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
Unemployment rate for persons aged 15 years and above has remained unchanged at 3.2 per cent in July 2023 to June 2024, according to the labour force survey annual report released on Monday. The unemployment rate (UR) is defined as the percentage of persons unemployed among the persons in the labour force. The report stated that while the UR for male has shown a marginal decline from 3.3 per cent during July 2022 June 2023 to 3.2 per per cent during July 2023 June 2024, among female it has increased from 2.9 per cent to 3.2 per cent during the same time span. Labour Force Participation Rate (LFPR) in usual status for persons of age 15 years and above was 60.1 per cent during July 2023 - June 2024 higher than 57.9 per cent in the previous year. The same for male and female was 78.8 per cent and 41.7 per cent, respectively. LFPR is defined as the percentage of persons in labour force (i.e. working or seeking or available for work) in the population. LFPR for female of age 15 year
Forty-seven per cent Gen Z professionals plan to leave their jobs within two years, while as many prioritise work-life balance when evaluating potential employers, according to a survey. The report, titled "Gen Z at workplace", is based on a survey of over 5,350 Gen Z and 500 HR professionals, conducted by Unstop -- a talent engagement and hiring platform for students and graduates. The report highlighted a significant concern among Gen Z professionals, with 51 per cent expressing fear of job loss at present. This anxiety extends to their career prospects, as 40 per cent worry about securing positions in their preferred fields upon entering the job market. "Despite these reservations, Gen Z demonstrates a clear set of priorities when it comes to their careers. 77 pc of the respondents prioritise the role or brand over commercials, with 43 pc specifically seeking hands-on experience and growth opportunities. This focus on professional development is further emphasised by the fact tha
Why the best-paid professions in 2024 stand out compared to other more modest roles
Tripura Labour Minister Tinku Roy on Thursday claimed that 20,000 people have been recruited in various government departments in the last three years. During a discussion on the unemployment issue initiated by Congress MLA Sudip Roy Barman, the minister said 20,000 people have been recruited in different categories -- regular scale, contractual and fixed pay -- in the government sector in the last three years. The minister said the process has already begun to fill up 20,000 more posts in various government departments. He claimed that the number of registered unemployed youths has reduced from 7,41,305 on March 31, 2018 to 3,09,882 on March 31, 2024. "It is not true that job aspirants are frustrated... The number of registered unemployed across the state has reduced by almost double from 2018 to 2024 due to all-out efforts to address the issue," he said. Earlier, Roy Barman attacked the BJP-led government, saying, "The number of unemployed engineers stood at 1,800 while there ha
Reflecting on her own experiences, Bijapurkar noted that her generation, which largely lacked formal economics training before the 1991 economic reforms, survived by continually learning
Labour ministry said that the ELI schemes have been designed to encourage businesses to generate more employment as well as to provide meaningful and sustainable jobs for the youth of the country
The government will soon launch a scheme to train 14-18 years old girls in non-traditional job roles, a move aimed at increasing women's participation in the labour force, a top official said on Wednesday. The pilot of the scheme will be launched in the next 2-3 weeks, Secretary in Ministry of Women and Child Development Anil Malik said. The scheme, which is being launched in 27 districts in the pilot phase, will eventually be expanded to cover 218 districts across the country, he said. A non-traditional career is generally defined as a certain role that has less than 25 per cent of a specific gender, either men or women. As part of the 'Introduction of Special Project for Empowering Adolescent Girls & Women', 14-18 years old girls would be provided training near their schools and homes while they continue their education. The secretary shared that the pilot will be launched in 2-3 weeks under which training in non-traditional job roles will be provided along with digital ...
The Japan External Trade Organisation organised University Connect, an interactive event here to bring together Japanese businesses that are keen on hiring Indian talent and the best colleges of Karnataka. University Connect is a global campaign to connect with universities outside of Japan in order to encourage students to pursue employment opportunities in Japanese businesses. "This was the first one held in Bengaluru. Ten Japanese companies and seven Indian institutions attended. There was a more than anticipated exchange of view points and excitement. The Japan External Trade Organisation (JETRO) is determined to keep growing its network of universities in Karnataka actively and will do everything in its power to assist Japanese businesses in hiring skilled Indians," said Toshihiro Mizutani, Director General of JETRO Bengaluru. During the event, held on August 26, seven of Karnataka's best universities presented an overview of their institutions, programmes, placement procedures
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.
PLFS data shows it rose to 9% from 8.5% in urban areas
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
Manufacturing sector witnessed subdued employment growth in the past decade due to issues like bad loans, says Economic Survey 2023-24
The jump in employment cannot be equated to the creation of formal jobs with regular wages
The overall Naukri.com hiring index was dragged down by the decline in jobs in Global Capability Centers (GCCs) with a 7 per cent year-on-year decline, BPO by 9 per cent, and Education by 9 per cent
Bangalore and Chennai showed the highest tech-focused intent-to-hire in FY24
The police cracked down on a fraudulent operation promising lucrative job opportunities abroad. Here's all you need to know
Numbers so far this year are lower than in 2023
The scheme will be operational for two years and Rs 672 crore will be spent from the state's coffers