Iit jobs articles

  • "A Lack Of Job Security": White-Collar Job Growth Stalls Hard

    "A Lack Of Job Security": White-Collar Job Growth Stalls Hard While hiring rates for those in the bottom-third of US income distribution has been on a tear (and largely going to part time workers, most of whom are illegal immigrants), white collar jobs hiring is stalling out across much of the US, with industries such as finance, technology, media, and professional services such as law and accounting all suffering despite the national unemployment rate hovering near historic lows. ...

  • job cuts: Top IT companies cut over 72,000 jobs in FY24

    Once known for hiring hundreds of thousands every year, five of India’s top six information technology services companies reported a reduction of 73,600 in their total headcount in the last fiscal yearHCLTech, the third largest, was the only exception among the top six, as it added 1,537 employees in the year ended March 31, even as Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and LTIMindtree reported a fall in their headcount. After accounting for the addition at HCLTech, the...

  • Jobs report: U.S. economy adds 175,000 new jobs in April, below forecast

    A big surprise in the April jobs report was a paltry 5,000 increase in leisure and hospitality jobs. With Americans traveling a ton and going out to eat more than ever, hotels and restaurants have been hiring throngs of people. Job gains have averaged 55,000 a month in the past two years. Not so i