India s Weekly Unemployment Rate Rises to 14.7% â the Highest Since June 2020: CMIE
Urban employment rose to 17.4% in the week ended May 23 compared with 14.7% in the previous week, while rural unemployment eased to 13.5% compared with 14.3% in the previous week.
Representative image. Job seekers fill up forms as others line up for registration during a job fair in Chinchwad, India February 7, 2019. Photo: Reuters/Danish Siddiqui/File Photo
Economy9 hours ago
New Delhi: India’s unemployment rate has spiked to 14.7% in the week ended May 23, the highest since June 2020, according to Centre for Monitoring Indian Economy (CMIE) data.
Urban employment rose to 17.4% during the same period compared with 14.7% in the prior week, while rural unemployment eased to 13.5% compared with 14.3% in the prior week.
Online hiring demand exceeds in 10 of 27 industries in April 2021: Monster Employment Index
Online hiring demand exceeds in 10 of 27 industries in April 2021: Monster Employment Index
As per the Monster Employment Index, a job analysis shared by the popular job site Monster.com, online hiring demand exceeds in 10 of the 27 industries in April 2021compared with April 2020.
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UPDATED: May 13, 2021 17:30 IST
As per the Monster Employment Index, a job analysis shared by the popular job site Monster.com, online hiring demand exceeds in 10 of the 27 industries in April 2021compared with April 2020.
As per the Monster Employment Index, a job analysis shared by the popular job site Monster.com, a Quess company, online hiring demands exceed in 10 out of 27 industries in April 2021 when compared to the data of April 2020.
Hiring activity moderately recovering across cities and sectors: Monster Employment Index indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.
Cities such as Bangalore and Pune have witnessed a positive month-on-month uptrend of 2% and 1% in March 2021. The same cities have also observed a yearly uptrend, with recruitment activities in Bangalore (14%), Hyderabad (6%), and Pune (2%) growing in March 2021 year-on-year compared to March 2020.
Recruitment activity logs 2% drop in March over previous month: Report
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Last Updated: Apr 14, 2021, 08:11 PM IST
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Synopsis
Industries such as banking/financial services, insurance (6 per cent), production and manufacturing (6 per cent), telcom/ISP (4 per cent), and media and entertainment (4 per cent), which previously showed a positive outlook, have witnessed a month-on-month decline in March 2021, owing to the pandemic, the report noted.
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The overall data indicate that there was a slight decline in job posting activity in March, according to Monster Employment Index, a job analysis report by Monster.com, a Quess Company.
The recruitment activity saw a drop of 2 per cent in March 2021 over the previous month, mainly dragged by a decline in job postings in sectors including banking/financial services, insurance, production and manufacturing, according to a report. The overall data indicate that there was a slight decline in job posting activity in March, ac