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Mansukh Mandaviya says there's no need for concerns about job losses
Updated : Jul 29, 2024

‘No need for concerns about job losses’: Mandaviya says unemployment rate will fall below 3%

Speaking at the Question Hour in the Lok Sabha, Mandaviya said that the current unemployment rate came down from 6 per cent in 2017-18 to 3.2 per cent.

Thousands of people outside the recruitment office of Air India Airport Services Ltd in Mumbai on Tuesday. (Photo: Screengrab)
Updated : Jul 17, 2024

Mumbai airport job chaos: Over 15000 MCom, BBA, BA, other degree holders show up for a Rs 22,500 job opening

Of the 1,800 available positions, almost 15,000 individuals applied for the vacancies of a handyman and utility agent, someone who does different repair and maintenance duties

A staggering 77% of tech employees value hybrid work arrangements, urging companies to optimise packages for hybrid work
Updated : Jul 12, 2024

80% Indian employees seek better compensation and benefits, finds study

2024 Compensation and Benefits Survey reveals 61% respondents emphasise on the importance of customisable health benefits programmes. A staggering 77% of tech employees value hybrid work arrangements, urging companies to optimise packages for hybrid work

Mallikarjun Kharge attacks Modi govt over Citigroup report
Updated : Jul 09, 2024

'Modi govt has only one mission...': Kharge after Labour Ministry refutes Citigroup's report

In a scathing attack on the Centre over the issue of unemployment, Kharge that the ruling dispensation may refute independent economic reports but it can't deny government data. 

Hiring activity jumps 12 per cent in June, says foundit report
Updated : Jul 09, 2024

Hiring activity jumped 12% on-year in June; Bengaluru, Coimbatore, Jaipur top the list: foundit

Hiring activity in June: On top of the list is the manufacturing industry with a jump of 43 per cent on-year, driven by investments in automobile, consumer electronics, and textiles and apparel sectors.

There are multiple career avenues available for India’s youth–here are some options they could choose from
Updated : Jul 05, 2024

What are the top 9 career options in the social development sector for India's youth? Check details here

India’s young demographic can lead the societal change we wish to see and there are multiple career avenues available for India’s youth

This post for the recruitment of a graphic designer has gone viral but for all the wrong reasons
Updated : Jun 28, 2024

'Biggest red flag I've seen in a while': US-based founder trolled for recruitment post on X

The post did not go down well with netizens. Here's what they had to say

Yes Bank lays off employees in a restructuring exercise
Updated : Jun 26, 2024

Yes Bank lays off 500 employees in restructuring exercise; more job cuts likely: Report

Yes Bank layoffs: The laid-off employees have been given a severance pay of three months’ salary.

Updated : Jun 19, 2024

Soon PLFS data may be released every month

MOSPI looking at ways to increase frequency of statistics on employment and unemployment

Women labour participation improves but lot of challenges still remain, says WEF
Updated : Jun 13, 2024

India on Global Gender Gap Index: Women continue to earn less than men, only Rs 40 for every Rs 100 earned respectively

A stark statistic emerged indicating that Indian women earn only Rs 40 for every Rs 100 earned by men, reflecting a significant gender pay gap.

Women labour participation improves but lot of challenges still remain, says WEF
Updated : Jun 12, 2024

It would take 134 years - 5 generations - to achieve full gender parity at current pace: WEF

According to the Global Gender Gap Report 2024 by the World Economic Forum, at the current pace it would take 134 years – equivalent to five generations – to achieve full gender parity.

Ola Electric is planning to reduce headcount by around 500, said a report
Updated : Jun 03, 2024

Ola Electric plans to cut headcount; lay off around 500 in its road to profitability: Report

Ola Electric layoffs: A section of the impacted employees may be replaced with new hirings at a relatively cheaper cost, but the overall headcount is expected to shrink. 

Raghuram Rajan speaks to Fareed Zakaria on India's unemployment data on CNN's GPS show
Updated : May 20, 2024

‘Will Indians become rich before India grows old?’: Raghuram Rajan on the job scenario

“Even if India is the fastest growing economy in the G20, it is also the poorest country,” said Raghuram Rajan, coauthor of ‘Breaking the Mold: India’s Untraveled Path to Prosperity’.

SKOCH Report: 514 million jobs created between 2014 and 2024
Updated : May 13, 2024

SKOCH Report: 514 million jobs created between 2014 and 2024

Researches studied credit-led interventions and government led-interventions in the period to assess job creation

Startups looking to hire more freshers; half of their postings targeted at newcomers: foundit
Updated : May 09, 2024

Startups looking to hire more freshers; half of their postings targeted at newcomers: foundit

Startups in the IT (Information Technology) services sector noted a steady increase in jobs, from 20 percent to 23 percent between April 2023 and April 2024. However, startups in the Internet, BFSI/Fintech, and Media & Entertainment industries witnessed a slight fall in hiring from April 2023 to April 2024.

In the ever-evolving landscape of job applications, a wave of innovation has swept away the era of boring resumes and bland cover letters. 
Updated : May 04, 2024

‘I’ll pay you $500 to hire me...’: Job applicant sends unique offer to Bengaluru startup founder

Sharing the screenshot on X (formally Twitter) Paras Chopra, founder and chairman of software company Wingify, said he was impressed with the pitch, adding he would obviously not take the money. "This is how you get attention!" he wrote.

HCLTech to hire 10,000 freshers this year, bets on GenAI, semiconductor, automotive areas
Updated : Apr 29, 2024

HCLTech plans to hire 10,000 freshers this year, says CEO C Vijayakumar

HCLTech CEO and MD C Vijayakumar said that the lateral hiring would depend on how the year pans out for the company. HCLTech had added over 2,700 employees in the March quarter. 

In FY24, the highest number of job vacancies listed on the NCS portal was in the finance and insurance sector with 46,68,845 vacancies, a 134 percent jump over the previous year. Representational photo
Updated : Apr 27, 2024

More jobs, less takers: Only 87 lakh applied against 1.09 crore openings in FY24

Vacancies posted on the National Career Service (NCS) portal recorded a 214 percent jump at 1,092,4161 in FY24 compared to 34,81,944 vacancies in FY23. However, the growth of job seekers was a mere 53 percent at 87,20,900 in FY24 compared to 57,20,748 in FY23.

IIT students facing hurdles in placements, salary this season/Representative image of IIT Bombay
Updated : Apr 22, 2024

Placement woes for IIT students; annual salary below Rs 10 lakh offered this season: Report

IIT placements: Students who have bagged campus jobs at what they believe to be lower pay scale, are looking out for better opportunities at job portals, as well as travelling to other cities to attend job fairs and interviews.

White-collar gig jobs saw a staggering 184 per cent growth compared to the previous year. The surge underscored growing preference for flexible, project-based work arrangements among professionals.
Updated : Apr 02, 2024

India records 3% monthly rise in hiring; white-collar gig jobs up 184%

The share of IT sector in the gig economy nearly doubled, jumping from 22 per cent in March 2023 to a dominant 46 per cent in March 2024. This boom indicated a strong demand for skilled freelance coders, IT consultants, and other tech professionals.

TCS begins hiring for freshers in three categories
Updated : Mar 29, 2024

TCS begins fresher hiring for Ninja, Digital and Prime categories: Report

TCS hiring: The last date for application is April 10 and the tests will be held on April 26.

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