Temporary Jobs

The festive season - which begins on August 19 with Raksha Bandhan through to Christmas and the New Year - is likely to see a boost in consumer spending, leading to a surge in temporary hires

The second half of the ongoing calendar year is expected to see an addition of about 50,000 temporary jobs in the banking, financial services and insurance (BFSI) sectors ahead of the festive season, according to a report by staffing company TeamLease Services. The BFSI sector is already witnessing a remarkable surge in credit card sales, personal finance, retail insurance, driven by increased consumer spending and confidence in the economy, according to the report. "This increased activity is anticipated to generate about 50,000 temporary jobs in the second half of 2023, as BFSI firms are set to increase their workforce to meet the surge in finance products," it added. The TeamLease analysis is based on current market demand, industry job openings and the larger market or industry sentiment. From the BFSI sector's perspective, the demand for temporary workers during the festive season has shown a consistent rise not only in tier-I cities like Ahmedabad, Pune, Bengaluru and Kolkata

BFSI sector prepares for increased hiring amidst rising consumer spending; 15% jump in open anticipated positions compared to last year

As a result, the ratio of temporary, contract and casual jobs as a proportion of the total workforce is at its lowest in at least five years

Delhi Chief Minister Arvind Kejriwal on Saturday appreciated the AAP-led Punjab government for regularising 8,736 school teachers, and urged all state governments to do the same. He said the Delhi government had also brought in a Bill in the Assembly to regularise guest teachers in the national capital but the Centre did not approve it. Kejriwal said all contractual government employees would be regularised in the states where the AAP comes to power. All the states and the Centre should also do this, he added. "At a time when permanent government jobs are being reduced and more temporary employees are being hired, Punjab Chief Minister Bhagwant Mann regularised the services of 8,736 teachers. This will prove to be an example for others too," Kejriwal said. He stressed that the education revolution in Delhi was brought about by the efforts of guest and regular teachers, and said the notion that permanent employees were shirkers was wrong. "Our regular hospital staff did wonders in

In 2022 an all-time high number of temporary jobs ranging from 5,00,000-5,50,000 is expected to be created during the festive season

Temporary employment opportunities are up 25% over last year as firms staff-up to meet festive season demand