Page 2 - Job Market

Economic Survey: Significant acceleration in formalisation of the job mkt

An analysis of the latest EPFO data suggests a significant acceleration in formalisation of the job market, driven by both new formal jobs and formalisation of existing jobs

Budget wish list: Citizens seek jobs, support for small biz and lower tax

The government had invited public comments for the upcoming Budget on December 26, with the last date of submission being January 7

US hiring may have rebounded last month before omicron surge

One reason for optimism about the jobs data the government will issue Friday morning is that it wasn't likely affected much by the omicron wave

Companies bullish on their hiring plans this quarter, says report

Due to businesses re-pivoting and refocusing their strategies to better meet customer and market wants, the workforce requirement is slated to increase: Report

ESIC scheme adds 1.3 mn new members in August 2021: NSO data

The data gives a perspective on formal sector employment in the country

Hiring activities increasing in current quarter, says report

The report was released by global recruitment specialists Michael Page and is based on its proprietary data for India.

Job posting activity in saw stable monthly growth of 1%: Report

Compared with August, September saw a stable monthly growth of one per cent in job posting activity this year, according to the Monster Employment Index by Monster.com, a Quess company.

Indian businesses have bullish hiring plans as they look to rebuild: Survey

The pandemic also impacted the benefits offered by corporates to its employees.

Indian job market up 57% annually in Sept ahead of festive season: Naukri

The Indian job market maintained its record-breaking run for the third consecutive month in a row, clocking 57 per cent year-on-year growth in September

Hiring activity almost flat, sees 3% growth sequentially in Sept: Report

With the onset of the festive season and easing of lockdown restrictions, the hiring activity has stabilised sequentially in September with a marginal growth of three per cent, according to a report

Ugam to hire over 1,000 fresh graduates in India in coming months

This expansion will support Ugam's accelerated business growth due to digital transformation.

Job markets have recovered half of Covid pandemic damage, says OECD

Says pandemic pushed 22 million out of a job in advanced economies

Brazil's unemployment rate hits record 14.7% from February-April

14.8 million people were jobless in this period

Men took bigger jobs hit in pandemic across euro zone: ECB study

Men accounted for more than 60% of the jobs losses last year

Strengthened talent pool by recruiting 19,230 graduates in India: Infosys

At 40th AGM of Infosys, its chairman Nandan Nilekani said in FY21 the company had industry-leading, healthy revenue growth at 5% in constant currency, totalling $13.6 bn

Hiring trends see green shoots in May despite second wave: Monster Index

45% of industries indicated positive MoM growth in job postings, with retail, home appliances, and telecom industries showing the highest growth

United States unemployment claims fall to 376,000, sixth straight drop

This comes as the US economy reopens rapidly

Muthoot Microfin added 37% more employees in pandemic period

As many as 2,300 new people joined the organisation.

Bengaluru, Delhi offer best prospects for job-seekers in Q1FY22: Teamlease

Mumbai remains at sixth spot; of the 21 sectors reviewed more than 8 will see a 9-11 percentage point rise in intent to hire this quarter

Job postings in various sectors rise in February, says report

Monster Employment Index showed that job postings witnessed a 6% sequential growth in February