 - Jobs

White collar hiring falls 6% in Aug on caution in IT, auto sectors: Rpt

White collar hiring in India witnessed a 6 per cent year-on-year decline in August following cautious sentiment in IT, insurance, auto, healthcare and BPO sectors, a report said on Monday. In August this year there were 2,666 job postings, as against 2,828 job postings in the year-ago period. On a sequential basis, hiring went up by 4 per cent in August 2023, as against 2,573 job postings in July 2023, according to the Naukri JobSpeak Index. The Naukri JobSpeak is a monthly Index representing the state of the Indian job market and hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com. "Jobspeak Index for August 2023, reveals optimistic hiring sentiments being driven by non-IT sectors such as oil and gas, hospitality, and pharma. "The IT sector also showed positive signs, registering sequential hiring growth after declining for the past few months. This is a healthy indication of normalcy trends returning to white-coll

Punjab sees fivefold rise in study loans; statistics indicate exodus

Experts told Mint that the difficult job market in Punjab has led to young individuals seeking opportunities abroad

Assam to advertise 22,000 govt jobs in two months, says CM Himanta

Assam Chief Minister Himanta Biswa Sarma has announced that 22,000 posts will be advertised within the next two months in order to recruit one lakh people for government jobs under the present BJP-led regime. At an official function, Sarma distributed appointment letters to 514 candidates of the last Assam Direct Recruitment Examination (ADRE) to fill up vacancies in Class-III and Class-IV posts under various departments. The total number of government jobs offered till date during his term as the chief minister stands at 87,402, Sarma said. "Within a month or two, advertisements for recruitment to fill another 22,000 vacancies will be published. That will take the total number of recruitments to well above the 1-lakh promised earlier," he said on Sunday. The BJP had promised to provide one lakh government jobs in Assam during the campaigning of the 2021 assembly polls. Sarma said the decision to offer one lakh jobs to unemployed youths of Assam was ratified by the state cabinet i

US hiring likely to slow again amid writers' strike, Yellow bankruptcy

Two high-profile events in particular - the Hollywood writers' strike and the bankruptcy of trucking company Yellow Corp

US jobless claims applications inch back down as firms hold on to employees

US applications for unemployment benefits fell slightly last week as companies held on to employees in an economy that has largely withstood rapidly rising interest rates, intended to cool hiring and spending, for more than a year. The number of Americans applying for jobless benefits last fell week by 4,000, to 228,000 the week ending August 26, the Labor Department reported Thursday. The four-week moving average of claims, which evens out some of the weekly volatility, rose by 250 to 237,500. Jobless claim applications are seen as representative of the number of layoffs in a given week. The Federal Reserve, in its now year-and-a-half battle against inflation, has raised interest rates 11 times to 5.4 per cent, the highest level in 22 years. Part of the Fed's intent was to cool the job market and bring down wages, which many economists believe suppresses price growth. Though some measures of inflation have come down significantly from as much as 9 per cent down closer to 3 per c

Rojgar Mela in Sikkim: 104 recruits get job orders including 7 locals

Rozgar Mela was organised on the premises of the Sikkim Tourism Department building in Gangtok in which appointment letters were distributed to newly inducted personnel in different Forces on Monday

Over 15 mn jobs created across 9 sectors under Modi govt: Bhupender Yadav

Union Minister for Labour and Employment Bhupender Yadav on Monday said more than 1.5 crore jobs have been created in nine organised sectors, including IT, manufacturing, trade and transport, during the nine-year rule of Narendra Modi government at the Centre. Yadav was speaking at a Rozgar Mela organised at the Central Ordnance and War Skills School (CSWT) of the Border Security Force (BSF) in Madhya Pradesh's Indore city. More than 1.5 crore jobs have been created in nine organised sectors, including information technology, manufacturing, trade, transport, education, hospitality and medical sector, besides agriculture during the Modi government's tenure, he said. Yadav said along with the expansion of manufacturing capacities in the country, the registration of new industries and enrolment of new members in the Employees' Provident Fund Organisation (EPFO) has increased, which shows a positive growth rate of employment. Nine years ago, India used to be among the five most fragile

Fresh formal job creation touches 9 month high in June, shows EPFO data

The monthly data released by the EPFO is part of the government's ongoing effort to monitor formal-sector employment using payrolls as a metric

Odisha approves nine new industrial projects to generate 2,500 jobs

The Odisha government on Monday approved nine new projects worth investment of Rs 873 crore which will create employment opportunities for 2,500 people in the state, an official said. The approval was made at the State Level Single Window Clearance Authority (SLSWCA) meeting chaired by chief secretary PK Jena. Petronet LNG Limited's compressed biogas and fermented organic manure plant will be set up with an annual capacity of 33,065 M in Deogarh district, the official said. Pearl Precision Products Private Limited also received the approval for a cutting-edge plastic faucet, water tank, pipes, and fittings manufacturing unit at Paradeep Plastic Park in Jagatsinghpur district. Indopet Polyplast Private Limited has received the nod to establish a high-capacity manufacturing unit for food-grade pet bottles, jars and pre-forms, with an annual capacity of 8,000 MT in Khurda district, the official said. The state government also approved TRL Krosaki Refractories Limited's proposal. The

Majority of cos expect new or replacement hiring in July-Dec period: Survey

Majority of companies plan to recruit people, including as new and replacement hires, in the second half of 2023, a survey said on Monday. The Naukri Hiring Outlook Survey also showed that most recruiters expect business development, marketing, and operation roles to lead hiring during the July-December period. Over 1,200 recruiters and consultants took part in the survey, which is conducted twice a year to gauge recruitment trends in companies and industries across the country. Around 92 per cent of the recruiters expect companies to hire professionals. About 47 per cent of the recruiters predicted new and replacement hiring while 26 per cent expected new job creation, it said. As per the findings, about 20 per cent of the recruiters said they would maintain their headcount during the six months and only 4 per cent foresaw layoffs or downsizing during this period. Nearly 70 per cent of the recruiters surveyed expect attrition rates to remain below 15 per cent, suggesting employe

Will attain target of providing 2 mn jobs by next year: Nitish Kumar

Bihar Chief Minister Nitish Kumar Tuesday said the Mahagathbandhan government in the state will attain its target of providing 20 lakh jobs to its youths by next year. The government has ensured at least 30 per cent job reservation for women and has always given top priority to educating girls as an all-round development of society cannot be achieved without women, he said addressing the Independence Day function at Gandhi Maidan here. He lambasted the Narendra Modi government at the Centre for not giving special status to Bihar, which, he claimed would have made unimaginable progress had the long-standing demand for it was met. "We are making do with whatever resources we can marshal," he said. Maintaining communal harmony and peace in the state and providing better health facilities are the top priority of the Bihar government, the chief minister said. Last year, we had announced 10 lakh government jobs to the youths of Bihar and an additional 10 lakh employment opportunities in

Haryana notifies appointment policy for battle casualties' family members

The Haryana government on Monday notified a revised compassionate appointment policy for family members of armed forces and the Central Armed Police Forces personnel who die in the line of duty and are declared as "battle casualties". The policy was accorded a Cabinet nod on August 4. The earlier policy provided jobs solely to the dependents of those personnel who lost their lives in border skirmishes, terrorist attacks or riots and were formally declared as martyrs by the Ministry of Defence or the Union Ministry of Home Affairs, a statement said. According to the revised policy, dependents of martyrs who lost their lives in various incidents in the line of duty, be it in wars, IED blasts, terrorist or militant attacks, border skirmishes, United Nations peacekeeping missions or even in accidents, cardiac arrests, air crashes, and natural calamities that demand exceptional courage and dedication will be provided compassionate appointment, it said. The policy widens the scope of ...

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