Job Market Monitor
India
India / 47% of graduates unemployable for any job says Aspiring Minds
At least 47% of graduates in India are not employable for any industry role, according the latest report by employability solutions firm Aspiring Minds Continue reading
India / A hard time to find jobs
A survey by US-based Gallup revealed respondents were more pessimist about finding jobs in India in 2012 Continue reading
US / India’s unfair trade practices are putting jobs at risk says the National Association of Manufacturers
More than a dozen U.S. business groups are banding together to resolve what they argue is a sharp rise in discriminatory trade practices by India. The National Association of Manufacturers (NAM) and the Chamber of Commerce’s Global Intellectual Property Center (GIPC) on Tuesday helped launch a new alliance that is urging the Obama administration to work toward … Continue reading
India / A million graduating engineers struggling
Somewhere between a fifth to a third of the million students graduating out of India’s engineering colleges run the risk of being unemployed. Others will take jobs well below their technical qualifications in a market where there are few jobs for India’s overflowing technical talent pool. Beset by a flood of institutes (offering a varying … Continue reading
India / Poorer states creating most jobs
Most of the poorer, less industrialized states like Jharkhand, Chhattisgarh and Bihar appear to have done well in increasing their work force in the past decade according to recently released Census 2011 data. Surprisingly, richer or more urbanized states like Punjab, Haryana and Kerala have lagged far behind in job creation. But if you take … Continue reading
India / Will the world’s most populous country by 2028 reap a ‘demographic dividend’ ?
Given the one-child policy’s lock on China’s fertility, nobody expected it to remain the world’s most populous country forever. India had been projected to grab this title by 2045 or even 2035. But a new UN report notes that we are hurtling towards this ‘takeover’ faster than anticipated and will become the world’s most populous … Continue reading
India / Must focus on jobs for growth says Just Jobs
India must make employment a key driver of its growth strategy as higher economic growth by itself does not create more jobs, according to a leading US research organisation advocating sustainable development. “Indian policymakers cannot assume that higher economic growth will automatically lead to more jobs,” Sabina Dewan, founder and director of Just Jobs at … Continue reading
India / Post-millennial generation closing Digital Divide
India’s ‘post-millennial’ generation seems set to overtake the preceding ‘millennial’ generation or ‘Gen Y’, taking communication over social networks like Facebook and Twitter and instant messaging modes like Whatsapp to newer extremes, according to the findings of the TCS survey 2012-13, which was released today. The findings of India’s largest survey of nearly 17,500 high … Continue reading
India / A fact sheet on the economy
J:Jobs. Approximately, 460.22 million Indians are employed. That is only less than 40 per cent of the population. Between 2004 and 2010, India created just 26 lakh jobs. Chosen excerpts by Job Market Monitor via A to Z of the Indian economy – The New Indian Express.
India / SMEs employ close to 40% of workforce, but contribute only 17% to GDP
Small and medium enterprises (SMEs) have been the backbone of the Indian economy. That is both a good and a bad thing. The good part first. Employing close to 40% of India’s workforce and contributing 45% to India’s manufacturing output, SMEs play a critical role in generating millions of jobs, especially at the low-skill level. … Continue reading
India / One in four to switch jobs
As the growth trends firm up in job market, India is set to witness highest attrition rate globally with possibility of one in four employees switching jobs in the country, a survey said on Friday. The survey conducted by global human resource and management consultancy major Hay Group also said that the concerns among the … Continue reading
India / An Employability Centre
An employability centre to help job-seekers enhance their skills will be launched here on June 22 by the District Employment Exchange. This is in line with the exchange’s plans to expand its reach beyond government service and help job-seekers find placements in the private sector. A job fair is being arranged, along with the inauguration … Continue reading
India / U.S. firms have generated 350,000 jobs between 2007 and 2011
Painting a buoyant picture of the Indo-U.S. trade ties, Jennifer McIntyre, Consul-General of the U.S. Consulate General in Chennai, has said the bilateral trade in goods and services between the two countries has increased by four-and-a-half times in the last decade. Addressing members of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) here … Continue reading
India / A summit on employability of engineers
Expressing concern over the lack of employability of engineering graduates in the state, the Odisha Private Engineering College Association (OPECA) has decided to hold an educational conclave on May 17 to guide colleges to maximize students’ employability. “By our own evaluation, only about 35% engineering graduates are getting jobs in their areas of specialization. Another … Continue reading
India / 69% of the workforce looking to upgrade skills
A large chunk of the workforce in the emerging markets of Asia-Pacific is looking at skill enhancement and career development when compared to their global peers, says a recent study conducted by a global recruitment firm. As many as 69% of Indian employees are either actively seeking or considering further education or training, significantly higher … Continue reading
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