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April 15, 2021 With a raging pandemic potentially threatening their business prospects, Indian companies are putting extra efforts into employee retention. In line with companies across the Asia Pacific region, Indian firms have increased their spending on employee engagement and wellbeing, and training and development, among other measures that can help in staff retention, according to a survey by LinkedIn. The increase in budget for current employees comes at a time when companies in the Asia Pacific region have cut hiring spends by around 30% due to an “uncertain business outlook,” the survey said. The findings are based on a quantitative 20-minute online survey filled by over 3,500 small, medium, and large companies across Australia, China, India, Japan, Malaysia, the Philippines, and Singapore. ....
India s unemployment rate drops to 6.5% in January; employment rate surges to 37.9%: CMIE The unemployment rate declined to 6.5 per cent in January 2021 from 9.1 per cent in December 2020, while the employment rate surged to 37.9 per cent as compared to 36.9 per cent, says CMIE Chitranjan Kumar | February 15, 2021 | Updated 17:31 IST Nearly 12 million additional people were employment during January 2021 The year 2021 started on positive note for India as it recorded a significant fall in the unemployment rate and an equally impressive increase in employment rate in January, according to private think tank CMIE. Employment in India, however, remained lower than it was before the pre-COVID levels, but there were lesser unemployed people willing to work as well, it said. ....
Travel, tourism jobs are back; 20.7 million employed in Dec quarter: CMIE Travel and tourism sector, which saw its employment fall by 5.5 million during the severe lockdown of June quarter, employed 20.7 million people in December 2020 quarter Chitranjan Kumar | January 19, 2021 | Updated 23:37 IST Employment in travel and tourism sector rebounds to 20.7 million in December 2020 quarter India s job market is on a road to recovery, with most of the sectors restoring many jobs that were lost due to coronavirus pandemic-led nationwide lockdown, raising hopes that the worst may be over. Mitigating the impact of lockdown, most of the sectors, including agriculture, services, real estate and construction, have seen some recovery in terms of employment, but jobs have moved from higher labour productivity sector to those with low productivity, says private think-tank CMIE. ....
Travel, tourism jobs are back; 20.7 million employed in Dec quarter: CMIE Travel and tourism sector, which saw its employment fall by 5.5 million during the severe lockdown of June quarter, employed 20.7 million people in December 2020 quarter Chitranjan Kumar | January 19, 2021 | Updated 23:37 IST Employment in travel and tourism sector rebounds to 20.7 million in December 2020 quarter India s job market is on a road to recovery, with most of the sectors restoring many jobs that were lost due to coronavirus pandemic-led nationwide lockdown, raising hopes that the worst may be over. Mitigating the impact of lockdown, most of the sectors, including agriculture, services, real estate and construction, have seen some recovery in terms of employment, but jobs have moved from higher labour productivity sector to those with low productivity, says private think-tank CMIE. ....
Read more about From Tatas to RIL, India Inc goes into hiring mode as demand picks up on Business Standard. IT and auto lead the spurt in hiring so far; most of the jobs for junior or entry levels ....