![Stock Market Closing Bell on Budget 2024](https://group.teamlease.com/wp-content/uploads/2024/07/Budget-2024.jpg)
A dedicated ₹2 trillion allocation for skilling and job creation over the next five years will enhance job security and cultivate a more robust and inclusive workforce..."
Kartik Narayan
ET Now, July 23, 2024![Nasscom, India Inc flay Karnataka’s jobs-for-locals plan](https://group.teamlease.com/wp-content/uploads/2024/07/Karnataka-jobs.jpg)
“In a free market, jobs always find skills, and by restricting skilled workers it will get more difficult to attract investments...”
Balasubramanian A
Economic Times, July 22, 2024![Rising EPFO and NPS subscribers signal surge in formal jobs](https://group.teamlease.com/wp-content/uploads/2024/07/Rising-EPFO.jpg)
“The number of contributing members to PF has been growing at a CAGR of over 20 percent since 2018, whereas the overall workforce has grown at about 2 percent in the same period...”
Balasubramanian A
CXO Today, July 10, 2024![Staffing Challenges in Consumer Durables & Electronics: 57% Attrition Sparks Urgency](https://group.teamlease.com/wp-content/uploads/2024/07/Staffing-Challenges.jpg)
“Attrition is a persistent obstacle that can substantially impact an organization’s bottom line and growth prospects."
Balasubramanian A
Business News, July 05, 2024"The 'Office Peacocking' concept gained significant traction in India post-Covid, as companies sought to entice employees back to the office following the remote work shift induced by the pandemic in order to compete with the comfort of home offices..."
Kartik Narayan
PTI News, July 04, 2024“With India forecasted to be the fastest-growing G-20 economy in 2024, coupled with strong investment demand and easing inflation, the job market remains resilient in the face of global headwinds."
Kartik Narayan
News 18, June 30, 2024"This summer has been tougher than earlier years to get blue-collared workforce for the construction and infrastructure business and shifting them from many northern regions to southern and western parts of the country..."
Kartik Narayan
Mint, June 29, 2024“Nearly two out of five organisations are prioritising skills development, equipping their workforce for the technological advancements that lie ahead. The findings of our report shed light on the dynamic and optimistic hiring landscape.”
Kartik Narayan
Financial Express, June 28, 2028“Banking services including personal loan, home loan, credit cards are all rising at an impressive rate, and there will be 25% to 30% boom in hiring for white collar jobs in 2024 placements.”
Kartik Narayan
Bennett Edu, June 24, 2024"Data from the Tourism and Hospitality Skill Council (THSC) indicates that in 2023, only a fraction of available seats for hospitality management programmes were filled".
Balasubramanian A
MSN, June 21, 2024"Our target is to create 50,000 net new jobs in general staffing next year, with a focus on non-IT sectors. This growth would be particularly pronounced in tier three and tier four cities…”
Ramani Dathi
Economic Times, June 19, 2024"The expeditious enactment of labour codes and strategic measures to bridge the skills jobs gap are critical..."