The Cricket World Cup in India is expected to create up to 100,000 additional jobs and boost salaries for temp and gig workers. Recruitment services providers estimate that the demand for manpower during the tournament will range from 50,000 to 100,000 workers. Companies are witnessing a 40% increase in salaries for gig and temp workers, with a rise in demand during the World Cup and festive season. The ripple effect of the tournament includes increased demand for television sets, high-speed internet connections, and online ticket sales. The 10 host cities are experiencing a significant uptick in job opportunities and economic growth.
Compared to September 2022, staffing major Randstad saw a significant growth of around 20-25% in boomerang employees. These are individuals, who had previously worked in an organisation and had resigned within the last 24-36 months.
India lost billions of dollars in revenue as a result of discrimination against the LGBTIQ community, as per the study done by American economist M.V. Lee Badgett for the World Bank in 2013. The study suggests that homophobia cost India s GDP anything between 112 billion and 1.7 trillion rupees (USD1.9 billion to USD 30.8 billion), , LGBTQ Community, Workforce participation, gdp ratio, Inclusivity
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The demand for temporary workers in tier 2 and 3 cities in India is increasing during the festive season, driven by growing consumption and expectations of a revival in discretionary spending. Staffing firms such as Manpower, Randstad, Quess, TeamLease Services, Adecco, and Persolkelly have reported a doubling in demand compared to last year.