Amazon announced job cuts of around 18,000 employees last month, and those who lost their jobs were from various divisions of the company, including AWS, healthcare and delivery business, among others
Labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years, including world's largest vaccination drive in India, said the Economic Survey 2022-23. The document tabled in the Parliament on Tuesday said, "Labour markets have recovered beyond pre-Covid levels, in both urban and rural areas, as observed in supply-side and demand-side employment data." Quarterly urban employment data shows progress beyond pre-pandemic levels as the unemployment rate declined from 8.3 per cent in July-September 2019 to 7.2 per cent in July-September 2022. Reflecting rising formalisation of employment, net addition to EPFO payroll is steadily moving upward after swiftly rebounding from Covid-19, with the majority share coming from the youth. The net addition in EPF (employees' provident fund) subscriptions during FY22 was 58.7 per cent higher than in FY21 and 55.7 per cent higher than that in the pre-pandemic year 2019. Net average monthly subscribers added un
Amid reports on layoffs by multinational technology companies, a report has revealed that there has been an increase in demand for talents in non-tech sectors in India, including healthcare, food services, construction and education in December 2022. Global job site Indeed's monthly jobs insights showed that healthcare allied fields such as dental and nursing have the highest job postings on its platform at 30.8 per cent in December 2022. This was followed by food services (8.8 per cent), construction (8.3 per cent), architecture (7.2 per cent), education (7.1 per cent), therapy 6.3 per cent, and marketing (6.1), among others, the report added. The report noted that the relative resurgence of business normalcy in a post pandemic world has brought buoyancy back in sectors like construction and civil engineering. Even sectors like marketing, which was one of the earliest to see layoffs during the pandemic, has picked up steam, it said, adding that last year, brands have realised the
It is part of the 'Rozgar Mela' drive which was announced by him last year to give jobs to 10 lakh people
According to the report by the professional service platform apna.co, there has been a 34 per cent increase in women opting for labour-intensive jobs
This marked the largest increase since the current system was introduced, local media has reported
Devices are used for videography, mapping and one day could be delivering groceries: Here is how train in operating them
"In 2022, the recovery of everyday life, the increase of activities and exports, and the rise in the demand for care services led to the overall increase in the number of people with jobs
In October this year, recruiters made it clear to candidates worried about their Meta offers that these are safe, according to Orosz
America's employers added a solid 223,000 jobs in December, evidence that the economy remains healthy yet also a sign that the Federal Reserve may have to raise interest rates more aggressively to slow growth and cool inflation. The December job growth, though a decent gain, amounted to the lowest monthly increase in two years. The unemployment rate remained fell to 3.5%, matching a 53-year low, the Labor Department said Friday. Last month's job growth capped a second straight year of robust hiring during which the nation regained all 22 million jobs it lost to the COVID-19 pandemic. Yet the rapid hiring and the hefty pay raises that accompanied it likely contributed to a spike in prices that catapulted inflation to its highest level in 40 years. The picture for 2023 is much cloudier. Many economists foresee a recession in the second half of the year, a consequence of the Fed's succession of sharp rate hikes. The central bank's officials have projected that those increases will
Tech titan Microsoft and National Institute of Electronics and Information Technology (NIELIT) on Wednesday announced a collaboration to increase access to skills for jobs through Cyber Shikshaa and Ready4Cybersecurity programmes. Nearly 3,500 learners will undergo training and receive internship or employment opportunities for in-demand cybersecurity jobs. NIELIT and Microsoft will deploy Cyber Shikshaa and Ready4Cybersecurity programmes in 30 training centres of NIELIT in Tier 2 and Tier 3 towns, with a special focus on Jammu and Kashmir, Ladakh and states in the North-East region of India. NIELIT and Microsoft have collaborated to train youth in cybersecurity skills for jobs, a release said, adding these programmes would be scaled in subsequent years to integrate cybersecurity training programmes in all the training centres of NIELIT. The global cybersecurity skills gap and the lack of diversity in the workforce are among the urgent issues facing the digital economy. Studies sh
Do we need to curb technology that replaces jobs? The jury is out
Nearly four in 10 previously laid off tech workers found jobs less than a month after they began searching, the survey found
Like the labour market stress is concentrated in urban India, consumer sentiments have also soured essentially in urban India
A mixed bag of opportunities is likely to greet job aspirants in the New Year as telecom and services-oriented sectors are anticipated to accelerate hiring after recent gloomy months of pink slips in the technology segment amid global economic turmoil. Short-term opportunities will be on the rise and companies will focus on building a work-life integrated culture, nurturing niche talent, enhancing skills and providing flexible work arrangements, experts opined. Experts also said one of the major recruitment trends of 2023 is expected to be companies looking to boost internal mobility of talent. After 2022, especially the second half, resonated with reports of mass layoffs and hiring freeze amid the pandemic-related business disruptions, experts said it is not going to be all gloom and doom in 2023. According to staffing firms and job portals, it will be a mixed bag for the Indian job market next year. Amid subdued tech hiring, some of the non-tech hiring, especially in telecom and
Over 10 lakh e-Shram registrants have registered on the National Career Service (NCS) portal and are getting jobs accordingly, an official statement said on Friday. The portal of the Ministry of Labour and Employment was launched by Prime Minister Narendra Modi on July 20, 2015. "So far, more than 10 lakh e-Shram registrants have registered on NCS portal and eShram workers are getting decent jobs through NCS," according to a presentation at the Meeting of the Parliamentary Consultative Committee of the Members of Parliament for the Ministry of Labour and Employment. The portal is also integrated with 27 states and many private portals like Monster India, Naukri.com, Freshersworld, Merajob etc, the ministry said. The government has also approved 370 Model Career Centres for providing various career related services at the district level, it added. The government launched the e-SHRAM portal in August 2021 with the objective to create a national database of unorganised sector ...
New EPFO subscribers dipped by a sharp 26% in October, from the level a month ago
Video sharing platform supported more than 750,000 full-time equivalent jobs in the country
The roadmap also focuses on doubling female participation in the labour force to 45-50%, cut carbon emissions by 80-100%, and provide access to clean water for all
The demand for the white-collar gig workforce in the previous quarter has gone up seven times as compared to the same period last year