Build your professional network on facebook via our app Go to app
 
 
 

Job loss due to global recession declines, says Labour Minister.

Created by : Nikhil Jain, Senior Consultant, Hewitt Associates  | 07 31 2009 13:11:31 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : India(Markets)
Keywords : jobs recession it industry job losses economic meltdown global meltdown. global recession
Activity:  465 views;  last activity : 07 06 2010 20:18:09 +0000

The Minister of Labour Mallikarjuna Kharge said in a recent news that the Job losses which were happening due to the Global recession is on the decline these days, and reports suggest that the job losses that occured during Recession was around 50 lakh to 90 lakh these were the numbers given by Labour department officials...but then most of the users here on the platform are professionals who belong to various industries, who better to give clear picture regarding this than professionals themselves...Are Job losses on the decline due to Global recession?

  
Share
 
 
  Rate : 
 
 
Yes Vs No
1
 
 
 
 
1
1
1
Support   Support
 
0
0

According to me yes the job losses are on the decline as we are not hearing about recession or talking about recession any more these days, so with this we can come to conclusion that recession after effects are over and people are looking forward for better days ahead. The most affected were the IT industry people whcih had its professionals in a spot of bother for a year or more and lucky few had settled for less paying jobs till now, many of their plans were upstaged due to recession.

And also the recent reports by Mercer consultants one of the top consultants in the country said that the situation would be normal at the end of 2009..so surely better days ahead and the job losses are on the decline.
By Nikhil Jain, Senior Consultant, Hewitt Associates  | 07 31 2009 13:20:29 +0000
0
0

I don't think so. The economic conditions have started getting better but still people are continuing to loose their jobs in the name of Recession. Employees are still struggling to get jobs and the process of "skill increasing" is still going on. In this condition, how can we say that job losses are on decline?
By Himanshu Pathak, Sr/Principal Coresspondent, Coresspondent  | 07 31 2009 13:55:07 +0000
Argue for "Yes"
Argue for "No"
 Found the debate "Job loss due to global recession declines, says Labour Minister. "  interesting ?  Suggest to your connections and communities  
Join Distance Education Courses Management
  • Create a confidential Career Profile and Resume/C.V. online
  • Get advice for planning their career and for marketing of experience and skills
  • Maximize awareness of and access to the best career opportunities
Viewers also viewed
I have noticed that youngsters these days are less interested in regular jobs and more...
 
2360 referals 25 arguments, 779 views
It seems very funny one has to do engineering then he/she has to work in a bank or other related...
 
1283 referals 86 arguments, 8373 views
I want to know that if I am a company which can take help of any one job portal due to financial...
 
3 referals 46 votes, 25648 views
more...  
 
Sponsored Jobs
More From Author
Kerela IT firms are hunting hackers .. recruiting them in their companies...This is  unique way of finding the talent because formal degree does not matter here and what you get is the best people. But what about safety factor.. Is your comany...
Reservations are always in govt orgs.. and the drop outs do not open them.. do they? Managers having poor marks has nothing to do here becasue either they have establlished the platform or they have enough experience and to add to this let me tell you...
Business schools were meant to be guides and they don't create a perfect person, they give raw mind a direction.
more...  
  • Popular Knowledge
  •  
  •  
  • Popular Jobs
  •