Microsoft is laying off over 6,000 employees, its biggest job cut after 2023. What’s behind this move, and what does it signal for the tech industry? Watch to know!
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American employers added a better-than-expected 1,77,000 jobs in April as the job market showed resilience in the face of President Donald Trump's trade wars. Hiring was down slightly from a revised 1,85,000 in March and came in above economists' expectations for a modest 1,35,000. The unemployment rate remained at a low 4.2 per cent, the Labour Department reported Friday. President Donald Trump's aggressive and unpredictable policies including massive import taxes have clouded the outlook for the economy and the job market and raised fears that the American economy is headed toward recession. But Friday's report showed the damage isn't showing up in the labour market yet. The labour market refuses to buckle in the face of trade war uncertainty, Christopher Rupkey, chief economist at fwdbonds, a financial markets research firm. Politicians can count their lucky stars that companies are holding on to their workers despite the storm clouds forming that could slow the economy further
But these enterprises, a pilot study showed, accounted for only 36.84 per cent of total compensation
More than 172,000 Pakistanis left their homeland in the first quarter of 2025 to seek job opportunities abroad, with nearly 100,000 individuals categorised as general labourers, according to official data. The Bureau of Immigration and Overseas Employment (BI&OE) updated on its website the details of Pakistanis who went out of the country in the first three months of 2025. The report showed that 172,144 individuals left the country between January and March in search of better work opportunities abroad. Saudi Arabia emerged as the top destination for Pakistani workers, attracting the highest number of job seekers at 121,190. Oman followed in second place as it saw 8,331 Pakistanis seeking employment, while the United Arab Emirates welcomed 6,891. Qatar also proved to be a popular choice, with 12,989 Pakistanis finding work there, and Bahrain saw an influx of 939 Pakistani workers. Other notable destinations included the United Kingdom (1,454), Turkiye (870), Greece (815), Malaysia
Recruiters making double-digit offers to undergraduate students on campus this year include several large firms across sectors
Join Heidi Sichien, Chief People’s Officer at Royal Philips, as she shares insights on leadership, inclusion, AI in HR, and how young professionals can thrive in today’s evolving workplace.
The Delhi government has announced a fresh hike in minimum wages across all worker categories. It’s aimed at easing the pinch of rising living costs and inflation.
The hiring outlook for this financial year remained positive as 45 per cent of employers interviewed said they plan to hire for new permanent positions, a report said on Saturday. A significant 45 per cent of employers plan to hire for new permanent positions, while 13 per cent plan to replace manpower in their existing positions, workforce solutions and HR services provider Genius Consultants said in a report - Hiring, Compensation & Attrition Management Outlook Survey for 2025-26. The report is based on insights from 1,520 CXOs and senior-level dignitaries of organisations across various industries for the upcoming financial year. The report further revealed that the growth of the importance of temporary hiring is widely visible, as 26 per cent of the employers focus on temporary, contractual, or project-based roles. However, 16 per cent of organisations indicated no hiring plans for FY26, highlighting a cautious approach. When asked about the primary focus of hiring, the report
US consumer sentiment plunged in April, the fourth consecutive month of declines, in a seemingly sharp rebuke of President Donald Trump's trade wars that have fuelled anxiety over possible job losses and rising inflation. The preliminary reading of the University of Michigan's closely watched consumer sentiment index, released Friday, fell 11 per cent on a monthly basis to 50.8, the lowest since the depths of the COVID-19 pandemic. Over the past year, sentiment has tumbled 34 per cent. The decline was pervasive and unanimous across age, income, education, geographic region, and political affiliation, said Joanne Hsu, director of the survey. The share of respondents expecting unemployment to rise in the coming months increased for the fifth straight month and is now the highest since 2009 during the Great Recession. While consumer sentiment is not always a reliable indicator of the overall economy, it has at times reflected shifting vibes in how the public feels about presidential .
Tata Steel's Netherlands operations were impacted in FY24 due to a delay in the relining of one of the blast furnaces
Offers from offbeat sectors lay out a bigger career canvas
Among union territories (UTs), men in Delhi spent the highest time (406 minutes) on 'employment-related activities'
Speaking on The Tonight Show Starring Jimmy Fallon, Bill Gates said advancements in AI would make intelligence freely available and commonplace
According to the recent Ministry of Tourism data, religious tourism witnessed 1,439 million tourists in 2022, generating ₹1.34 trillion in revenue
In a written reply to the MP Assembly, minister Gautam Tetwal said more than 26 lakh unemployed youths were registered on MP Rojgar Portal, a portal for jobseekers in the state
One in three candidates placed by Careernet is a woman, marking the highest representation in six years and a consistent trend over the last two years
The strong salary growth spans across junior and mid-level roles, fueled by demand in fields like AI, ML, Cloud Computing, and Cybersecurity
Maximum interns who have joined the scheme are from Uttar Pradesh (1,234) followed by Assam (994), Bihar (715) and Madhya Pradesh (693)
GST rate rationalisation and expansion must be done not only to achieve simplification but also to subserve large-scale employment and environmental policy goals