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Showing posts from April, 2018
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Unemployment Rate in India: Nearly 31 million Indians are Jobless The number of job-seeking people in India has always been on a high. As per information available on the official website of the Centre for Monitoring Indian Economy (CMIE), there are currently nearly 31 million unemployed Indians looking for jobs. CMIE is a board that tracks business and economic data of the country. It was noted that in the week ended on February 25, the unemployment rate increased to 6.1 per cent as compared to 5 per cent in January. This 6.1 per cent unemployment rate is noted to be the highest monthly rate in the past 15 months. The numbers went as low as 3.4 per cent in July 2017, unemployment rates have been increasing gradually, the CMIE data further confirmed. While the government claims that the unemployment rate in the country is falling, this data reveals an altogether different story. The table below shows the month-wise fluctuation rate in unemployment throughout India: ...
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How to Spot a Bad Recruitment Agency During the tough times of an economic downturn, when unemployment numbers skyrocket, job seekers need all the support and guidance they can get. Unfortunately, it is a fertile period for bad recruitment agencies to ply their unethical tricks. However, there are some indicators of bad recruiting practice which, when known, will help you spot and avoid unscrupulous recruitment agencies with poor performance standards. Is There A Fee Involved? If your recruitment agency attempts to charge you a fee for their recruiting services warning bells should sound immediately. Recruitment agency fees are paid by the company that hires you. You should never sign a contract in which you agree to pay the recruitment agency for something your new employer should be paying for, no matter how great their spiel about a “grand scale can’t fail personalized  recruitment campaign” sounds. Is Your Consultant Less Than Well Informed? Then why are they a r...