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Top related persons:
Chandra Garisa - 2 Garisa - 2 We've - 1 Foundit - 1
Top related locs:
India Foundit
Top related orgs:
Centre - 2 Monitoring - 2 CNBC - 2

Search resuls for: "Chandra Garisa"


2 mentions found


☆ India’s startups are creating more jobs, but more investments still needed to boost employment
  + stars: | 2024-05-23 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com   time to read: +1 min
India's startup ecosystem is poised for promising growth as the country works toward boosting economic growth and entrepreneurship — but more jobs are needed to combat high levels of unemployment. India's unemployment rate rose to 8.1% in April compared to 7.4% the previous month, according to the Centre for Monitoring Indian Economy. The number of startups in India jumped 37% in April compared to a year ago, leading to a 14% increase in the number of jobs from startups, latest employment trends data from Foundit showed. The report highlighted that the IT services sector had that most job opportunities, and more than 50% of new startup jobs were catered toward fresh university graduates. While India's push to be self-sufficient in manufacturing and IT is giving young people more career routes and choices, more needs to be done to combat India's high youth unemployment, Garisa said.
Persons: Chandra Garisa, Garisa Organizations: Centre, Monitoring, CNBC Locations: India, Foundit
☆ India stares at high youth unemployment as hiring in its behemoth IT sector slows
  + stars: | 2024-04-04 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com   time to read: +1 min
India is facing a youth unemployment problem as a decline in white-collar jobs in its information technology sector has left many fresh graduates and young people unemployed. In the October to December period last year, unemployment in India's youth aged 20 to 24 years rose to 44.49%, from 43.65% in the previous quarter. Unemployment among 25- to 29-year-olds rose to 14.33% during the same period from 13.35% in the prior quarter, according to the Centre for Monitoring Indian Economy. "One of the largest segments that employ white-collar employees is IT and services, and hiring in the sector has slowed down quite a bit," he told CNBC. Data from Foundit showed that online hiring for both IT hardware and software sections plummeted by 18% last year from 2022.
Persons: We've, Chandra Garisa, Foundit, Garisa Organizations: Centre, Monitoring, CNBC Locations: India
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