Page 5 - Jobs

Over 2 million AI jobs in India with a 1 million talent gap: Bain & Company

In 2025, India's total AI talent pool will grow from 800,000 in 2024 to 940,000. However, the baseline demand for AI talent, which will be 1.5 million, could peak at 2 million.

PM Internship Scheme 2025: Application process set to close on March 12

PM Internship Scheme 2025: As per the Ministry, each intern will get a monthly stipend of ₹5,000, and a one-time financial assistance of ₹6,000. The last date to apply is March 12

Global CEOs split on GenAI's impact on jobs, automation concerns rise

For instance, DBS Group expects its workforce to reduce by 10 per cent, or 4,000 employees, over the next three to four years

NCS portal registered 4 million employers: Labour secretary Dawra

The National Career Service (NCS) portal has mobilized over 440 million vacancies and registered 4 million employers, a top official said. NCS is a mission mode project under Ministry of Labour and Employment that provides a host of career-related services. The information was given by Labour Secretary Sumita Dawra during the first G20 Employment Working Group (EWG) meeting in South Africa that concluded on Friday. Case studies were presented on both eShram and NCS, which drew much interest of delegates of G20 members on India's strides in harnessing technology for the labour market, the ministry said in a statement. As per the case study on NCS portal, Dawra pointed that the portal had mobilized over 440 million vacancies and registered 4 million employers, bridging the gap between job seekers and employers. NCS is also integrated with the Skill India Digital Hub (SIDH). Upskilling initiatives in green jobs, AI, and the platform economy were prioritized to meet future workforce .

Unemployment rate in urban areas dips to 6.4% in December quarter: NSSO

The unemployment rate for people aged 15 years and above in urban areas dipped to 6.4 per cent in the October-December quarter, according to the National Sample Survey Survey (NSSO). Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force. The unemployment rate in the December quarter of FY24 was 6.5 per cent. However, the rate stayed flat when compared sequentially. In the preceding July-September quarter of FY25, the rate of unemployment for people aged 15 years and above in urban areas was at the same level of 6.4 per cent, the 25th Periodic Labour Force Survey (PLFS) showed. The unemployment rate among females (aged 15 years and above) in urban areas declined to 8.1 per cent in October-December 2024 from 8.6 per cent in the same quarter a year ago. The rate was 8.4 per cent in July-September, 2024. Among males, the unemployment rate in urban areas remained flat at 5.8 per cent in October-December 2024 as compared to the rate of

India faces growing job crisis: Just 42.6% of graduates are employable

India's job crisis deepens as only 42.6 per cent of graduates are employable, sparking concerns over the growing skill gap in an AI-driven workforce

India to supply 100,000 care workers annually to global market: NSDC CEO

The NSDC is also placing special focus on partnering with educational institutions in Tier-II and Tier-III towns, as a large portion of the country's workforce resides in these areas

Blaming welfare schemes for labour woes ignores real economic shifts

For India Inc, like big business everywhere, the standard response is to view welfarism as an impediment to business plans

Verint to increase India workforce to 1k by FY26 end, hire in R&D roles

A majority of these hires will be in engineering, data sciences, artificial intelligence (AI), and cloud operations, the company's global chief technology officer said

40% rural youth struggle for jobs over lack of skills, language proficiency

Around 40 per cent of rural youth struggle to secure employment mainly due to lack of skills and language proficiency, stated a report by business process management company Vertex Global Services. One of the most significant barriers identified in a survey is the language proficiency gap, which particularly affects rural youth, the report said. The survey, which gathered insights from 1,200 youths and working individuals across five states - Delhi, Uttar Pradesh, Karnataka, Punjab, and Andhra Pradesh - paints a clear picture of the potential for positive change, it said. The survey said that 33 per cent of the respondents highlighted the challenge of limited job opportunities in their region. This is compelling the youth to migrate from rural regions to urban centres in search of enhanced training and industry exposure as well as higher-paying jobs, it stated. About 27 per cent of respondents underscored financial constraints as one of the major challenges in securing good job ..

GCCs expected to create 425,000 to 450,000 jobs this year, says report

Most of the hiring will be for entry-level talent, with demand for skills in customer experience and support services (17 per cent), cybersecurity and data protection (17 per cent)

Delhi voters seek action on daily issues like sanitation, jobs, inflation

Delhiites on Wednesday exercised their right to vote while expressing concerns about key issues such as civic amenities, employment opportunities, and inflation -- matters which directly impact their daily lives. Basin (67), a resident of Kalkaji, said he was voting in the hope of improving the entire constituency. "I am here to vote against corruption and poor sanitation. The issues don't need to be highlightedjust look at the roads. When you step out of the house, you can clearly see all the sanitation problems. The entire constituency needs cleanliness. The roads are there, but they're broken and congested. Similarly, the drainage and sewage systems are open," he stated. Polling, which began at 7 am, is underway at 13,766 stations across Delhi's 70 constituencies to decide the fate of 699 candidates. It will continue until 6 pm. Damodar Kumar (50), a motorcycle garage owner and resident of Okhla, said the maintenance of public washrooms is poor and open drains also trouble the .

LinkedIn to tell job seekers how likely they are to get a response

Three of the biggest job search sites - LinkedIn, Indeed and Greenhouse - have put tools in place to highlight which companies frequently respond to applicants in a timely manner

Infosys to expand Pocharam Campus, creating 17,000 new jobs in Telangana

Infosys, which already employs over 35,000 people at its Pocharam campus, aims to complete the first phase of the expansion within 2-3 years

81% companies back PM's internship scheme: Teamlease Edtech survey

Flag concerns around finding interns with the right skillset

AI set to reshape 38 mn jobs in India by 2030, boost productivity: EY

EY's analysis of over 10,000 tasks across industries highlights varying productivity gains across sectors

Budgeting in the time of Trump: Balancing growth, jobs, and governance

The government must focus on improving governance and performance at PSUs and public sector banks (PSBs)

Farm workers, drivers largest growing jobs; cashiers most declining: Study

Farm workers and drivers will figure among the fastest growing jobs over the next five years, while roles of cashiers and ticket clerks will see the largest decline, a new study showed on Wednesday. In its Future of Jobs Report 2025, the World Economic Forum (WEF) also said that 170 million new jobs will be created by 2030, while 92 million are projected to be displaced, resulting in 78 million net new jobs. The report, released days before the WEF Annual Meeting in Davos from January 20-25, said that job disruption will equate to 22 per cent of jobs by 2030. Technological advancements, demographic shifts, geoeconomic tensions, and economic pressures are the key drivers of these changes, reshaping industries and professions worldwide. Drawing on data from over 1,000 companies, the study found that the skills gap continues to be the most significant barrier to business transformation today. Nearly 40 per cent of skills required on the job are set to change, and 63 per cent of employ

172 mn jobs created during 2014-24; 46 mn in FY24: Mansukh Mandaviya

He also highlighted that there has been tremendous growth in youth employment and a reduction in unemployment rates, as evidenced by the latest PLFS

Key Financial Planning Tips Before Starting Your Career

In this episode of Manager’s Mantra, Harsh Gahlaut, Founder & CEO of FinEdge, shares expert advice on launching businesses, managing global teams, and mastering personal finance.