Despite a 3% year-on-year and 1% month-on-month decline in white-collar hiring, various sectors experienced job growth. Notably, demand surged for specific roles like drilling engineers, brand managers, and IT professionals in different cities.
Recruiters face various challenges, from malpractice fears during assessments to struggles in finding genuine talent. Leveraging automation and advanced assessment tools can alleviate anxieties, making the recruitment process more efficient for professionals.
Indian real estate employment grew to 7.1 crore in 2023, aided by housing sector expansion and government policies. Initiatives like SWAMIH Fund and RERA played vital roles, contributing to rising housing prices and sector growth prospects.
How to answer questions on Unemployment its consequences, wages issue, rural-urban joblessness and more for UPSC exams? Our expert discusses probable questions and a key issue Is AI going to be the new age cause of unemployment? Stay tuned for part 3.