Page 8 - Jobs

Creating employment

Budget takes an untested approach to job creation

Right to livelihood: Job creation gets Budget boost with incentives

Only those employers that hire 50 non-EPFO-enrolled workers, or 25 per cent of its previous year's EPFO employees, will be eligible

India must strengthen manufacturing sector to create jobs: Fitch analyst

During Tuesday's annual budget, India's government announced plans to spend $24 billion to create jobs over the next five years and $32 billion on rural development this year alone

Budget 2024: Hostels, skilling among initiatives for women in workforce

In her Union Budget 2024 speech, FM Sitharaman also said that partnerships would be created to organise women-specific skilling programmes in India

Budget 2024 to provide Rs 1.48 trn for education, employment and skilling

In her record seventh Budget speech, Sitharaman said that the Budget would focus on employment, skilling, micro, small and medium enterprises (MSMEs), and the middle class

117,254 DPIIT-recognised startups created 1.2 mn direct jobs: Eco Survey

Startups soar from 300 to over 100k in 7 years

Karnataka govt halts Bill mandating private firm quotas for Kannadigas: CMO

The Bill mandates firms in the state to prioritise local hires for 70% of non-management roles and 50% of management-level jobs

India Post GDS Recruitment alert 2024: Apply for 44,228 vacancies online

India Post GDS Recruitment 2024: Massive recruitment drive for Gramin Dak Sevak (GDS) posts by India Post. The last date to apply is August 5, 2024. Here's all you need to know

Eighty million new jobs in last three to four years, says PM Modi

Prime Minister Narendra Modi on Saturday said that as per a report by the RBI, eight crore new jobs were made available in the country in the last three to four years. Modi was speaking at an event in Mumbai's Goregaon suburb after launching and laying the foundation stone for Rs 29,000 crore projects in road, railway and port sectors in the city. RBI recently published a detailed report on employment. As per the report, around eight crore new jobs were created in the last three-four years. This figure has silenced those spreading fake narrative on jobs, Modi said. "Skill development and employment are needed in the country and our government is working in this direction," he said. The upcoming infrastructure projects in and around Mumbai will boost connectivity of the city with nearby areas, he said. Small and big investors have welcomed our government's third term with enthusiasm, he said. My aim is to make Maharashtra the world's big financial powerhouse and to make Mumbai a .

West Bengal lost 3 million jobs in informal sector in 7 years: NSO data

Maha best performer with 2.4 mn additions, shows NSO data

'Jobless growth': Cong slams govt over 'accentuated unemployment crisis'

The Congress on Sunday alleged that the Modi government had accentuated India's "unemployment crisis" with the decimation of job-creating MSMEs through the "Tughlakian demonetisation, a hastily rushed GST, and rising imports from China". In a statement, Congress general secretary, in charge of communications, Jairam Ramesh cited a new report by Citigroup, a global bank, to flag "alarming numbers", which he claimed confirmed what the Congress stated throughout the recent election campaign. "The Indian National Congress has been sounding the alarm on India's unemployment crisis for the past five years at least. The crisis has been accentuated with the decimation of job-creating MSMEs through the 'Tughlakian demonetisation, a hastily rushed through GST, and rising imports from China," Ramesh said. "With his economic policies that favour only large conglomerates, the non-biological prime minister has created India's highest unemployment rate in 45 years, with the unemployment rate for .

A new paradigm for creating jobs

It would be prudent to take up a few sectors initially, get the policy instruments right, and put in the critical mass of resources to achieve a self-sustaining inflexion point

Despite 20% lesser jobs on offer, starting pay in UK up 6.5% on year in May

The 6.5 per cent rise in advertised starting pay compared with a year earlier outstrips the 6.0 per cent rise in official wage data for the three months to April

'Bright future': Stanford PhD scholar takes job as clerk in rural China

Su Zhen ranked first in the written test, interview, and final score among the six candidates vying for city civil service

'Hospitality industry faces talent crunch, to add 1 mn jobs in few years'

The hospitality industry is expected to add around 1 million jobs in the next few years as the sector is grappling with huge shortage of talent amid rapid expansion after the Covid-19 pandemic, say experts. The current demand-supply gap of talent in the industry stands at around 55-60 per cent, indicating a substantial mismatch between the needs and the available talent pool, Randstad India Director, Professional Talent Solutions, Sanjay Shetty told PTI. Issues related to talent shortage was fuelled by the post-pandemic boom in demand, Shetty said, adding that the the momentum is expected to continue in the next few years with at least a million jobs being created. According to industry leaders, the overall hiring has more than quadrupled post-Covid with entry-level positions emerging as the most sought-after in the past two years. Some companies are upskilling existing talent or recruiting from other industries to fill the void, while others have intensified efforts to attract and

Ikea lost $5,000 each time when a worker quit, so it began paying more

For a service-driven company like Ikea, unhappy workers can quickly lead to unhappy customers

Don't say 'elite': Corporate firms' new pitch is going to be meritocracy

McKinsey, Accenture, and other big firms want to recruit with a wider net, focusing more on skills than on pedigree

Jobless youth and education

In tackling India's unemployment problem, look beyond the finance minister and focus on the education minister as well

NITES seeks probe from Labour Ministry as Infosys delays new hires

IT sector employee union NITES has urged the Ministry of Labour and Employment to probe repeated delays in the onboarding of over 2,000 campus recruits by tech major Infosys. Nascent Information Technology Employees Senate (NITES) alleged that the delays have persisted for more than two years, and caused significant hardship for the affected professionals, leaving them 'in a limbo'. Infosys did not comment on the matter. Harpreet Singh Saluja, President of Nascent Information Technology Employees Senate (NITES), In a statement, alleged that Infosys' actions constitute a "serious breach of trust" with these young professionals. "Many had turned down other job offers in good faith, relying on Infosys's offer letters. Now, they face financial hardship and uncertainty due to the lack of income and a clear onboarding timeline," he said. The union has written to the Ministry of Labour and Employment seeking an investigation into the matter, to ensure that Infosys fulfills its obligation