by admin | May 25, 2021 | News, Politics
New Delhi : Former Union Minister P. Chidambaram on Monday took a dig at the BJP for promising statues and temples ahead of the 2019 Lok Sabha elections, after failing to fulfil its earlier poll promises of development and jobs.
“At the beginning of five years, the promise is for development, jobs and money in every citizen’s bank account,” the Congress veteran tweeted.
“Nothing achieved, at the end of five years, the new promise is for grand temples, giant statues and doles,” he said as he reminded Prime Minister Narendra Modi of his earlier promises of vikas (development), providing two crore jobs annually and bringing back black money stashed in foreign tax havens and filling up the poor man’s coffer with Rs 15 lakh each.
Chidambaram’s latest jibe at the ruling Bharatiya Janata Party comes at a time when the saffron brigade has been raising the pitch for the construction of a grand Ram temple in Ayodhya.
—IANS
by admin | May 25, 2021 | Corporate Jobs, Employment, Markets, Private Jobs, Technology
New Delhi : As India pushes its boundaries towards achieving digital growth, a new report said on Tuesday that over 50,000 positions in the fields of data science and Machine Learning (ML) are vacant in the country owing to a lack of skilled workforce.
A state of the industry report by leading ed-tech platform Great Learning found that despite the number of job postings and job seeker interest for data scientist reaching an all-time high in 2017, there are no skilled professionals around.
“The job market in this space is heavily tilted towards job seekers, with twice the number of jobs than available talent,” said the report based on a study of 28,000 participants across 3,000 organisations in the country.
“With more and more jobs increasingly becoming data driven, the need of the hour is for professionals to upskill themselves to stay relevant,” said Hari Krishnan Nair, Co-founder, Great Learning.
“Over the past one year, we have seen heightened interest from companies across IT, BFSI and telecom for professionals in data science,” he added.
Companies like Edelweiss, Verizon and TCS have recruited several students from Great Learning for various roles in Machine Learning and data science in the last six months.
According to Gartner, out of 10 lakh registered companies in India, 75 per cent have invested or are going to invest in ML and data science.
When it comes to the demand for professionals in this space, banking and financial services lead the pack having created almost 44 per cent of jobs in the domain.
According to the report, skills in Cloud, Big Data Analytics, Machine Learning and Artificial Intelligence (AI) are going to be critical for data science professionals to grab the available jobs.
A similar study last year by online analytics training institute Edvancer found that nearly 50,000 job vacancies related to analytics are currently available in India.
—IANS
by admin | May 25, 2021 | Employment, Overseas, Private Jobs, World
Washington : The United States’ headline unemployment rate dropped to 3.9 per cent in July, a month in which nonfarm payrolls in the world’s largest economy rose by 157,000, the Labour Department said on Friday.
The US economy remains close to full employment even though the number of jobs added last month was below the 195,000 forecast by economists, Efe reported.
US employment has risen for 94 consecutive months, the longest jobs-expansion streak on record.
The unemployment rate has now dipped below 4 percent for the third time this year.
The jobless rate unexpectedly climbed to 4 percent in June – up from 3.8 per cent in May, the lowest level since 2000 – mainly because more people were actively looking for work.
Average hourly wages for all employees on private nonfarm payrolls rose in July by $0.07 to $27.05; average hourly earnings climbed 2.7 percent relative to July 2017, and economists expect labour costs to keep rising.
The US labour force participation rate (the share of the population 16 years and older either working or seeking work), which peaked at 67.1 percent in 2000, remained unchanged from the previous month at 62.9 percent.
“The unemployment rate edged down to 3.9 per cent. This is only the eighth time that the monthly unemployment rate has fallen below 4.0 per cent since 1970, and three of those months happened under President (Donald) Trump in 2018,” US Labour Secretary Alexander Acosta said in a statement on the July jobs report.
“There is a record 156 million people in the labour force. Since President Trump’s election, more than 1 million prime-age people joined or rejoined the labor force. For the second consecutive month, the unemployment rate for Hispanics reached a record low,” the statement added.
Following this latest solid jobs report, it remains likely that the US Federal Reserve will hike interest rates two more times in 2018.
The Fed has already raised its federal-funds rate twice this year, with that benchmark rate currently set at a range of between 1.75 per cent and 2 per cent.
—IANS
by admin | May 25, 2021 | Corporate Jobs, Employment, Government Jobs, News, Overseas, Politics, Private Jobs
Tripura Governor Tathagata Roy
Agartala : People who flee their countries due to genuine fear of persecution are refugees while those entering another country in search of employment or economic opportunities are infiltrators, the Tripura Governor said on Tuesday.
In a series of tweets on the National Register of Citizens (NRC) draft in Assam, Tathagata Roy said: “Only those who flee their countries because of genuine fear of persecution because of religion, ethnicity, political belief are refugees. People entering another country in search of employment or economic opportunities are not refugees. They are infiltrators.”
Roy, who came here on Tuesday evening from Kolkata, also said that those howling about the exclusion of people from the Assam NRC were advised to read the definition of the word ‘refugee’ given by UNHCR.
“Any old person crossing from his country to another is not a refugee.
“As per UNHCR definition, which, for some reason, is still not formally accepted by the Indian government, Hindus, Sikhs, Christians and Buddhists fleeing Bangladesh and Pakistan are refugees.
“Muslims entering India are not refugees because they faced no persecution in their home countries,” said Roy, a former President of the Bharatiya Janata Party in West Bengal.
Over 40 lakh of the 3.29 crore applicants have been excluded from Assam’s draft NRC released on Monday, sparking concerns about their future.
—IANS
by admin | May 25, 2021 | Corporate Jobs, Employment, Marketing Basics, Markets, Online Marketing, Social Media, Technology, World
By Barry Ellsworth,
Trenton, Canada: Canadian Prime Minister Justin Trudeau and Amazon jointly announced Monday that the online retailing giant will add 3,000 employees to its Vancouver operation.
In addition, Amazon will build a new office tower that is expected to open in 2022.
Trudeau said at a press conference in Vancouver that Amazon chose Canada for a number of reasons, including the availability of skilled labor talent.
“There are many reasons why industry giants like Amazon choose to settle and grow in Canada,” he said.
“Our workforce is highly educated, skilled and diverse. Folks across the country are ready to take on the jobs of tomorrow and help companies like yours (Amazon) shape the future — a future where innovation drives economic growth and helps improve the lives of middle class Canadians and people working hard to join it.”
Alexandre Gagnon, vice-president of Amazon Canada and Mexico, agreed with Trudeau.
“Amazon is excited to create 3,000 more highly skilled jobs in Vancouver,” he said.
“Vancouver is home to an incredibly talented and diverse workforce, and these thousands of new employees will invent on behalf of our customers worldwide.”
The new operation will be in addition to Amazon’s 156,000-square-foot building opened in Vancouver in 2015.
Amazon, the world’s third largest retailer behind Walmart and Alibaba according to Forbes magazine in 2017, already employs more than 6,000 workers in Canada, with more than 1,000 of them researchers at the Vancouver operation.
—AA
