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White-collar hiring activity reported a modest 2 per cent growth in November compared to the same month last year, mainly driven by sectors including oil and gas, artificial intelligence-machine learning (AI/ML), FMCG among others, a report said on Tuesday. Naukri JobSpeak Index, an indicator of white-collar hiring activity, reported modest trends in November, coming in at 2,430 points, reporting a 2 per cent year-on-year growth. This positive trend is driven by strong growths in key non-IT sectors like Oil and Gas (16 per cent), Pharma/Biotech (7 per cent), FMCG (7 per cent), and Real Estate (10 per cent), alongside sustained momentum in emerging domains like AI-ML (30 per cent) and global capability centres (11 per cent), the report said. The IT sector continues to hold steady, registering a flattish trend compared with last year. In November, standout performers included Oil and Gas (14 per cent), Artificial Intelligence-Machine Learning (20 per cent), FMCG (6 per cent) and GCCs
2024-25 Salary Trends: Data Scientists, Cloud Engineers, and more set for higher pay
Bangalore, Hyderabad, Delhi NCR, Chennai, and Mumbai remain prime locations for companies hiring
Billed as a "learning opportunity", Zomato CEO's recent job posting on X has sparked criticism, raising concerns about inclusivity and modern recruitment practices
Video most popular format for professionals to gain knowledge, it says
Among various industries, the Fintech sector is ranked as the happiest, with the Real Estate sector emerging as the least satisfied
Why the best-paid professions in 2024 stand out compared to other more modest roles
Leading financial services company Wells Fargo on Thursday said it has broadened its talent attraction strategy by launching the Transgender Persons Hiring Program in India, a move that will increase diverse representation across levels. Building on the programme's initial pilot with its 2022 cohort of 13 individuals hired in its technology function, the company aims to train and attract additional talent across multiple lines of business in 2024. The programme aims to provide employability skills training and professional development for transgender talent, Wells Fargo said in a statement. "Investing in diverse communities to upskill and unlock potential and, at the same time, set up the right environment for success is a critical area of focus for Wells Fargo," said Uday Odedra, executive vice president and Region head of Wells Fargo India & Philippines. In partnership with community organisation PeriFerry, the company currently sponsors 30 transgender individuals focused on ...
Stating that over one lakh recruitments have taken place during his tenure, Assam Chief Minister Himanta Biswa Sarma on Monday claimed no government since Independence provided jobs to so many youths in its ruling period. Addressing a function to distribute permanent appointment letters to 23,956 contractual teachers and state pool teachers, Sarma said the government will give jobs to another 50,000 youths by next year. "Prior to today's appointments, we have given jobs to 1,00,389 youths, which fulfilled our promise of providing one lakh jobs. If we consider today's appointments, there will be 1,24,345 jobs till now since May 2021," he said. The BJP had promised to provide one lakh government jobs every year in Assam, during the campaigning of the 2021 assembly polls, but later modified that the figure was for the entire five-year tenure. "In 78 years of Independence, no government could give one lakh appointments at one time. Our government has crossed that golden phase and we ho
Move to boost local content in mother tongue and create new employment opportunities, says government. New areas covered include many aspirational districts, left-wing affected and border areas
Telangana Chief Minister Revanth Reddy on Monday said his government has filled 30,000 job vacancies within 90 days of coming to power and is in the process of recruiting another 35,000 people. The government is setting up 'Young India Skills University' to impart skill training to the youth to enhance their employment opportunities, he said. Mahindra Group Chairman Anand Mahindra has consented to be the chairperson of the skills university and its board comprises top executives from reputed corporates. Noting that the performance of the country in the recent Olympics was below people's expectations, he said the government is setting up 'Young India Sports University' with the aim to produce sportspersons from Telangana to bag medals in the 2028 Olympics. He was speaking at an event to distribute Rs one lakh cheques to civil services aspirants, under the 'Rajiv Gandhi civil services Abhaya Hastam' programme. The previous BRS government claimed to have established social welfare ..
Tata Group will give jobs to 4,000 women from Uttarakhand at its plants in Tamil Nadu and Karnataka. Its Chief Human Resource Officer Ranjan Bandopadhyay has written a letter to this effect to the state planning department, an official release said here on Monday. The recruitment process will begin soon, it said. Tata Electronics Pvt Ltd will appoint 4,000 women candidates from Uttarakhand at its plants in Hosur in Tamil Nadu and Kolar in Karnataka under the NPS and NATS programmes, the release said. Those who have cleared class 10 or 12 examinations are eligible for NPS programmes, while for NATS an ITI diploma is necessary in addition to these, it said. After selection, they will be appointed as shop floor technicians. Apart from a fixed salary, they will also get accommodation, food, transportation and other facilities, it said.
The CISF has issued a notification to announce a recruitment drive for 1,130 Constable Fireman positions. Candidates can apply for the post from August 30 to September 30, 2024
Given the low wages in India, many skilled blue-collar workers are looking abroad for better opportunities
The number of active job openings in July reflected a 4 per cent decline from July 2023 and a 10 per cent drop from July 2021, particularly in roles requiring one or more years of experience
Job stagnation is manifesting itself in the growing demands from influential castes to compete for jobs reserved for historically marginalised groups
The overall job market showed a positive momentum as hiring activity in July rose by 11 per cent compared to the same month of last year, a report said on Wednesday. According to the Foundit Insights Tracker (fit), hiring activity was down 1 per cent on a month-on-month (MoM) basis. Coimbatore has emerged as the leader in job growth among India's Tier-II cities, with a 24 per cent increase in hiring, followed by Jaipur with a 23 per cent rise. Other cities showing strong growth include Delhi-NCR (18 per cent), Chennai (14 per cent), and Pune (12 per cent), the report added. "The strong focus of the recent Union Budget on productivity and job creation is an encouraging sign for the recruitment industry. "We have also noticed that the salaries of employees have consistently risen driven by higher demand for fresh talent and competitive salary offerings. This growth is likely fueled by high-growth sectors such as technology, digital marketing, and e-commerce," Foundit (previously Mon
Economic Survey 2023-24: The gig workforce is expected to expand to 23.5 million by 2029-30, forming 6.7% of the non-agricultural workforce, and 4.1% of India's total workforce
A top official of the FPSB India (Financial Planning Standards Board) here on Wednesday said India is facing the issue of unemployability in the financial services sector because there were no takers of nearly 18 lakhs jobs last year. GIFT City in Gandhinagar, which employs nearly 6,000 people in the financial services sector, will generate nearly 1.5 lakh jobs in this sector in the next five years, FPSB India CEO Krishan Mishra told PTI here on Wednesday. "Last year, as per the data provided by the National Career Services portal of the central government, India created 46.86 lakh jobs in financial services. Of those, only 27.5 lakh jobs were filled. It shows that there were no takers for 18 lakh jobs. This is because of unemployability. Jobs are there, but people are not capable enough to take them up," said Mishra. "Banks, insurance companies, brokerage houses and mutual fund companies are always in need of trained people. If you conduct an online job search, you will find that .
Rural consumption slowdown and slowing bank deposits are among other issues she should consider