EMPLOYMENT
Federal Reserve rate hike bets strengthen as US jobs growth beats estimates
Stronger than expected US jobs growth has revived expectations of a December Federal Reserve rate hike, with employers adding 165,000 jobs in October against estimates of 65,000. The unemployment rate fell to 4.1%, while markets raised the probability of a quarter point hike to 85% and brought forward expectations of another increase.
US employers added a surprising 165,000 jobs in October; unemployment rate dipped to 4.1%
US employers added 165,000 jobs last month, surpassing economists' expectations and bringing the unemployment rate down to 4.1%. The Labor Department also revised previous months' job figures upwards, indicating stronger hiring trends.
Pro Kannada outfit meets Bengaluru airport firms, presses for higher local hiring
Kannada Rakshana Vedike held discussions to address local hiring concerns with companies at Kempegowda International Airport. KRV president T.A. Narayana Gowda emphasised the need for fair employment opportunities for Kannadigas. Several organisations participated in the meeting and expressed commitment to increase local hiring. Chief Minister DK Shivakumar encouraged private employers to utilise Karnataka's talent pool more effectively. The organisation plans further outreach to enhance employment for locals in various sectors.
Bayer signs MoU with Karnataka government for ₹200 crore manufactuing facility near Bengaluru
Bayer Science and Innovation signed a Memorandum of Understanding with the Karnataka government to establish a manufacturing facility. The investment is worth ₹200 crore and is expected to create around 220 jobs. The agreement was signed in the presence of Large and Medium Industries Minister M. B. Patil. Bayer intends to break ground before the Global Investor's Meet scheduled for April 2027.
Lithuania changes residence permit rules, creating fresh hurdles for Indian workers and students
In a move to tighten immigration control, Lithuania has established new residence permit rules that pose challenges for foreign nationals, especially from India. This shift affects Indian workers and students looking for work or study opportunities within the country. Particular visa types will now encounter more scrutiny, necessitating that employers assess the eligibility of candidates accurately.
West Bengal's new investment policy wins industry praise for jobs, innovation and ease of doing business
Mehul Mohanka, Chairman, CII Eastern Region said, "The policy is a progressive and forward-looking framework that reinforces the State’s commitment to industrial growth and advanced manufacturing and sends a strong signal to investors.”
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Jai Balaji Group plans Rs 6000 crore investment in West Bengal for steel and renewable energy sectors
Jai Balaji Group has announced an investment proposal of around Rs 6,000 crore in West Bengal. This investment focuses on specialized steel for railways, defense and aerospace applications, along with renewable energy initiatives. The expansion is expected to create over 20,000 employment opportunities in the region. Additionally, the company aims to enhance its production capabilities in precision engineering and specialized copper products.
Karnataka: At IKEA store launch, Shivakumar seeks more jobs for Kannadigas
Chief Minister DK Shivakumar inaugurated IKEA's second store in Bengaluru, urging the company to prioritize local hiring. He emphasized the need for greater employment opportunities for Kannadigas within the private sector. Additionally, Shivakumar encouraged IKEA to strengthen ties with Karnataka's small and medium enterprises for sourcing furniture.
West Bengal investment policy puts jobs first, offers up to 120% assistance to industries
West Bengal has launched a new investment promotion policy aimed at encouraging industrial growth and job creation. The policy includes substantial incentives for businesses, especially those focused on employing women and transgender workers. It offers streamlined processes for approvals and payments, enhancing efficiency for investors. Priority areas will receive higher assistance levels and a framework for regular review every three years.
Oman tightens expat worker recruitment rules from January 2027; agencies must provide insurance, refunds
Effective January 1, 2027, Oman is set to enforce new, tougher rules for hiring expatriate workers, which will necessitate insurance coverage and adherence to recruitment timelines. Recruitment agencies will shoulder increased financial duties, including the possibility of refunds for employers.
US green card backlog crosses 15.6 lakh, with over 2.68 lakh employment-based cases pending
The backlog of US green card applications has surged past 1.5 million, with family-based cases leading the way. Recent data reveals concerning trends in application approvals and processing times, particularly for employment-based and refugee categories. The significant delays highlight the challenges faced by many immigrants, especially those from India, navigating the complex path to permanent residency.
Just 3.6% of factories drive 62% of India's manufacturing output, survey shows
India's manufacturing sector shows a significant concentration of output in large factories generating over Rs 500 crore. While these plants represent only 3.6% of operational units, they account for over 62% of total manufacturing output. Smaller factories with output up to Rs 10 crore, in contrast, represent the majority of operational units but contribute minimally to output.
Gold rises after biggest daily gain since August, with US payrolls in focus
On Thursday, gold prices increased partially due to a declining US dollar, building on a strong daily surge prior. Spot gold's elevation followed reactions to the US midterm elections while investors eyed potential shifts in policy. Anticipation about the forthcoming non-farm payrolls report could influence Federal Reserve decisions, with Citi predicting a rise in gold should geopolitical tensions reduce.
Big factories dominate India's manufacturing output, Annual Survey of Industries shows
India's manufacturing sector is characterised by a significant concentration in large factories generating substantial output. Factories producing over ₹500 crore contribute to more than three-fifths of total value added. Smaller factories represent a large number but have minimal output and value contribution.
Sentiment boost for students chasing the American dream as election verdict could temper Trump’s immigration agenda
The recent midterm elections in the United States have raised hopes for Indian students aspiring to study there. Experts believe that while the electoral outcome may boost sentiments, policies regarding immigration are unlikely to change immediately. Existing visa restrictions and uncertainties pose challenges for prospective students as they transition to employment. The Democrats can potentially mitigate any further restrictive immigration measures through their Congressional control.
Four UK universities in India offer early recruitment access to 250 postgraduate students graduating in 2027
Four UK universities operating campuses in India are scheduling a placement week for postgraduate student recruitment. This initiative allows employers to interview candidates before graduation and streamline hiring processes. Students participating have an average of 2.4 to three years of work experience across multiple industries.
Digital recruitment is creating a new cybersecurity risk for employers
Online hiring has made it easier for companies to reach candidates across locations, but it has also exposed recruitment processes to identity fraud, manipulated assessments and misuse of personal information. HR teams are increasingly responsible for protecting the integrity and security of the hiring process.
'How many sins will BJP commit in Ram's name': Congress flags VB G RAM G 'fake attendance' cases
Congress general secretary Jairam Ramesh has raised concerns about fake attendance issues in the VB-G RAM G scheme. He highlighted previous instances of fraud in Gorakhpur and recent cases in Sant Kabir Nagar district. Ramesh accused the BJP of undermining employment rights while invoking Lord Ram's name. He referred to fraudulent practices as corrupt and a betrayal of trust.
New pact struck to support employability, aspirations of Indian students in UK
NISAU UK and London Metropolitan University have formed a partnership to support Indian students’ educational experiences. The collaboration aims to connect students' learning outcomes to employment opportunities in both the UK and India. Through the triple helix model, the initiative will involve universities, employers, and policymakers to enhance student journeys. This engagement aligns with the India-UK Comprehensive Economic and Trade Agreement and Vision 2035.
Kannada activists visit Bengaluru IT firms, seek data on local hiring
Kannada activists are actively engaging with IT firms in Bengaluru regarding local employment statistics and hiring practices. They are gathering information about the number of Kannadigas employed and recruitment trends in these companies. The activist group plans to protest if companies refuse to share this requested information. Chief Minister DK Shivakumar has stated the government will investigate complaints about local hiring discrimination.
FUEL SkillTech, KDEM train 568 Karnataka students in AI, coding and employability skills
FUEL SkillTech University has trained 568 students across three Karnataka institutions under the NIPUNA Karnataka initiative, run in association with the state government and the Karnataka Digital Economy Mission (KDEM).
Karnataka to mandate display of state flag at private firms amid local jobs row
Karnataka's Chief Minister DK Shivakumar announced a mandatory flag hoisting for private firms this month. This decision arises from issues regarding local employment in IT and manufacturing sectors. Pro-Kannada group KRV will collect data on Kannadiga employment in companies statewide. Complaints of discriminatory hiring practices have recently drawn attention and are being addressed by the government.
Thinking of moving for a better job? These 10 US states offer the strongest employment opportunities in 2026
Best and worst states for jobs in the US: Moving to another state for work can be a big decision. A higher salary may look attractive, but job security, living costs, employee benefits and daily travel also matter. A new WalletHub study has compared all 50 US states to find out where workers have the best and worst employment opportunities in 2026.
Has EPFO extended ECR filing deadline from October 31, 2026? What employers need to know
Employers must file the Electronic Challan-cum-Return for September 2026 by October 31, 2026. The EPFO extended the previous deadline to accommodate changes in contribution calculations due to the new wage ceiling. For the period of September 1 to 16, contributions are calculated at Rs 15,000, while from September 17 onward, they will be at Rs 25,000.
Karnataka: CM Shivakumar asks pro-Kannada groups to stay away from IT firms, promises action on hiring bias
Chief Minister DK Shivakumar urged pro-Kannada organizations to avoid taking matters into their own hands amid recruitment concerns. Reports claimed that local candidates in Bengaluru are often overlooked by technology companies in hiring processes. The government will investigate allegations of discrimination against native Kannada speakers in the tech industry. Previous proposals for job quotas have sparked controversy, highlighting tensions between local employment and industry interests.
Not Just AI: How soft skills are becoming key to getting hired
As artificial intelligence transforms workplaces, the significance of soft skills is on the rise. Key skills like communication, critical thinking, and teamwork are essential for job seekers. Universities must adapt by creating experiential learning experiences that foster these abilities. Students can enhance their employability through group projects and internships, ensuring a well-rounded skill set that combines technical acumen with interpersonal strengths.
Gig workers get a seat at the table as Centre notifies social security boards
The Ministry of Labour and Employment has notified the National Social Security Board for unorganised workers and gig workers. This board will enable the implementation of welfare schemes designed to address social security gaps. It will include representatives from government, companies, and civil society to ensure diverse input. The board is expected to meet regularly to discuss policies affecting these workers.
Canada tightens immigration rules, imposes fines of up to CAD 1.5 million: What it means for employers and applicants
Canada has established new penalties for unauthorized immigration and citizenship advice, which will come into effect in 2026. Individuals providing paid immigration services must have proper authorization to avoid financial penalties. The penalties will range from CAD 5,000 for unauthorized advice to CAD 1.5 million for serious violations. Employers and applicants are advised to verify representative credentials and accuracy of information submitted.
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