India plans to move to living wage system by 2025 with the help of ILO. Under this system, employees will get higher salaries, which will not only benefit the corporates, but also help people remain satisfied. But living wages could harm the economy and hurt small businesses that cannot afford to increase the salaries
Job creation in South Asian economies is not keeping pace with the rise in the working age population, putting the region on a path that risks "squandering its
LinkedIn data suggests that more than half of the jobs in India will be affected by artificial intelligence (AI), with Indian professionals using AI skills more than anywhere else globally, according to Tomer Cohen, Chief Product Officer at LinkedIn. The data indicates that AI-related job mentions on LinkedIn have surged 21 times, and India is among the top five countries with the most AI talent
The number of open positions in the IT services sector stood at 50,000 at the end of January, down 21% from a year ago and over 60% from two years ago, according to data from LinkedIn and other top job boards put together by specialist staffing firm Xpheno.
Central Bank of India Safai Karamchari 2024 Last Date: The online application process for Safai Karmachari cum Sub-Staff posts under Central Bank of India recruitment drive will close today i.e. January 09, 2024. Check steps to apply at centralbankofindia.co.in, Application Dates, Eligibility
In 2024, the government aims to enhance the ease of doing business and extend social security to unorganized labor, including gig and platform workers. The Union Labour and Employment Minister Bhupender Yadav stated plans to launch the upgraded National Career Service (NCS) portal, NCS 2.0. This version will use advanced technologies like Artificial Intelligence and Machine Learning for improved job matching, search features for job seekers, and skill recommendations. The government also seeks to encourage states to implement labor reforms as part of these initiatives.
Attrition rates at India Inc decreased to 17% in 2023 from 19.7% in 2022, influenced by a subdued job market, macroeconomic challenges, sector-wide layoffs, and an uncertain future. The IT/ITeS sector experienced the most significant decline, dropping from 21.3% in 2022 to 15.5% in 2023, as per the Deloitte attrition survey exclusively shared with ET. Attrition declined in most sectors, except for a rise in financial services to 32.7% in 2023 from 29.2% in 2022.
Jobs for women: Ride-hailing services are expected to increase women working in India's top five cities by over 6% by 2028. With better transportation, more than half a million women might join the workforce. A report by Oxford Economics, commissioned by Uber, highlights this potential growth, emphasizing the inclusive impact of ride-hailing for women's economic opportunities.
Over the last three years, cybersecurity jobs have shown consistency in its growth trajectory, according to the report by job portal Indeed.However, there
India News: Union Minister Rajeev Chandrasekhar said that India is the leading country in terms of job creation and opportunities. He emphasized the importance of