Growing Job Blues
Notably, urban unemployment rose from 8.5% in October to 9.3% in November, and further to 10.1% in December, matching levels seen a year ago.
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February 2024
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December 2023
November 2023
September 2023
August 2023
Interpreting Budget Dynamics
Fortune India formed a panel of the country's leading economists, CEOs, industrialists and experts to understand what the Interim Budget offers.
Formal job creation dips by 13% in Nov: EPFO
In November, approximately 7.86 lakh new members were added to the EPFO, witnessing a 10% month-on-month decline as against 8.16 lakh new members in October, the data reveals.
AI will impact 40% of jobs globally: IMF chief
The IMF chief says the net effect of artificial intelligence is difficult to foresee, as the technology will ripple through economies in complex ways.
Hiring sentiment positive for Q4 after sluggish Q3: Report
Consumer and retail companies are expected to see a resurgence in Q4 FY24 from muted demand in semi-urban and rural areas in the festive season, says TeamLease.
Blue-collar hiring up by 7.40% in 2023
The report further highlights that in 2023, blue-collar employers looked for GenZ talent, while white-collar sought millennial candidates.
It’s not a man’s world anymore in India
Both Indian men and women expect their salary to rise at the same rate of 8%, reflecting that gender pay equality is coming close to becoming an achievable reality in the Indian workforce.
Demand for frontline jobs declines by 17.5% in FY23: Report
E-commerce continues to be the highest employer of women frontline workers in FY23, contributing to 64% of the total women workers employed
EPFO adds 18.75 lakh net members in July
Majority of new members joining EPFO are in the age group of 18-25 years, constituting 58.45% of total new members' additions during the month
Formal job creation hits 11-month high in June: EPFO
The Employees' Provident Fund Organisation (EPFO) added 17.89 lakh net members in June
