Job Market Monitor
India
India / Over a million jobs in India will be created in 2013, reversing the Brain Drain
Many new jobs are expected to open up in India in the coming year, offering opportunities to home-sick Indian expats who long for a job back home. Ushering in 2013, estimates show that the country may see more than a million jobs being created over the course of the next 12 months. The country suffered … Continue reading
India / Job creation down by 21% in 2012
Job generation during 2012 saw a 21 per cent decline across various sectors of the economy between January and mid-December, according to an Assocham analysis. “A total of over 5.3 lakh jobs were generated during the aforesaid period across India i.e. over 2.8 lakh jobs in first half of the year and over 2.4 lakh … Continue reading
India / Toward quota for Muslims in govt jobs ?
Apparently taken aback by BSP chief Mayawati successfully pushing the quota in promotion bill, Samajwadi Party chief Mulayam Singh Yadav sought to counter it in the Lok Sabha on Tuesday by making a strong pitch for reservation in government jobs for Muslims. Raising the issue during Zero Hour, Yadav contended that the plight of the … Continue reading
India / Jobs in textile sector to grow 15% by 2017
The number of jobs in India’s textiles and allied sectors is estimated to rise by about 15 percent by the end of the 12th Five Year Plan. At the end of fiscal year 2010-11, there were 105 million people employed in India’s textiles and allied sectors, PTI quoted Textiles Minister Anand Sharma mentioning in a … Continue reading
India / Hiring activity dipped by 4% according to Naukri Job Speak Index
There has been a 4% decline in recruitment activity in November compared to October, with most of the key industry sectors and functional areas experiencing a dip in their hiring activity on the Naukri Job Speak Index. The index is a monthly indicator of jobs on the online portal. The dip in hiring on the … Continue reading
India / About 1,900 jobs lost for tech professionals
When news emerged early this week that Motorola Mobility, a Google subsidiary, has decided to shut down its Chennai unit and to pink slip 76 employees, the resultant feeling was déjà vu. Well, 2012 has been like that for telecom and IT sectors, largely due to the gloomy global outlook and its repercussions were being … Continue reading
India / Education: Muslim, Scheduled Castes and the Scheduled Tribes identities have impact on the probability of over education study finds
In their analysis Anirban Mukherjee and Sourabh Bikas Paul Community identity and skill mismatch: A study on Indian labour market “characterize skill mismatch in Indian labor market” and assess “the role of community identity in explaining the existence of skill mismatch measured by the di fference between a laborer’s education level and the educational requirement of a job (s)he is … Continue reading
India / Microsoft, Google hiring from new IIT campuses, pushing up wages by 15-20%
It’s just their second year on the placement scene but the new Indian Institutes of Technology at Ropar, Patna, Hyderabad, Bhubaneswar and Gandhinagar, among others, are already nipping at the heels of their much-older and more established counterparts. Big-ticket recruiters like Microsoft, Amazon and Google have descended on these campuses and average salaries have shot … Continue reading
India / Stagnant jobs market
Indian jobhunters such as Mohit Goswami and Sujay Kumar Patwari have discovered an alarming peculiarity about India’s briskly expanding economy: it is creating barely any formal employment, and certainly not the 10m or so jobs needed annually to absorb new entrants to the labour force as the population grows. Mr Goswami, 24, an economics graduate, … Continue reading
India IT / Skill gap / Only 2.68% engineers meet the skill requirements
Only 2.68% engineers of the five lakh India produces annually meet the skill requirements of the IT products sector, according to a survey by employability assessment firm Aspiring Minds. The national employability survey on engineering graduates by the firm states that nearly 92% of engineering graduates lack computer programming and algorithms skill required for IT … Continue reading
India / Youth Unemployment
India, one of the youngest countries in the world, where youth accounted for 20% of the total population in 2011, according to the Registrar General of India. More importantly, the dependency ratio – the number of children and elderly people per working-age person — declined 21% over the last three decades. In China, the ratio … Continue reading
India / Red zones / Bank job training for youths
The National Skill Development Corporation (NSDC) plans to train youth from Naxal-hit areas in basic accounting skills. The initiative is aimed at helping the youth find jobs with local banks, where operations often take a hit as few regular employees are willing to be posted in Red zones due to safety concerns. The NSDC, sources … Continue reading
India / IT-BPO sector to add 230,000 jobs in 2012
According to NASSCOM, the Indian IT-BPO sector continues to be an employment generator and is expected to add 230,000 jobs in FY 2012. This implies direct employment to nearly 2.8 million, and indirectly leading to employment of about 8.9 million people. Similarly, 2013 will witness hiring at all levels, right from freshers to highly experienced … Continue reading
India / Energy Revolution could generate 1.5 million jobs by 2030 writes Greenpeace
The second edition of India Energy [R]evolution in 2012 provides a practical pathway for India to secure its energy particularly electricity supply to achieve its long-term ambitious economic growth along with providing access to modern electricity technology to a 300 million population who are still waiting to see light in their homes while remaining low … Continue reading
India / Joyalukkas to create 10 000 more jobs in 3 years
Joyalukkas Group intends to jack up its workforce from the current level of 5,000 to 15,000 in the next three years, according to Joy Alukkas, chairman of the group. “By then we would open jewelry shops in 100 cities across the world. The chain currently has 85 outlets in different parts of India and abroad, … Continue reading
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