Young India not so hopeful about job prospects
6 years, 4 months ago

Young India not so hopeful about job prospects

Live Mint  

Mumbai: India’s urban youth remains overwhelmingly pessimistic about job prospects, shows a recent survey conducted by market research firm YouGov in collaboration with Mint. However, the same survey reveals that working young millennials, aged 22 to 28 years, with similar qualification, mostly earn less than ₹ 30,000 per month. India’s “jobless growth” has been the most contentious issue in recent political discourse, with the opposition accusing the Modi-led government of having failed to create sufficient jobs in the country even as the government dismisses the claims as “political gimmick”. While this may simply be a reflection of growing aspirations of young India, a reason why a larger number of millennials want to turn entrepreneurs could also be their dissatisfaction with the job market.

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History of this topic

Bridging India's Skill Gap: Addressing the Employability Challenge
5 days, 1 hour ago

Bridging India's Skill Gap: Addressing the Employability Challenge

The Quint  

Peoplefy works closely with Large GCCs and IT Companies for their niche talent needs. According to a 2023 report by the India Skills Report, only 48.7% of the Indian workforce is deemed employable, highlighting a massive gap between education and industry requirements. The report also emphasizes that while India's literacy rate is around 77.7%, literacy does not equate to employability. …

Economic Survey 2023-24: Only 51% graduates employable
5 months, 3 weeks ago

Economic Survey 2023-24: Only 51% graduates employable

The Hindu  

According to the Economic Survey 2023-24, 65% of India’s fast-growing population is under the age of 35, and many lack the skills needed by a modern economy. The 2022-23 Annual Report of the Ministry of Skill Development & Entrepreneurship notes, “as per National Single SignOn, 2011-12 report on Status of Education and Vocational Training in India, among persons of age …

How to create more jobs for India’s educated youth | In Focus podcast
9 months, 1 week ago

How to create more jobs for India’s educated youth | In Focus podcast

The Hindu  

The India Employment Report 2024, released recently by the International Labour Organisation, paints a grim picture. The news is particularly bad on two critical counts: joblessness is particularly high among the youth, and its worse for the educated youth. According to the report, India’s youth account for 83% of the unemployed workforce, with the share of the educated youth among …

Hiring in India: 37% employers planning to increase staff strength by 2024 March
1 year, 1 month ago

Hiring in India: 37% employers planning to increase staff strength by 2024 March

Live Mint  

India has one of the strongest hiring sentiments in the world over the next three months, with 37 percent of businesses planning to increase their staff levels in response to strong domestic demand, a report has stated. As per the survey, India and the Netherlands reported strongest net employment outlooks at 37 percent, followed by Costa Rica and the US …

Jobs for the young must be a key policy priority
1 year, 7 months ago

Jobs for the young must be a key policy priority

Hindustan Times  

Economic data published this week turned my attention to economics, economies, and the numbers or statistics that make up the raw material that economists study. But he found that mathematical calculations very often produced wrong results, so preferring to be, as he put it, roughly right rather than absolutely wrong, he joined the World Bank, There, he held senior positions …

4 In 5 Professionals In India Looking For A New Job In 2023: LinkedIn
1 year, 11 months ago

4 In 5 Professionals In India Looking For A New Job In 2023: LinkedIn

ABP News  

Four in 5 professionals in India are considering changing their jobs in 2023 and this sentiment is largely led by Gen Z, with 88 per cent of professionals aged 18-24 considering a switch, a new report by LinkedIn said on Wednesday. According to Microsoft-owned LinkedIn’s economic graph data, hiring levels in India were 23 per cent slower in December 2022 …

Youth employment deteriorated in India: ILO report
2 years, 5 months ago

Youth employment deteriorated in India: ILO report

The Hindu  

India experienced severe working-hour and employment losses in 2020 and 2021, and Indian youth employment deteriorated in 2021 compared to 2020, according to the Global Employment Trends for Youth 2022 report released by the International Labour Organisation on Thursday. In India, the report said surveys conducted by the Centre for Monitoring the Indian Economy show that the youth employment participation …

Unemployment crisis in India is an invisible epidemic
2 years, 5 months ago

Unemployment crisis in India is an invisible epidemic

The Hindu  

Published : Jul 24, 2022 18:00 IST Shalini Ghosh runs a fairly popular boutique chain selling ethnic garments and gift items from West Bengal. Going by the CMIE statistics, one State that has witnessed a high level of unemployment among graduates is Bihar, with 34.2 per cent of its graduate workforce without a job. Speaking to Frontline, Jawhar Sircar, a …

Create more jobs, revamp employment policy
2 years, 6 months ago

Create more jobs, revamp employment policy

The Hindu  

The Government of India has recently announced its plan to create 10 lakh government jobs in the next 18 months. The share of contract workers in total government employment has been increasing rapidly in recent years — from 11.11 lakh in 2017 to 13.25 lakh in 2020 and to 24.31 lakh in 2021. The urban programme should include: basic urban …

Indians prefer job guarantee over everything else. This is the top reason
3 years, 6 months ago

Indians prefer job guarantee over everything else. This is the top reason

Live Mint  

A majority of urban Indians left unemployed by the coronavirus pandemic want the government to guarantee them jobs like it does for people in rural areas, says a study by the London School of Economics. An overwhelming 82% of respondents surveyed for the report ‘City of dreams no more, a year on: worklessness and active labour market policies in urban …

India’s urban poor finding it hard to bounce back from job crisis
4 years ago

India’s urban poor finding it hard to bounce back from job crisis

Live Mint  

Over the past few months, several high-frequency indicators have suggested a pick-up in economic activity across the country. But data from the latest round of the YouGov-Mint-CPR Millennial Survey conducted online in October and November suggests that the job market is yet to recover from the pandemic shock. But older workers who lost their jobs may find it more difficult …

Good news for India's urban job seekers amid pandemic
4 years, 5 months ago

Good news for India's urban job seekers amid pandemic

India Today  

Millions of Indians have lost their jobs during the ongoing coronavirus crisis and continue to worry as the pandemic situation in the country seems to have taken a turn for the worst. But even as rising coronavirus cases and intermittent lockdowns threaten India’s employment recovery rate, data on new jobs added in July gives a fresh ray of hope. Not …

Unemployment biggest worry of urban Indians: Survey
5 years ago

Unemployment biggest worry of urban Indians: Survey

India TV News  

Concerns about joblessness is on the rise in India as a new survey has revealed that unemployment is what worries 46 per cent of urban Indians the most. The results revealed that in November at least three per cent more urban Indians were worried about unemployment than those in October, according to the latest report of the "What Worries the …

Just 19% employers in India bullish on hiring in October-December quarter; softer job outlook prevails in several markets: Survey
5 years, 4 months ago

Just 19% employers in India bullish on hiring in October-December quarter; softer job outlook prevails in several markets: Survey

Firstpost  

Chinese employers reported a cautious hiring climate in the coming quarter, as a net four percent employers anticipate a rise in their staff numbers – their weakest outlook in two years. New Delhi: Only 19 percent of employers in the country have bullish hiring plans for the next three months, while 52 percent expect no change in their payrolls, says …

Employment generation remains the toughest job
5 years, 6 months ago

Employment generation remains the toughest job

Live Mint  

New Delhi: The greatest challenge that the Narendra Modi-led government faces in its second term is that of job creation. At the same time, the share of workers with a regular job was also higher than that recorded in any other official jobs survey in the past. As a Mint analysis based on data from annual reports of companies and …

Employment generation remains the toughest job
5 years, 6 months ago

Employment generation remains the toughest job

Live Mint  

New Delhi: The greatest challenge that the Narendra Modi-led government faces in its second term is that of job creation. At the same time, the share of workers with a regular job was also higher than that recorded in any other official jobs survey in the past. As a Mint analysis based on data from annual reports of companies and …

Only 13 per cent employers in India have hiring plans for next three months: Survey
5 years, 7 months ago

Only 13 per cent employers in India have hiring plans for next three months: Survey

India TV News  

With India's job market undergoing a transition, only 13 per cent of employers across the country indicate upbeat hiring plans for the next three months, while 61 per cent anticipate no change in their payrolls, a survey said Monday. According to the ManpowerGroup Employment Outlook Survey, while 13 per cent of employers expect to increase payrolls, none forecast a decrease, …

Work undone: How India fails its young job seekers
5 years, 7 months ago

Work undone: How India fails its young job seekers

Al Jazeera  

As India goes to polls, Al Jazeera looks at its intensifying unemployment crisis and the politics that surround it. But just today an interviewer told me I’m too qualified,” said the 24-year-old, who is a Dalit – one of the former “untouchable” caste who still face segregation and social exclusion in India. The politics of unemployment In India’s ongoing national …

NSSO data confirms India's jobs crisis: Unemployment at 45-year high of 6.1%, way out is to make economy grow
5 years, 11 months ago

NSSO data confirms India's jobs crisis: Unemployment at 45-year high of 6.1%, way out is to make economy grow

Firstpost  

The problem of unemployment is very serious and the only way to go ahead is to make the economy grow which happens gradually over time. The Business Standard report has focused on the unemployment rates among men and women youth in both urban and rural areas, which does require an explanation as it is quite deep-rooted and scary. The report …

Opinion | Transformation through tech can drive jobs growth
5 years, 11 months ago

Opinion | Transformation through tech can drive jobs growth

Live Mint  

The potentially slowing rate of global growth and India’s continuing growth trajectory present both opportunities and challenges. Mainstreaming the application of technologies to all industries whether it is restaurants, hotels, heavy engineering, handlooms and handicrafts or logistics and transportation for things as basic as automating invoicing and payments to complex tasks like inventory control and management can not only help …

What company reports tell us about job creation
6 years, 1 month ago

What company reports tell us about job creation

Live Mint  

Mumbai/New Delhi: As the 2019 election approaches and the debate on job creation intensifies, it is worth asking how India has fared in terms of job growth since the Narendra Modi-led National Democratic Alliance swept to power in 2014. While credible data on overall job creation in the economy over the past four years is not available, jobs data reported …

Indian youth not equipped to avail current career opportunities: Shashi Tharoor
6 years, 2 months ago

Indian youth not equipped to avail current career opportunities: Shashi Tharoor

India TV News  

Congress MP Shashi Tharoor Thursday said India was staring at a "demographic disaster" as a major section of the country's youth was not yet equipped to take advantage of the job opportunities that the current century has to offer. He also made a pitch for policies to provide "right kind of education", including skill development and vocational training, to youngsters …

The enormity of job challenge that India faces
6 years, 2 months ago

The enormity of job challenge that India faces

Live Mint  

While there is no clarity on the extent of jobs created in the economy since 2011-12, there is no disagreement that the economy has failed to create enough jobs. The unrest among farmers driven by declining incomes is also a manifestation of the problem of employment in a country with almost half of the total workforce working in agriculture. The …

Youth in India prefer a government job and the security attached to it, shows survey
6 years, 4 months ago

Youth in India prefer a government job and the security attached to it, shows survey

Firstpost  

A decreasing income differential between public and private sector jobs, particularly at the entry-level, is driving the youth towards government jobs. There’s a growing preference for government jobs in Indian cities, a trend that clearly indicates young Indians are prioritising job security over rapid career growth, promised by most private sector employers. The work environment and job profiles in these …

What Young India wants: ‘Sarkari Naukri’
6 years, 4 months ago

What Young India wants: ‘Sarkari Naukri’

Live Mint  

In one of the largest such exercises ever conducted in the world, millions of applicants are appearing this month for an online recruitment test conducted by the Indian Railways. Most recruitment drives by government departments across the country generate similar enthusiasm among job seekers and it is quite common to find thousands of applicants, including PhDs and postgraduates, for low-end …

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