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Manufacturing, electric vehicle, and engineering companies are hiring at their fastest pace in five years, according to a study by Adecco. The hiring intent for 2024 is 19.8%, the highest since 2020. The engineering sector, including automobile, aerospace, defense, chemical, agricultural, electrical, electronics, and industrial engineering, is expected to outperform the rest in hiring. Companies in these sectors are likely to offer pay hikes of 8% to 12%.

EV Sector Hiring: The hiring intent for 2024 is 19.8%, the highest since 2020. The engineering sector, including automobile, aerospace, defense, chemical, agricultural, electrical, electronics, and industrial engineering, is expected to outperform the rest in hiring. Companies in these sectors are likely to offer pay hikes of 8% to 12%.

* Under a Joint Development Agreement , GE Vernova and IHI will collaborate to develop a new gas turbine combustor capable to use ammonia for power generation compatible with GE Vernova's 6F.03, 7F...

Tokyo, Japan-- Ammonia, a derivative from hydrogen, which can be carbon-free when combusted in a gas turbine, is expected to play an important role in the

Singapore, October 25, 2023 - Sembcorp Industries , IHI Corporation and GE Vernova's Gas Power business have signed a non-binding memorandum of understanding to jointly...