Category : Search result: HSBC employment report


Self-Employment Creates 35.8 Crore Jobs in India

India's self-employment sector surged from 23.9 crore to 35.8 crore jobs between FY18-FY24, driving labor force participation to 64.3%. Women lead this entrepreneurial revolution with 10.3 crore new jobs.

Karnataka MGNREGA workers face declining work days

A 2024 study reveals Karnataka's MGNREGA provides only half the guaranteed work days. As funds decline, rural workers report slipping progress in the scheme's 20th year. Learn about the challenges.

India Hiring Activity Improves in 2025, PMI Hits 53.8

India's private sector hiring gained momentum in 2025, with PMI reaching 53.8. Vedanta, KEC International report double-digit workforce growth. Explore the key drivers behind this employment surge.

Indian Firms Target Saudi Arabia for Growth: HSBC

Indian companies are increasingly looking to Saudi Arabia for expansion as global economic risks rise, according to HSBC report. Discover the key sectors driving this strategic shift.

40% of India's IT Workforce Now Uses AI Tools

India's employability rises to 56.35% with 40% of IT workers using AI. Women surpass men in job readiness for the first time. Discover how India is becoming the world's skills capital.

India Services Growth Cools in Oct, Price Pressures Ease

India's dominant services industry showed moderated expansion in October 2024, with business activity and sales growing at a slower pace, though price pressures saw significant relief according to HSBC's latest PMI data.

India Manufacturing PMI Hits 58.5 in October

India's manufacturing activity accelerated significantly in October 2024, driven by robust domestic demand and improved business conditions. The HSBC India Manufacturing PMI climbed to 58.5, marking one of the strongest growth rates in over three years.

India Manufacturing PMI Hits 16-Year High: HSBC

India's manufacturing sector hits unprecedented growth with HSBC PMI reaching 59.1 in March 2024, driven by robust new orders and business confidence. Discover how GST relief and easing inflation are powering this historic expansion.

US Ends Automatic H-1B EAD Renewals from Oct 30

US Citizenship and Immigration Services stops automatic extension of work permits for H-1B, L-1 visa holders from October 30. Thousands of Indian professionals face employment uncertainty.

Too Much Experience Hurts in Tough Job Market

Discover why experienced professionals face unexpected hurdles in India's competitive job market. Learn about the 'overqualification paradox' and strategies to navigate this challenging landscape.

India's Services Boom Masks 40M Job Crisis

India's booming services sector hides a worrying employment paradox. While 40 million new jobs are projected, only 30% will be in high-value services, creating a massive skills mismatch and threatening economic growth.

India's New Bill Protects Overseas Workers

India's groundbreaking proposed legislation aims to transform migrant worker rights, ensuring comprehensive protection and support for citizens working abroad. Learn how this bill could revolutionize overseas employment.

Amazon Fires Staff as AI Takes Over Jobs

Amazon's massive layoffs reveal how artificial intelligence is rapidly replacing human jobs across corporate America. Discover which roles are most vulnerable and what this means for the future of employment.

UPS Axes 48,000 Jobs in Major Restructuring Move

Global logistics giant UPS announces massive workforce reduction of 48,000 jobs amid Amazon business decline, Trump-era tariff impacts, and strategic profit-boosting measures. Exclusive analysis.

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