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    Temporary residents, new immigrants push up Canada unemployment

    Record numbers of newcomers in Canada are struggling to find work, driving up the unemployment rate. Temporary residents and recent immigrants face unemployment rates of 11% and 12.6% respectively. The government plans to cut non-permanent residents by 20% to address the issue. The labor market is tough for newcomers as job vacancies decrease and integration takes time.

    How one of the world's strongest car unions is dealing with EV job losses

    Toyota in Japan and Hyundai or Kia in South Korea navigate challenges from technological transformation and electrification.

    How to manage the inner critic during a mid-career pivot

    Imposter syndrome can hinder career growth during mid-career transitions, impacting confidence and leading to feelings of inadequacy. Understanding its triggers and managing it is crucial for professionals looking to change careers.

    Sweden raises salary threshold for foreign workers by almost 120%; mulls further hikes

    The government plans to further raise the threshold to 35,600 kronor, with exemptions for certain workers and a one-year grace period for current permit holders. The updated threshold applies to new applications and renewals from June 18, 2024, with annual adjustments based on median salary figures. Temporary seasonal workers must meet a lower threshold of 13,000 kronor but also ensure their salaries align with industry standards.

    Gig landscape offer a lot of opportunities for mid-career professionals, but there are stumbling blocks too

    India's gig economy is booming, offering opportunities for freelancers and mid-career professionals. The sector values skills and experience, providing flexibility and higher income potential. Mid-career individuals can leverage their expertise for a rewarding career in roles like coders, data analysts, and consultants.

    Myth debunking 101: Career advancement is possible only through formal promotion

    The traditional career advancement model is evolving, with professionals seeking alternative paths for growth beyond vertical promotions. Embracing flexibility and skill development, individuals can navigate lateral moves, upskilling, networking, and diverse experiences to achieve success in today's dynamic work environment. Experts advise on strategies to seize these opportunities effectively.

    • Understanding the difference between green jobs and ESG jobs

      The demand for sustainability roles has surged, with a focus on ESG roles and green jobs. ESG roles encompass environmental, social, and governance aspects, while green jobs specifically target environmental sustainability.

      Demand under rural jobs scheme eases again in May

      Demand for work under India's rural job guarantee scheme, MGNREGS, dropped for a seventh consecutive month in May, signaling improved economic conditions at the start of the fiscal year. About 37.46 million individuals sought work, down 12.1% from the previous year, with 27.18 million households seeking work, a 14.3% drop. The trend is attributed to better-paying job opportunities and the impact of heat waves across the country, although the data is subject to revision.

      How to use performance improvement plan as a recovery period to bounce back higher

      Nirupama VG, Founder, AdAstra Consultants, says performance improvement plans (PIPs) often carry a stigma, signalling underperformance or imminent termination. However, they can also be pivotal moments for employees to reset and excel.

      Hotels up hiring game: About 100,000 jobs likely to be created in 12-18 months

      Hotels across segments are ramping up their workforce as they are adding more rooms and entering new markets amid a strong pickup in business and leisure travel. The jobs they are recruiting for are a mix of permanent, temporary and gig, said Balasubramanian A, vice president and head of consumer, hospitality and ecommerce at TeamLease.

      Sweltering heat pushes up demand for temporary workers in rural markets

      There is a 20% year-on-year increase in rural job vacancies, according to executives at recruitment services and consumer companies. They estimate 20,000-50,000 new temporary jobs are being created this year thanks to robust summer season demand in rural and semi-urban areas while companies with a large focus on rural businesses are looking to bolster sales and distribution presence in the hinterlands.

      Seasonal manpower demand soars, 2024 looks set to be a record year for temporary summer jobs

      Most in demand are delivery, in-store, on-ground, after-sales service and manufacturing workers for industries producing summer goods with companies struggling to find people to fill roles.

      Extra cash or career advancement: How to make side hustles work for you

      India's side-hustle economy is thriving, offering opportunities for career growth through supplementary income activities. It's crucial to balance side hustles with primary jobs and seek mentorship for success.

      Contemplating a career in cybersecurity? Check out the in-demand skills, roles, and pay

      The rise in technology has brought about a surge in cyberattacks, emphasizing the critical need for robust cybersecurity measures. With a shortage of professionals globally, the industry is witnessing high demand for roles such as security analysts, data scientists, and incident responders.

      Hiring of temporary staff to sell credit cards, personal loans continues to grow

      The demand for manpower to sell credit cards and loans in India is increasing, despite the Reserve Bank of India's stricture on unsecured loans and the growth momentum in personal loans tapering off in February. Frontline sales jobs from BFSI companies are 14-20% higher this month compared to a year earlier, with industry executives predicting that about 25,000-30,000 frontline sales personnel will be hired in the April-June quarter to cater to the rising demand in retail and unsecured loan categories.

      Eyeing a career in robotics? Understand the roles, skills and pay in this emerging industry

      The robotics industry's exponential growth offers promising career prospects in various roles like robotics engineer, researcher, and technician. Specific skills, educational backgrounds, and training are essential to excel in this dynamic field, ensuring competitive pay structures for entry-level positions.

      Flexi staffing industry grows 3.6 pc in December qtr FY24 : Report

      The Indian Staffing Federation reported a 3.6% industry growth in December quarter FY24, reaching Rs 1.34 lakh crore. Flexi workforce demand remained high, especially in sectors like e-commerce and manufacturing.

      Why adaptability is the one skill freshers should learn to develop

      Adaptability is essential for freshers to thrive in the job market. Employers value it for navigating evolving job requirements. Developing adaptability skills through continuous learning and embracing change is crucial for career progression and success.

      White collar gig jobs on the rise, show Foundit’s hiring insights

      March 2024 showed 4% drop in hiring from 2023. Education, telecom, energy sectors grew; automotive, shipping faced challenges. Senior management hiring increased by 6%. White collar gig roles surged 184%.

      Want to change career path? Use pivot internships to test the waters

      Pivot internships offer a low-risk path for career changes, bridging industries through transferable skills. Despite challenges like pay cuts and self-doubt, successful transitions are achievable with dedication and skill leverage.

      Consumer durables industry: Demand for temporary workers increase in small towns & hinterlands by up to 30% from last year

      The demand for more workers is mainly from places such as Panipat, Varanasi, Asansol, Dhanbad, Guwahati, Raipur, Nagpur, Jaipur, Patna, Salem, Calicut, Coimbatore, Vizag, Cuttack, Guntur, Nellore and Madurai, as large Indian companies and MNCs look to expand their network amid a rise in demand for air-conditioners, coolers, refrigerators, fans and inverters in tier 2 and 3 regions.

      Canada is planning to curb the number of temporary foreign workers for the first time ever

      Canada plans to reduce the percentage of temporary foreign workers over three years after consulting provinces. Permit restrictions start in May. Recent measures include capping student permits and tightening the labor market with decreasing job vacancies.

      Eyeing a career in logistics? Check out the skills, courses and freelance opportunities in the industry

      The logistics industry offers job opportunities due to the growth of e-commerce and urbanization. Logistics professionals need skills in data analysis, AI, and leadership. AI and ML transform logistics with rule-based systems and demand forecasting. Logistics courses and certifications enhance skills. Freelance and part-time positions meet the growing demand.

      Religious tourism to create up to 2 lakh job opportunities in 4-5 years in India, says NLB Services

      Religious tourism in India is expected to create up to 2 lakh job opportunities in the next 4-5 years with a projected revenue of USD 60 billion by 2028. The recent inauguration of Ram Mandir in Ayodhya is expected to boost religious tourism, leading to entrepreneurship opportunities in various industries. Multiple states are experiencing a surge in tourist influx.

      A Budget solution to India's skilled workforce challenge: Unleash the Gig contingent

      Currently, there are 7 million gig workers in India, and this number is expected to rise to 25 million by 2030. To accelerate the growth of the gig workforce, the government needs to invest in technology, provide worker support and benefits, ensure regulatory compliance, address social responsibility, and focus on education and upskilling. These investments will lead to a more robust and inclusive economic model.

      Canada can’t afford to block temporary residents

      Record numbers of newcomers have pushed Canada’s population growth rate to 3.2%, one of the fastest in the world. The surge has boosted the labor market but also helped drive up housing costs, sparking a backlash in the typically immigrant-friendly country.

      How flexi-staffing can offer stability in a volatile hiring environment

      ​​IT services companies are anticipating reduced hiring in the short term due to an anticipated growth slowdown and a decreasing attrition rate. This trend is expected to continue for the next few quarters before stabilising at the long-term average of 13-15 percent.

      Demand for delivery staff to surge as Cricket World Cup kicks in from October 5

      Events of the magnitude of the World Cup have a direct positive impact on deliveries of food, groceries and items from ecommerce companies, experts told ET.

      Thriving in the gig economy: A guide for enterprises to source and manage gig talent

      Effectively managing gig talent involves creating detailed contracts, transparent communication, and utilizing project management tools. Enterprise-focused gig platforms can provide end-to-end solutions and high-quality talent, while also streamlining operations. Building lasting relationships with gig workers is essential for success in the gig economy.

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    The Economic Times
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