Page 38 - Jobs

Covid-19 lockdown could take away 135 million jobs in India, says report

120 million people might be pushed back into poverty in India

Canada loses record 2 mn jobs in April, unemployment rate surges to 13%

As of May 5, more than 7.5 million Canadians had applied for some form of federal employment aid, according to government data.

IT professionals think worse coming in next 6 months: LinkedIn survey

One in three Indians have reported a decrease in their personal incomes, says 'Workforce Confidence Index' of LinkedIn.

Covid-19 impact: Lockdown takes a toll on jobs generated through MNREGA

The jobs generated under the scheme fell to a nearly 7-year low for which the data is available

Job offers revoked, IIT students find takers in IT and biotech firms

IITs have collectively written to all recruiters asking them to honour their offers

46% drop in hiring at Microsoft in April, only 3 jobs openings at LinkedIn

Google reportedly decided to freeze hiring for the rest of the year due to Covid-19 pandemic

Lockdown 2.0: Unemployment rate touches 26% amid Covid-19 outbreak

The labour participation rate has similarly fallen further from 35.5 per cent to 35.4 per cent and, the employment rate has now fallen to 26.1 per cent compared to 27 per cent in the earlier week

Fair to furlough? Britain's massive job-saving plan prompts pushback

While more than half of UK companies are expected to apply for government grants to pay furloughed employees, critics say they expect too much of the cash to go where it's not needed.

Over 15 million jobs at stake unless package announced immediately: FIEO

Need interest free loans, limited opening of manufacturing units soon, the Federation of Indian Export Organisations said

Around 80,000 jobs expected to be cut due to coronavirus lockdown: Report

The expectation of retrenchment of 20 per cent of employees by those featured in the survey amounts to 78,592 people.

Govt amends Apr 1 order, reserves all domiciles' jobs in Jammu and Kashmir

In the April 1 notification, the jobs were reserved only upto group 4 in the government

30.8 mn in tourism, hospitality may lose jobs because of coronavirus

The coronavirus impact could render 3.8 crore people jobless, which is around 70 per cent of the total workforce in the tourism and hospitality sector, according to a grouping. The Federation of Associations in Indian Tourism & Hospitality (FAITH) also said there should be a support fund for twelve months to support basic salaries with "direct transfer" to the affected tourism employees. "As a result of this pandemic, Indian tourism industry is looking at pan India bankruptcies, closure of businesses and mass unemployment," FAITH said in a letter to Prime Minister Narendra Modi. It is believed that around 70 per cent out of a total 5.5 crore workforce could get unemployed, which is around 3.8 crore people. This effect of job losses and layoffs has already begun throughout the country, it added. The figure is for direct as well as indirect jobs. "A large percentage of total tourism business activity of India, which is estimated at USD 28 billion+ in forex and upwards of Rs 2 lakh .

Coronavirus wrap: Exams deferred, soldiers on alert, Ramdev claim blasted

Prime Minister Narendra Modi will speak to the nation on Thursday evening about the coronavirus crisis. Here is all the important news about Covid-19 from Wednesday

Coronavirus could destroy up to 25 million jobs globally: Labour body

The organization called for urgent, large-scale and coordinated measures to protect workers in the workplace, stimulate the economy and support jobs and incomes

Searching for a turnaround push, Tata Steel Europe may cut 1250 jobs

It had in November decided to cut 3,000 jobs across its European business

Average stipend for summer internships at IIM Shillong jumps 17%

68 firms participated in the process this time, from domains such as consulting & strategy, finance, general management, human resources, operations, and sales & marketing

Why should women who are enthusiastic to join workforce exit labour mkts?

Labour force participation rate among young women in the age bracket 20-24 years was 14.3 per cent in the September-December 2019 period

Women in business can generate 170 mn jobs in India by 2030: Report

This is more than 25% of the new jobs required for the entire working-age population by 2030

IIM-Calcutta average salary offer for top 10% students hits all-time high

Taking Average salary offer for top 10% students at IIM-Calcutta hits all time high

State govt not bound to provide reservations in jobs and promotions: SC

"No mandamus can be issued by the court directing the state government to provide reservations," the bench said in its verdict