Washington: The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama. Nonfarm payrolls jumped 243,000, the Labor Department said on Friday, as factory jobs grew by the most in a year. The jobless rate fell to 8.3 per cent - the lowest since February 2009 - from 8.5...
05:46 AM, Feb 04, 2012
Davos: In a candid admission of the problems plaguing the world's largest economy, US Treasury Secretary Timothy Geithner said on Friday the country was seeing "very high levels of poverty and inequality". Geithner's comments at the World Economic Forum (WEF) annual meeting in Davos came on a day when the US government data showed that the country's economy grew 2.8 per cent in the last three months of 2011. "(There...
10:03 PM, Jan 27, 2012
Lucknow: The Congress released its 'Vision Document 2020' in Lucknow on Friday. Senior leaders Salman Khurshid and UP Congress chief Rita Bahuguna Joshi identified the growth roadmap for the state with focus on employment and education. The party promised a Rs 3000 crore package for weavers and 20 lakh jobs in the next five years. "With the help of the people of Uttar Pradesh, we will form a government and...
03:02 PM, Jan 27, 2012
New Delhi: After launching employment schemes for rural India, the Centre now plans to create job opportunities for the nearly 100 million urban poor. The UPA-II has proposed a National Urban Livelihoods Mission (NULM) to address issues related to urban poverty like skill upgradation, entrepreneurship development and providing credit at affordable rates. The mission, to be launched in the 12th Five Year Plan, will replace the Swarna Jayanti Sahari Rojgar...
01:54 AM, Jan 25, 2012
London: When going for a job interview, candidates mostly expect questions pertaining to technical knowledge in the field, past history and so on, but tech giants are now resorting to ask 'odd' questions to test applicant's thoughtful approach to problem-solving, career experts say. "Would Mahatma Gandhi have made a good software engineer?" was one such question asked during an interview at Deloitte. Technology firms dominated this year's list of the...
04:35 PM, Jan 03, 2012
Kishtwar (JK): Jammu and Kashmir Chief Minister Omar Abdullah on Friday said his government has focused on improving the employability of youth so that they are easily absorbed in open job market. "The government has establishment many new colleges, polytechnics, ITIs and university campuses which would help students to upgrade their skills," he told a public gathering in Kishtwar, about 230 km from Jammu. Omar said the Sher-e-Kashmir Employment Welfare...
07:52 PM, Dec 16, 2011
New Delhi: In stark contrast to the fears of economic slowdown hurting the country's labour market, two separate job market surveys today suggested an improving employment scenario and predicted robust hiring activities for the new year -- which could be the best in the world. Painting an optimistic picture, global HR firm Manpower said in its quarterly job market report that Indian employers are the most bullish globally when it...
02:55 PM, Dec 13, 2011
New Delhi: Notwithstanding concerns of an economic slowdown, Indian employers are the most bullish worldwide when it comes to hiring, with robust recruitment plans for the next three months, especially in the services sector, says a survey. "Indian employers report the most optimistic hiring intentions among the 41 countries and territories where the survey is conducted," global HR firm Manpower said in a report released on Tuesday. With a net...
12:03 PM, Dec 13, 2011
New Delhi: Congress general secretary Rahul Gandhi, whose interventions have brought the backward Bundelkhand region into national focus on Thursday listened to the complaints of residents of the region straddling both Uttar Pradesh and Madhya Pradesh and assured them of all possible help. "The Bundelkhand package money belongs to you. You must use it well and whatever issues you have, we shall try to address as best as we can,"...
03:47 AM, Dec 09, 2011
Washington: The US unemployment rate tumbled to a 2-1/2 year low in November, even though the pace of hiring remained too slow to suggest a significant acceleration in the labor market recovery. Nonfarm payrolls increased by 120,000 jobs, the Labor Department said on Friday, and the jobless rate dropped to 8.6 per cent, the lowest since March 2009, from 9 per cent in October. It was the biggest monthly decline...
04:31 AM, Dec 03, 2011
It is almost December, 2011, and we are yet to see the ministry of labour and employment come out with the national unemployment rate for 2010-2011. The country sincerely hopes that the Report on Employment and Unemployment Survey (2009-2010), published in October 2010, was not a one-off thing. Studies based on statistics collected at the ground level have been invaluable to ascertain successes and failures of various schemes and programmes....
02:03 PM, Nov 28, 2011
CHENNAI: Even continuous spells of rain on Sunday could not dampen the enthusiasm of job seekers in the city, as a steady stream of them attended the job fair conducted by Don Bosco Vazhikaatti (DBV) at the Don Bosco School in Egmore. More than 75 companies from retail, manufacturing, business, ITES, BPO and IT sectors put up stalls at the job fair. An annual event conducted by DBV, this years...
08:23 AM, Nov 28, 2011
New Delhi: Telecom equipment maker Nokia Siemens Networks will slash 17,000 jobs as part of efforts to reduce 1 billion euro in costs by the end of 2013. Nokia Siemens Networks, a joint venture between Finnish cellphone maker Nokia and German conglomerate Siemens, has been grappling with tough business conditions. Unveiling its strategy to focus on mobile broadband and services, Nokia Siemens Networks today said it plans to cut 17,000...
10:34 AM, Nov 24, 2011
Name: Manish Sabharwal Profile: Co-founder and Chairman, TeamLease Age: 41 Why He Won For trying to fix Indias people supply chain. And helping shape policy to bridge the gap between education and employability. At TeamLease, we hire somebody every five minutes, but we hire only 5 percent of the kids who come to us. It means rejecting 30,000 kids. Its a bad business; it breaks our hearts. The issue, in...
12:43 PM, Nov 03, 2011
New Delhi: Software major Oracle Corp on Thursday said it will hire 3,500 new personnel in India across all its businesses by May next year. "Oracle has announced an aggressive recruitment drive in India to hire 3,500 employees across all its businesses that support domestic and global customers," the company said in a statement. The company, which has the current workforce of 21,000 in the country, is looking to recruit...
03:30 PM, Oct 20, 2011
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