Diabytes
Employment News
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The unemployment rate slumped from 6.0 per cent in 2017–18 to 3.2 per cent in 2023–24. About 1.56 crore women have joined formal workforce in the past seven years.
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This shift is even more significant in rural India, where female employment has grown by 96 per cent while urban areas have seen an increase of 43 per cent in employment during the same period.
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Employers report a Net Employment Outlook (NEO) of 42 per cent for the July-September period, according to the latest ManpowerGroup Employment Outlook Survey.
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The report reveals an upward trend in hiring intent, with organizations across technology, manufacturing, healthcare, and e-commerce gearing up to onboard fresh talent.
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The current portfolio of the affordable housing loan market in India is estimated to be Rs 13 lakh crore, with Housing Finance Companies (HFCs) constituting Rs 6.9 lakh crore and Scheduled Commercial Banks (SCBs) holding a share of Rs 6.2 lakh crore.
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Mahatma Gandhi National Rural Employment Guarantee Scheme: In FY 2024-25, a total of 32.28 lakh job cards were deleted following verification, with the Ministry underscoring that job card verification is part of routine monitoring.
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In the education, employment, and skilling sector, earlier in 2013-14, Rs 85,000 crore was allocated; now it is Rs 1.48 lakh crore, which is 23 percent more allocation than last year, Rs 28,000 crore more than last year.
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The COVID-19 pandemic has caused a profound shift in employment, with remote employment developing as a significant trend. Weighing the benefits and drawbacks will help you understand how remote work will develop in the future as companies and individuals adjust to this new normal.
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This is the first study to show that changing from precarious employment to secure employment can reduce the risk of death.
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The project will bring investment of Rs 10,000 crore and employment to around one lakh youth.
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Job vacancies in blue and grey-collar segments have jumped four times in the last one year.
It is driven by digitisation, automation and changing work models, according to a report.
The report is based on job postings on the Billion Careers platform.
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A candidate frequently begins the negotiation with high aspirations, hoping to receive excellent news.
Several people who struggle at the bargaining table seek assistance from seniors, specialists, and even the internet.
So far, the post has received over a million likes and over 2,000 comments.
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The jobless rate increased to 7.8 percent of the overall workforce in June, up from 7.12 percent in May.
According to CMIE data, employment declined by 13 million in June to 390 million.
This contraction reduced labour force participation to 38.8 percent, down from 40 percent in the previous two months.
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Existing and upcoming GCCs are expected to hire about 180,000-200,000 employees.
Multinational banking corporations are likely to go on a hiring spree in the coming days.
Infosys is looking to hire more than 50,000 employees in the ongoing financial year.
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Most employers (77 per cent) now plan on having their people working from the office.
First-time job seekers gained widespread acceptance from employers.
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The unemployment rate in urban areas was higher at 9.22 per cent compared to 8.28 per cent in March.
In the rural area, the unemployment rate was at 7.18 per cent in April compared to 7.29 per cent in the previous month.
The employment rate rose from 36.46 per cent to 37.05 per cent in April.
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KVIC makes a new record in creating jobs.
The new units were established with a total capital of about Rs 12,000 crore.
The number of companies established during the year surpassed 1 lakh.
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The NSO report showed that gross enrolments of new subscribers with ESIC were 1.15 crore in 2020-21, compared to 1.51 crore in 2019-20 and 1.49 crore in 2018-19.
From September 2017 to March 2018, around 83.35 lakh new subscribers joined the ESIC scheme.
The report said gross new enrolments with ESIC from September 2017 to January 2022 were 6.21 crore.
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Getting a job in a top company was always a hard task for freshers.
And the negative impact of the pandemic and the lockdowns has worsened the situation for job seekers.
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