Myth Debunking 101: ‘Leaving a job before one year can hurt your career’
Leaving jobs early can challenge traditional career paths but offers learning opportunities in emerging tech. Strategies include emphasizing skills and achievements to counter reliability doubts, ensuring successful career navigation. Key Points
Economic TimesZerodha's Nikhil Kamath says he ‘felt insecure’ about being a school dropout: ‘Parents gave up on me’
Nikhil Kamath said, “My parents had given up on me. It felt like they had lost hope.” Key Points
Hindustan TimesUS job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong
US News: US job openings in January remained elevated at 8.86 million, in line with economists' expectations. Layoffs fell modestly, but so did the number of A Key Points
Times Of IndiaWhy Tech job Interviews Became Such a Nightmare
Rising interest rates led tech companies to become more demanding of potential hires. From lowball offers to endless interviews, it's tough out there for coders seeking jobs. Key Points
WIREDEx-Google employee says losing job helped him find his true calling, lists what to do after getting laid off
A former Google employee shared how losing his job enabled him to start his own business, which was his true calling. He also shared things that people must do right after getting laid off. Key Points
India Today
Man can’t contain his joy and dances around in rain after quitting his ‘9-5 job’
A man's video of dancing in the rain after quitting his job has resonated with many people. It prompted a few to share similar stories of their own. | Trending Key Points
Hindustan TimesBudget 2024: 'After PLI, jobs-linked schemes need of the hour'
Interim Budget: Experts suggest that the government should introduce employment-linked incentives in the upcoming interim budget to promote job creation and formalization. They recommend providing tax breaks or subsidies to small and medium-sized enterprises (SMEs) for hiring workers from marginalized communities to address social inequality. Key Points
Economic TimesAbout 88% of professionals in India are considering a new job in 2024: LinkedIn
Nearly 88% of professionals in India are considering a new job in 2024, an increase of 4% from last year, showing a shift in attitude towards career growth. job search activity on LinkedIn increased by 9% as compared to last year. Better work-life balance and higher wages are the biggest motivators for changing jobs. Professionals are also looking for opportunities outside their industry or role. Key Points
Economic TimesAre you looking for a new job? 5 steps to follow to find a job this year
Looking for a job is a full-time task, not a hobby. Unless you make it a priority and invest time and effort, you will not be competitive. Your chances of success depend on getting into the right mindset and stepping out of your comfort zone. Here is how to strategise to get a new job in 2024. Key Points
Economic TimesOverseas job recruitment agents cannot charge more than Rs 30,000: Govt
The Ministry of External Affairs (MEA) has cautioned Indians seeking a job offer abroad to not overpay service fee to overseas recruitment agents. This is because it was noticed that individuals were paying money to the tune of Rs 2 to 5 lakh for overseas job offers. Key Points
Economic Times
Class of 2024: The sectors and job roles that will rule the year ahead
It is no secret that the idea of going to college for most people is to find a job. But that is a vague goal. Your aim becomes sharper only when you narrow the search by using parameters such as skill sets, requirements, remuneration and growth prospects, among others. Key Points
Economic TimesWoman loses Rs 3.37 lakh in a part time job scam, here is what happened
A woman became the target of an online job scam, resulting in a financial loss exceeding Rs 3.37 lakh. The victim initially applied for what she believed was a legitimate part-time job, only to be seized in a web of deceit arranged by an individual identifying himself as Niwas Paskar. Key Points
India TodayOver 7.43 lakh MGNREGA 'fake job cards' deleted in 2022-23, highest in UP
Uttar Pradesh accounted for the highest number of deletions on account of job cards being fake. As many as 67,937 fake job cards were deleted in Uttar Pradesh in 2021-23 and the number increased to 2,96,464 in 2022-23. Odisha came second with 1,14,333 job cards being deleted in 2022-23 and 50,817 in 2021-22. In Madhya Pradesh, 27,859 fake job cards were deleted in the last fiscal and 95,209 in 2021-22. The corresponding figures for Bihar was 80,203 and 27,062. In Jharkhand, 70,673 job cards were deleted in 2022-23 and 23,528 the previous year. Key Points
Economic TimesWall Street bosses turn to AI for appraisals
That's according to Workday, one of the world's largest providers of HR software. The firm in September rolled out a bevy of new products that rely on artificial intelligence to write job descriptions or aid managers in writing up annual reviews of workers' performance. Key Points
Economic TimesWoman left a 6-figure job to make finance videos on TikTok, now earns in millions
Vivian Tu, a 29-year-old former Wall Street professional, left her high-paying job to become a finance influencer on TikTok. She is now earning millions. Here is what happened. Key Points
India Today
Pune man undergoes full medical check up before joining date, ends up losing Rs 24 lakh
In a new case of online scam, a man from Pune loses Rs 24 lakh after falling prey to a sophisticated employment scam. Despite the victim conducting a full body check-up and completing other joining formalities, the job offer turned out to be fraudulent. Key Points
India TodayThis AI Bot Fills Out job Applications for You While You Sleep
AI-powered services like LazyApply zip through the grunt work of job applications, helping one programmer apply for 5,000 jobs. But they can make mistakes, and some recruiters scorn the technology. Key Points
WIREDUS employers tighten hands adding 1,50,000 jobs in October, unemployment rate rises
The employers in the US tightened their hand as the US Fed decided to keep the benchmark rates unchanged 5.25%-5.50% range, with no signs of reductions.The US unemployment rate increased from 3.8% to 3.9% in October Key Points
mintUS job openings remain elevated in September
In September, U.S. job openings increased, indicating ongoing labor market tightness, which is supporting the economy and is likely to keep interest rates elevated for an extended period. job openings rose by 56,000 to reach 9.553 million at the end of September, according to the Labor Department's job Openings and Labor Turnover Survey (JOLTS) report. This data suggests sustained labor demand. Key Points
Economic TimesThis is how you should deal with layoffs during job search
Layoffs have become a common occurrence, particularly in the tech industry. However, it is crucial to begin the job hunt with a personalised approach, examining transferable skills, and devising a list of potential companies and roles accordingly. The interview stage must tackle the why laid off question professionally and honestly. Despite the impact of layoffs, it is feasible to consider freelance work or entrepreneurship. Key Points
Economic Times
job Hunting Sucks. This Programmer Filled Out 250 Applications to Find Out Why
Shikhar Sachdev wanted to reveal what made the process so draining—so he spent 11 hours filling applications. Now he has tips for both job seekers and hiring managers. Key Points
WIREDOnline job portals versus networking: Which is more effective for early career professionals?
Online job portals and professional networks are popular channels for job seekers. job portals offer access to numerous job opportunities, resources, and connections. They serve as networking hubs, connecting job seekers with employers. Networking and referrals are considered fast ways to get hired, as they prevent resumes from getting lost and build confidence with hiring managers. job portals leverage artificial intelligence and machine learning to analyze job postings, identify scams, and match candidates with suitable opportunities. Key Points
Economic Timesjob Hunting Sucks. This Programmer Filled Out 250 Applications to Find Out Why
Shikhar Sachdev wanted to reveal what made the process so draining—so he spent 11 hours filling applications. Now he has tips for both job seekers and hiring managers. Key Points
WIREDFinding a Tech job Is Still a Nightmare
Tech companies have laid off more than 400,000 people in the last two years. Competition for the jobs that remain is getting more and more desperate. Key Points
WIREDWoman accepts part-time job for rating hotels, ends up losing Rs 16 lakh
The victim received a message in a messaging app to rate hotels online. When she accepted the offer she was duped into making multiple investments, from which she was unable to recover any funds. Key Points
India Today
Have you heard about 'ghost job' listings? This rising trend is hurting job seekers
Jobseekers in the US are increasingly frustrated by being ghosted by employers who have no intention of filling job openings, according to Revelio Labs. The workforce intelligence firm found that reported incidences of ghosting have doubled in many industries compared to pre-pandemic levels. This has led to skepticism towards the government's job Openings and Labor Turnover Survey, which is seen as evidence of a tight labor market. The average job posting is now only half as likely to result in a new hire compared to before the pandemic. Key Points
Economic TimesIs it bad to change jobs frequently? Here’s what you should know
Job-hopping can have both positive and negative impacts on a person's career trajectory. Ashish Massey, a corporate chef, shares his experience of frequent job changes after the Covid outbreak disrupted his professional life. He found that these jumps led to favorable outcomes and increased his growth prospects. However, he also warns about the loss of credibility that can occur with frequent job changes and advises finding the right balance between job-clinging and job-hopping. Key Points
Economic TimesWant to be a content creator or influencer? There's never been a better time to be in India
In the digital age, where brands rely on digital platforms to communicate and engage with consumers, the roles of influencers and content creators have evolved beyond mere jobs. They now offer avenues for creative expression and far-reaching impact. This is reflected in the job market, with increasing postings and clicks related to these roles. Key Points
Economic TimesThis is how you should deal with layoffs during job search
Layoffs have become a common occurrence, particularly in the tech industry. However, it is crucial to begin the job hunt with a personalised approach, examining transferable skills, and devising a list of potential companies and roles accordingly. The interview stage must tackle the why laid off question professionally and honestly. Despite the impact of layoffs, it is feasible to consider freelance work or entrepreneurship. Key Points
Economic TimesUS unemployment dips to 3.5% as companies add 187,000 jobs in July
US job market resilient, unemployment rate dips to 3.5%, 187,000 jobs added in July. Fed raises interest rates. Key Points
mint
Four questions you need to ask yourself before resigning
Before impulsively resigning from your job, it's better to consider the consequences and have smart survival strategies in place. Understanding the root cause of your decision to resign and asking yourself a few smart questions can help you make a wise call. You should assess whether staying is an option or quitting is necessary, whether the new job will solve your concerns, whether you can financially afford to leave your job, and whether it's the right time to quit. Key Points
Economic TimesSix non-negotiable benefits you should negotiate for before accepting your offer letter
When negotiating a job offer, it is important to consider all employee benefits besides the salary, such as work-from-home arrangements and flexible schedules, more paid leave, broader health insurance coverage, stock ownership, and a more meaningful job title. A hybrid remote and office work model is now popular, and instead of following a conventional schedule, flexible ones may be arranged. Key Points
Economic TimesServing your notice period gracefully can land you a better job opportunity
Resigning from your job does not mean you can slack off during your notice period. In fact, it is important to maintain productivity levels, show gratitude towards your employer and inform colleagues and clients. It is also crucial not to take any company belongings and not to brag about your new job. Instead, finish your tasks on time and help the person taking your position understand their duties. Key Points
Economic TimesTop five job portals you can rely on to get a job offer
With the vast number of job search engines available today, it can be difficult to find the right one to aid your job search. However, LinkedIn, with its networking capabilities and authentic recruiters, Indeed with its user-friendly interface and helpful articles, Naukri with its salary search tool among other features, Shine with its use of AI and machine learning to match candidates with appropriate job openings etc. Key Points
Economic TimesOpenAI's head of trust and safety steps down
OpenAI's head of trust and safety Dave Willner is leaving the company, he said in a LinkedIn post on Friday, citing the pressures of the job on his family life and saying he would be available for advisory work. Key Points
Reuters
‘Work from anywhere’ jobs draw record demand as summer travel heats up
Summer travel has surged after three pandemic years. That red-hot demand has shown up in job seekers preferences, as thousands search for work that allows them to take long-awaited trips without spending all their paid time off. Key Points
Economic TimesBengaluru CEO gets 3,000 resumes in 48 hours, asks 'how bad is job market?'
Start-up CEO Kartik Mandaville expressed shock after receiving 3,000 job applications in 48 hours, with a total of 12,500+ applications so far. The job postings were only provided on the company website. Key Points
mint'How bad is the job market?': Bengaluru CEO shocked to see 3,000 resumes in 48 hours
Mandaville took to Twitter to express his shock and wonder at the condition of the current job market. He said that he was "blown away" by the number of applications he received. Key Points
Business TodayFake job alert! Check out these signs to spot a fake recruiter
The rise of remote working has led to an increase in fake job postings online which have scammed 30,000 people out of INR200 crore ($27m), according to The Times of India. To avoid being scammed, job seekers should be wary of job offers that come out of nowhere, the lack of a reputable company website, grammatical errors and typos in the job post, the lack of education or experience requirements, and the caller demanding money or personal financial details from the job applicant. Key Points
Economic TimesPros and cons of returning to your old job
Boomeranging - returning to a former employer - is becoming a common practice, with such employees comprising 4.3% of all job switches in 2021, says a report by LinkedIn. But before going back, consider possible pros and cons. Returning to a company with advanced technology, improved culture, and employee-friendly policies can offer personal growth and a higher salary. Rejoining old team members and familiar systems in a welcoming environment can ease the transition. Key Points
Economic Times
U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market
U.S. job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient in the face of sharply higher interest rates. Key Points
The Economic TimesWhy some workers are stuck struggling in job-market limbo
The current wave of layoffs has left swaths of employees out of work. But workers in some job functions may be facing a particularly uncertain future. Key Points
BBCEarn a full-time job offer from your internship by following these tricks
Summer internships offer the opportunity to gain work experience and build professional relationships. Studies show that 70% of companies offer full-time job proposals to their interns. To increase your chances of securing a permanent role, understand the company and its business, express enthusiasm and take initiative, ask questions and stay curious, follow workplace etiquette, and focus on networking. Working hard and consistently, embracing professionalism, and clearly expressing ideas are also important to impress employers. Key Points
Economic TimesWoman loses more than Rs 7 lakh after receiving fake job offer, approached by scammers on Telegram
A Kerala-based woman lost more than Rs 7 lakh when she tried to earn some money by working from home. She had received the fake job offer via Telegram. Key Points
India TodayWhy unemployed workers are so burnt out
In the wake of layoffs, many workers are searching for new roles. The process can be arduous and take a toll. Key Points
BBC
Canada unemployment rises for first time in nine months
The net job losses came as a surprise, after robust employment gains in recent months. Since last September about 400,000 new jobs had been created. | World News Key Points
Hindustan TimesOpenAI Engineer reveals a secret tip to land a job at the AI tech company
OpenAI CEO Sam Altman and his team visited IIIT Delhi on Thursday. During the visit, an AI Engineer shared a secret tip to get a job at the AI tech company. Key Points
India TodayLaid off Microsoft employee didn't get a job after applying for 250 roles, attending 57 recruiter calls
Nicholas Knowlton has been searching for a job for the past two months, ever since Microsoft announced the layoffs. He revealed on LinkedIn that he has applied for more than 250 roles and attended 57 recruiter calls, but he hasn’t secured a job offer yet. Key Points
India TodayFrom copywriter to dog walker: How ChatGPT's rise led woman to change career path
AI tool ChatGPT has caused concern about job security, with some fearing replacement by AI in their professions. A copywriter claimed she was replaced by ChatGPT at a tech startup, leading her to leave the corporate world entirely and become a dog walker. Key Points
mintFake job offers being created to cheat job seekers on Linkedin, here is how to stay safe
Another common scam is LinkedIn phishing. In this scheme, scammers impersonate well-known companies or professionals using fake profiles. Key Points
India Today
Shopify employee recalls losing job at 20 weeks pregnant, says not knowing what is next is scary but wonderful
A former Shopify employee recalled losing her job at 20 weeks pregnant and shared her experience on LinkedIn. She wrote that not knowing what will happen next is 'scary but wonderful'. Key Points
India TodayUS adds a solid 253,000 jobs despite Fed's rate hikes
Despite rising interest rates, high inflation, and a banking crisis, America added 253,000 jobs in April, according to the Labor Department. The unemployment rate fell to 3.4%, a 54-year low, but this was partly due to 43,000 people leaving the labor force. Wage growth last month was at its fastest pace since July, which could be a concern for inflation. Although job gains were solid in April, they were much weaker than previously estimated in February and March, which were downgraded by 149,000. Labour force participation remained at 62.6%, unchanged from March. Key Points
Economic TimesUS layoffs rise to highest in over 2 years, job openings in March dip to 9.6 million
US job openings fell to 9.6 million in March, the lowest level in almost two years. Layoffs rose to 1.8 million, the highest since December 2020, while the number of Americans quitting jobs dropped to 3.9 million, the lowest since May 2021. The Federal Reserve increased its benchmark interest rate nine times over the past year to mitigate inflation. The US job market was historically strong, but the higher interest rates are causing the market to lose momentum. Key Points
Economic TimesInfosys techie quits job to become a farmer in Japan, earns double of his salary
A 27-year-old man from Tamil Nadu quit his job and became a Brinjal farmer in Japan. He ended up making double of what he made at his corporate job. Key Points
India TodayEx-Meta employee recalls losing job at 30 weeks pregnant, appeared for interviews until a week before delivery
A former Meta employee recalled how she lost her job at the tech giant when she was 30 weeks pregnant. The woman revealed that she was on H1B visa and appeared for job interviews until a week before giving birth to her child. Key Points
India Today
Scammer pretending to be HR from Amazon steals Rs 3.42 lakh from job seeker in Mumbai
The man was looking for a part time job when he saw a job opportunity offer on social media. he contacted on the person who intrdcued her self as Amazon Hiring manager and asked him to do certain tasks to earn extra money. Key Points
India TodayWoman loses Rs 7.23 lakh after clicking on link with part-time job offer, here is what happened
A woman based in Mumbai was duped of Rs 7.23 lakh after trying to get a part-time job. She got a message on her phone that promised her she could earn money by subscribing to YouTube channels. Key Points
India TodayFake job scam alert! Amazon HR imposter steals ₹3.42 lakh in Mumbai. Here’s what happened
This was the case for a man from Mumbai who was recently duped out of around 4 lakhs while looking for a part-time job to earn some extra money. As per a report by the Indian Express, a man aged 33 and employed at a firm based in Andheri, Mumbai, fell for a job scam. Key Points
mintScammer pretending to be HR from Amazon steals Rs 3.42 from job seeker in Mumbai
The man was looking for a part time job when he saw a job opportunity offer on social media. he contacted on the person who intrdcued her self as Amazon Hiring manager and asked him to do certain tasks to earn extra money. Key Points
India Today