Apprenticeships are a proven pathway for addressing skill deficits and they offer the dual advantage of on-the-job training combined with theoretical knowledge rooted in the core job role, writes Ramesh Alluri Reddy, Chief Executive Officer, TeamLease Degree Apprenticeship
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India ranks sixth globally for its employment outlook during the July to September quarter of 2024
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Going forward, employment creation must be at the top of the agenda to absorb the growing young population in the country, says PHDCCI
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Despite the electoral victory, this is the first time when the BJP failed to cross the halfway mark alone in the general elections under Prime Minister Narendra Modi's leadership
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Ind-Ra's analysis underscores the significance of this shift, projecting a GDP growth of 7.1 per cent for FY25
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The quarterly data of the periodic labour force survey released shows an increase in the Labour Force Participation Rate (LFPR) and Worker Population Ratio (WPR) and decreasing Unemployment Rates (UR) in urban areas
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In the next seven to eight years, the upper and lower middle class are likely to constitute about 70 per cent of the total population, indicating a further decrease in inequality
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The number of job-seekers registered through the portal in FY24 is 87,27,900 as against job vacancies of 1,092,4161, as per NCS data.
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The youth unemployment rate has been rising over the past several decades – from 5.6 per cent in 2000 to 6.2 per cent in 2012
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