Saudisation: 800 telecom shops shut down
However, lack of local talent is leading to flouting of rules...
Tag : jobs
Africa’s youth bulge
Many analysts expect significant growth opportunities in the continent, which has the largest youth population in the world Benita James December 21, 2016: Africa’s demography is showing a visible shift and many analysts have reason to believe that the continent has the largest youth population in the world. A young population is generally considered as...
Employment grows in the US
Businesses added 175,000 jobs to the US economy in October IFM Correspondent November 4, 2016: US employers hired more workers in October and also hiked the wages of existing workers. Businesses added 175,000 jobs to the US economy in October and 156,000 jobs in September, while the unemployment rate ticked up to 5%. “The expected...
IMF cuts its global growth
Predicts increase in uncertainty after Brexit IFM Correspondent July 20, 2016: Keeping a close eye on Brexit and its anticipated impact, the International Monetary Fund (IMF) has cut its global growth forecasts for the next two years. The move included a nearly full percentage point reduction in the UK’s 2017 growth forecast. Cutting its World...
Brexit presents big opportunities for the UK
It will now be able to embrace more market-friendly policies Suparna Goswami Bhattacharya July 13, 2016: While many of us would like to believe that the UK is in a mess, thanks to Brexit, what we all tend to ignore is the upside opportunities that Britain will now have. There are legitimate reasons to believe that...
50% of oil & gas companies in UK cut jobs
One-third of companies plan further lay-offs this year, says a report IFM Correspondent June 7, 2016: About 50% of all oil and gas companies in the UK were forced to cut jobs in the past 12 months, says a recent report. The Bank of Scotland/Lloyds Banking Group surveyed 141 companies in the sector. The report...
Saudi Arabia gets its first women business park
Aim is to create 21,000 jobs by 2025 IFM Correspondent May 18, 2016: With the aim of encouraging women to come forward and contribute to the Kingdom’s growth, Saudi Arabia has launched its first women’s business park in Riyadh. The park is expected to create about 21,000 jobs by 2025. It will serve as an...
Challenges of Saudisation
To meet demand from industries, the Saudi government is opening colleges and universities to foster skill development among its youth Suparna Goswami Bhattacharya July 13, 2015: For decades now, Saudi Arabia has managed to attract talented expats from around the world. The region, in fact, became a favourite destination for those looking to work outside...
Web posts can make or break your career
Recruiters are increasingly gauging the suitability of candidates by looking up their posts on social media Suparna Goswami Bhattacharya May 7, 2015: That LinkedIn and Facebook are used by companies to hunt for the right candidate is well known. But now more and more firms are going beyond and using other social media platforms, like...
More than half of all professionals worldwide are already using LinkedIn
Interview with Nishant Rao, managing director, LinkedIn India Suparna Goswami Bhattacharya December 2,2014: Since establishing itself 11 years ago, the journey for LinkedIn has been nothing short of a dream. Though US and India continue to be the largest markets for the business-oriented social networking site, it continues to explore other emerging economies. This year, it...