A comprehensive jobs data is the need of the hour in India to help understand what kind of employment opportunities are getting created and which sectors are hiring, and the government should look at developing an equivalent of the Bureau of Labour Statistics (BLS) in the US, Wadhwani Foundation Global President and CEO Ajay Kela told PTI. "India is a young country and the youth population is massive. Every month we have one million people who turn 18 and they need jobs. We must make sure there are jobs available for all such people who need to support themselves and their families," Kela told PTI in an interview on Tuesday. On his expectations from the interim budget, Kela said, "What's missing in India is that there is no solid data in the job space. The US has the BLS, we don't have an equivalent of that. "Any programmes or schemes you develop... in the absence of not understanding what jobs are getting created, which sectors are hiring, what do the next 4-5 years look like in ..
Coming to the defence of thousands of Indian-Americans languishing in the decades-old green card backlog, an Indian diaspora body has urged the Biden Administration to relax the rules of issuing employment authorisation cards. Around 1.1 million Indian-origin non-immigrant visa holders are waiting for their priority date to become current to apply for an I-485 for a green card, the Foundation for India and Indian Diaspora Studies (FIIDS) said, adding that the country-wise limit of seven per cent restricts their annual approval, causing almost 135 years of delays, and estimated more than 400,000 would not see permanent residency in their lifetime. Issuing Employment Authorisation Cards during the early stages of green card processing would help a large number of Indian Americans, their spouse and grown-up kids from a lot of uncertainties and distress, FIIDS said. Recognising the imperative of maintaining America's competitive advantage, it is crucial to acknowledge the immense ...
Nonfarm payrolls climbed 263,000 last month, with an unemployment rate of 3.7 per cent, according to data from the Labour Department published on Friday
A new poll from Harvard's Center for American Political Studies shows that voters consider the top three issues to be inflation, the economy and jobs, and immigration
More Americans are quitting their jobs than at any other time in at least two decades, which added challenges to companies trying to keep up with the economic recovery, a media report said
Biden called for a sweeping use of government power to reshape the world's largest economy and counter China's rise in a $2 trillion-plus proposal that was met with swift Republican resistance
The number of Americans filing new claims for unemployment benefits dropped to a one-year low last week, providing a powerful boost to an economy on the verge of stronger growth
Unemployment claims in the US last week increased to 770,000, indicating the disruption in the labour market recovery, the Labour Department reported
The report also showed that the four-week moving average, a method to iron out data volatility, decreased by 86,250 to 1.25 million
The Indian information technology industry, which has long been a beneficiary of the H-1B visa regime, is likely to be directly impacted if such a suspension is announced for a longer term.
More than 30 million Americans have filed for unemployment claims in the last six weeks
Other workers such as those on so-called H1-B visas would be covered in a separate action
Employers say they are abandoning preferences for college degrees and specific skill sets to speed-up hiring and broaden the pool of job candidates
The top five states in which Indian companies have generated maximum employment are New Jersey (8,572 jobs), Texas (7,271 jobs), California (6,749 jobs), New York (5,135 jobs) and Georgia (4,554 jobs)