Businesses in India are starting to hire more and more.
In an era when job seekers in India have to prove their worth to employers and the country has seen a slowdown in economic growth, hiring is booming.
This week, India’s National Employment Guarantee Commission launched a job service to help job seekers find jobs and a government job-finding website launched on Tuesday to help companies find qualified candidates.
In the next few weeks, job-hunting services such as job portal Skyscraper are expected to be rolled out in other Indian states and cities.
India is now the second largest economy in the world behind China, according to a new report by the United Nations Office on Drugs and Crime (UNODC).
The country has the second highest unemployment rate in the developed world, according a study by the UN.
It also ranks among the world’s lowest GDP per capita.
In 2017, the government increased its support to job-seekers, but the job-creation trend is still lagging.
According to the report, the unemployment rate for job seekers aged 15-24 stood at 5.5 percent in the country, compared with 6.4 percent in 2016.
The government has been trying to increase job-seeking by investing in job-training programmes and training programmes to help people get jobs.
However, in the last two years, the jobless rate has gone up even more, reaching 6.8 percent in 2017 and 7.5% in 2018.
For the first time, India will be releasing its unemployment rate, but experts say the country is far from meeting its growth targets and job creation is still a long way off.
The UNODC said the job creation has slowed to 5.6 percent in 2021 and 7 percent in 2022.
It noted that India’s population growth was the highest in the industrialized world, but it was also the slowest in the developing world.
India’s economy has been shrinking for years.
The data showed that there was a big discrepancy in the employment-creation numbers.
In 2020, India had 1.4 million job vacancies, while in 2022, it had 1 million vacancies.
According to the United Nation, the jobs available in the private sector are only 10 percent of the jobs required in the public sector.
The number of jobs in the civil service has also declined.
It said there were more than two million vacant jobs in sectors such as health, education, civil aviation and telecom.
India’s economy contracted for two straight years in 2017, and the government is expected to announce the final figures for 2018-19, said Rajeev Singh, associate director of the Centre for Economic and Policy Research (CEPR), a think tank.
But Singh said there are no signs of slowing the job growth.
He pointed to a government survey in 2021 that found India had more than 2.3 million job openings.
“They are still struggling to fill those jobs, so it’s not like the country will be on a high trajectory for job creation in the next two years,” he said.
As more and the services start to roll out, there will be a push for job-searching services in India.
“There is a huge opportunity for companies to hire people and find suitable candidates.
There are some big players in this space in India, so there will definitely be more opportunities for them,” said Gopal Baghel, founder of job-matching website JobMatch.com.
Job-match, which started in India last year, has become a hub for job search in India with more than 1.5 million job candidates in the two-month period ending on June 30.
The company, which uses technology to match people to jobs in various industries, says its platform is the fastest-growing online platform in India and is working with government agencies, including the National Sample Survey Organisation, to help them.
It has also launched an app for job matching in the US.
The company said it had hired about 50,000 people through JobMatch, and has been growing its staff by 100,000 per month.