HIRING MARKET
India Inc plans to hire in December quarter, but at a slower pace
Indian employers are showing a slightly tempered hiring outlook for the October-December quarter at 40%, a decrease from the previous quarter but a significant increase year-on-year. Expansion, tech advancements, and new ventures drive hiring, with energy, utilities, and finance sectors leading. Talent acquisition and work-life balance are key challenges and retention strategies for employers.
Consumer goods companies hire legal firms to navigate new GST norms and avoid anti-profiteering issues
Consumer goods companies are seeking legal guidance to navigate revised GST norms and avoid anti-profiteering issues after the NAA's sunset clause. Firms, especially in packaged food and personal care, need advice on input tax credit application, pricing, and supply chain structuring. The government may re-invoke anti-profiteering measures, prompting companies to ensure tax benefits reach consumers.
After Canada, US youth now face a tough job market – is America already in a hidden recession?
US recession indicators 2025: Despite US GDP growth, a report indicates young Americans face recession-like conditions. High unemployment, especially among recent graduates, and sluggish hiring in key sectors contribute to this reality. Economist Pascal Michaillat suggests current recession indicators overlook labor market distress, estimating a high probability of an ongoing recession.
Can this American bill topple India's showpiece industry?
The proposed US HIRE Act threatens India’s $250bn IT sector, targeting outsourcing with a 25% tax on payments to foreign firms. While still unlikely to pass, it signals rising protectionism and populist rhetoric under Trump-aligned Republicans. Indian IT services and GCCs, heavily dependent on US clients, face real risks, prompting a need for market diversification and domestic growth.
Quick commerce to hike festive workforce by up to 60%
Quick-commerce firms in India plan to increase temporary staff by up to 60% for the festive season. Redseer estimates quick commerce deliveries will double to 10% of total e-commerce. Flipkart, Amazon, Blinkit, Swiggy Instamart, and Zepto are preparing for Diwali. Around 80,000 to 100,000 workers will be hired. Tier 2 cities are also ramping up fast.
US Stock market's worst performing month in past 35 years September is here. Top Stocks to pivotal factors - all you need to know
Tesla rose 3.6 per cent after proposing a payout package that could reach $1 trillion for its CEO, Elon Musk, if the electric vehicle company meets a series of extremely aggressive targets over the next 10 years.
- Go To Page 1
Meta hiring US-based contractors to build Hindi AI chatbots: Report
Applicants are required to be fluent in Hindi, Indonesian, Spanish, or Portuguese, and must have at least six years of experience in storytelling, character development, and familiarity with AI content workflows.
Wall Street’s wealth engine powers through job-market anxiety
Recent economic data reveals a concerning trend: job growth is slowing in America, impacting workers' financial security. However, investors anticipate the Federal Reserve will intervene to protect their assets. Despite a slight market dip, bonds have rallied, and equities remain near record highs.
Black unemployment jumps to 7.5% as August jobs report shows economic cooling
Black unemployment rose 0.3% to 7.5% in August while overall US unemployment reached 4.3%. The jobs report showed only 22,000 new positions added, with Black Americans experiencing disproportionate job losses amid economic slowdown and federal employment cuts totaling 97,000 since January
Will Fed chair Jerome Powell cut rates following the weak jobs report?
August jobs report marks the fourth consecutive month of cooling labor growth, strengthening the case for a rate cut at the Fed’s September 16–17 meeting. Chair Jerome Powell has already signaled that policymakers are monitoring the slowdown closely.
CoinSwith founder has an advice for parents who still asks their kids 'beta engineer toh ban jao'
CoinSwitch Co-founder Ashish Singhal highlights a concerning trend: companies are skipping campus placements in Karnataka's tier-2 and tier-3 engineering colleges, despite students incurring significant educational costs. He emphasizes that the demand for engineers has decreased due to AI, and skills are now more important than degrees.
US job growth slows sharply in August, unemployment rate ticks higher
U.S. job growth significantly slowed in August, with a surprising increase in the unemployment rate to 4.3%. This raises concerns about a weakening labor market and fuels speculation that the Federal Reserve might aggressively cut interest rates. Economists suggest uncertainties over tariffs are freezing hiring, potentially leading to negative job growth.
US recession soon? Economists alarmed as 22,000 jobs added in Aug, unemployment at highest in nearly four years
The US added 22,000 jobs in August, according to data from the U.S. Bureau of Labor Statistics. That figure showed a sharp decrease from 79,000 jobs added in the previous month. The unemployment rate ticked up to 4.3%, but it remained at a historically low level. Economists have sounded alarm over job markets in US, fuelling speculation whether US is close to a recession.
US labour market in doldrums as August hiring adds just 22,000 jobs — unemployment hits four-year high
US labour market in doldrums as the August jobs report showed only 22,000 new jobs, while the unemployment rate climbed to 4.3%, the highest in nearly four years. Businesses are slowing recruitment due to tariffs, weak demand, and rising costs, while revisions to past data revealed even fewer jobs than earlier reported. With fewer openings than job seekers for the first time since the pandemic, the latest US jobs report signals rising risks ahead.
August Jobs Report Today — will Wall Street soar or sink?
August jobs report lands today with Wall Street on edge. After weeks of weak hiring data, rising jobless claims, and the worst August layoff announcements since the Great Recession, the labor market looks increasingly fragile. Traders are watching closely because these numbers could lock in the Fed’s next rate cut and determine whether stocks keep rallying or face a sharp pullback. Tech giants, homebuilders, and financials are all in play as investors prepare for the headline figures.
US scrutiny on H-1B visas: MEA stresses mutual benefits of India-US mobility
India has defended the H-1B visa program amid growing US scrutiny over alleged misuse. MEA Spokesperson Randhir Jaiswal emphasized the mobility partnership's importance to technology, economic collaboration, innovation, and financial cooperation between the two nations. This response follows US probes into discrimination and concerns that Indian IT firms are leveraging the system to hire lower-cost workers, prompting calls for reforms.
Amid US job market uncertainty, Gen Z employees are embracing this unexpected trend. What are its signs?
Amidst economic uncertainty and widespread layoffs, a new workplace trend called "job hugging" has emerged, where employees are holding onto their current positions due to fears about the unpredictable job market. This contrasts with the "job hopping" trend seen during the Great Resignation. This new workplace trend is mostly common among Gen Z.
H-1B reforms may be next, says USCIS chief as White House readies announcement
The White House is considering changes to the H-1B visa program to protect American workers, according to USCIS Director Joseph Edlow. The administration is weighing a "Weighted Selection" rule and exploring broader reforms, potentially prioritizing higher wages. Simultaneously, the Department of Justice is investigating hiring practices that may favor H-1B workers over US citizens, signaling increased scrutiny of the program.
Asian shares join global rally before US jobs data
Asian shares experienced early gains following a Wall Street rally fueled by signs of a cooling US labor market, reinforcing expectations of Federal Reserve rate cuts. Japan's Nikkei-225 surged after President Trump's trade agreement implementation. Investors are closely watching upcoming jobs data, hoping for a gentle deceleration that prompts Fed action without signaling deeper economic concerns.
Zomato, Swiggy's GST woes; Amazon's $200-million Axio deal
With the overhaul of India's GST regime, food delivery companies Zomato and Swiggy stare at a new tax burden. This and more in today's ETtech Top 5.
AI not affecting job market much so far, New York Fed says
There has been broad concern that AI could create major headwinds for hiring in the coming years, with the technology hitting highly-paid professional and managerial jobs the hardest.
US private payrolls miss expectations in August
U.S. private payrolls saw a smaller-than-expected increase in August, signaling a softening labor market. Private employment rose by 54,000 jobs, according to the ADP National Employment Report. Layoff announcements surged, and the number of unemployed people exceeded available positions for the first time since the pandemic.
Uncertainty hits IT, hiring demand falls 10% in August
Hiring at India's IT services companies has slowed since the start of the second quarter and the trend is likely to continue, according to staffing firms. In the current quarter that ends on September 30, there has so far been a 2-3% decline in demand for legacy tech jobs, but hiring has been strong for specialised roles involving artificial intelligence (AI), machine learning (ML), cloud, data and cybersecurity.
US Jobs openings crash to 85,000 a month from staggering 400,000 per month but there is a relief for employees - details here
U.S. job market has lost momentum this year, partly because of the lingering effects of 11 interest rate hikes by the inflation fighters at the Federal Reserve in 2022 and 2023 and partly because President Donald Trump’s trade wars have created uncertainty that is paralyzing managers making hiring decisions.
US job openings decline in July; hiring lackluster
U.S. job openings experienced an unexpected decline in July, signaling a potential easing of labor market conditions. The number of unfilled positions dropped to 7.181 million, while hiring saw a slight increase to 5.308 million. Economists attribute the slowdown to factors like tariffs and immigration policies, anticipating a modest rise in nonfarm payrolls for August.
Google techie's success playbook: 3 skills young engineers should master in the age of AI
Harsh Varshney, a Google software engineer, shares insights for young engineers on thriving in Big Tech. While AI has become central to modern engineering, Varshney emphasizes that it’s not enough on its own. Success requires strong computer science fundamentals, deep expertise in AI both as a builder and power user, and the ability to translate knowledge into real-world projects.
Festive season: Quick commerce to ramp up temp workforce by 40–60%
Quick-commerce platforms are gearing up for a significant surge in demand this festive season, projecting a 40-60% increase in temporary workforce. This expansion aims to manage the expected doubling of quick commerce deliveries, potentially reaching 10% of the total e-commerce market.
White-collar hiring up 3 pc in Aug; non-IT, AI-ML roles drive growth
India's white-collar job market saw a modest 3% hiring increase in August 2025, fueled by non-IT sectors and AI/ML roles, which surged by 54%. While IT faced a 6% decline, IT unicorns grew by 10%. Hyderabad led metro hiring with 10% growth and a 45% unicorn recruitment surge, highlighting its emergence as a startup hub.
Load More
