ECONOMISTS MORE UPBEAT ABOUT
US JOB GROWTH: SURVEY
A new survey shows US
economists are growing slightly more optimistic about recovery in the job and
housing markets but expect other pillars of the economy to remain weak.
The National Association for Business Economists says in a report that its forecasters expect modest growth for the remainder of the year, with the pace picking up in 2013.
Still, the 54 economists NABE surveyed expect consumer spending, business investment and gross domestic product to remain below historic norms.
The quarterly survey compiles expectations for indicators such as hiring, home construction and spending from economists at industry groups, government agencies, banks and consultancies.
The panel now expects average monthly job growth for 2012 of 188,000, up from its forecast in February for 170,000 new jobs per month in 2012. The improved outlook would lead the unemployment rate to fall to 8 per cent by the end of the year, the economists said. The rate is now 8.1 per cent. By the end of 2013, the unemployment rate is expected to ease further to 7.5 per cent.
The National Association for Business Economists says in a report that its forecasters expect modest growth for the remainder of the year, with the pace picking up in 2013.
Still, the 54 economists NABE surveyed expect consumer spending, business investment and gross domestic product to remain below historic norms.
The quarterly survey compiles expectations for indicators such as hiring, home construction and spending from economists at industry groups, government agencies, banks and consultancies.
The panel now expects average monthly job growth for 2012 of 188,000, up from its forecast in February for 170,000 new jobs per month in 2012. The improved outlook would lead the unemployment rate to fall to 8 per cent by the end of the year, the economists said. The rate is now 8.1 per cent. By the end of 2013, the unemployment rate is expected to ease further to 7.5 per cent.
IBM ON A DRIVE TO HIRE MORE
WOMEN IN INDIA
Big Blue, led by power
woman, Ginni Rometty, is on a drive to hire more women in leadership positions
and across all positions in its India operations.
The multinational software giant has launched several programs targeted at employing more women, including those who want to get back to a career after a break, women only walk-in interviews and a program to enable female alumni to continue to contribute to projects in IBM.
One such campaign e-mailed to employees in several business units in IBM's India operations this month is titled, 'We are more than an IT company, We are an opportunity Company!!!' and asks staff to specifically refer women graduates and post-graduates for careers in its global business services.
The multinational software giant has launched several programs targeted at employing more women, including those who want to get back to a career after a break, women only walk-in interviews and a program to enable female alumni to continue to contribute to projects in IBM.
One such campaign e-mailed to employees in several business units in IBM's India operations this month is titled, 'We are more than an IT company, We are an opportunity Company!!!' and asks staff to specifically refer women graduates and post-graduates for careers in its global business services.
These referrals, promoting
more diversity in the firm, earn employees a higher referral bonus or fee
compared to normal referral programs.
Another e-mail to employees is about a special walk-in program for women IT professionals. "At IBM India, diversity is a key ingredient that unlocks the potential for excellence," the mail says.
The 'Bring her Back' campaign launched last year to re-employ women to want to get back to a career is segmented into several sub-groups targeted at young mothers, those who have taken a study break or sabbatical, and those who have taken a few years off to take care of family.
Another e-mail to employees is about a special walk-in program for women IT professionals. "At IBM India, diversity is a key ingredient that unlocks the potential for excellence," the mail says.
The 'Bring her Back' campaign launched last year to re-employ women to want to get back to a career is segmented into several sub-groups targeted at young mothers, those who have taken a study break or sabbatical, and those who have taken a few years off to take care of family.
IIM CALCUTTA'S PGPEX 5TH BATCH BAGS AVERAGE SALARY OF RS 20.4
LAKH
The fifth batch of IIM Calcutta's one-year residential
program for executives, PGPEX has completed its placements with a top and
average salary of Rs 28 lakh and Rs 20.4 lakh respectively.
Tech Mahindra was the biggest recruiter with 10 offers and the highest salary was offered by Take Solutions.
The batch comprised 44 students, out of which 3 were on sabbatical and 4 did not avail of placement facility. So 37 students participated in the placement process and bagged 49 offers.
The IT/consulting sector led the charge with 18 offers, followed by consulting with 11 offers. There were 7 offers each in product management and sales/marketing roles, 5 in business development and 1 in general management.
Some of the participating companies included Bain Consulting, Microsoft, Google, Infosys, Amazon, iNautix, Carestream, Accenture, HCL Technologies ,Take Solutions, Tech Mahindra, Dr. Reddy's Lab and Wipro BPO.
First time recruiters included Sears IT, Medtronic, Keane Consulting, CGN Consulting, Fi-Tek, Microsoft, Accenture BPO and Wipro BPO.
Tech Mahindra was the biggest recruiter with 10 offers and the highest salary was offered by Take Solutions.
The batch comprised 44 students, out of which 3 were on sabbatical and 4 did not avail of placement facility. So 37 students participated in the placement process and bagged 49 offers.
The IT/consulting sector led the charge with 18 offers, followed by consulting with 11 offers. There were 7 offers each in product management and sales/marketing roles, 5 in business development and 1 in general management.
Some of the participating companies included Bain Consulting, Microsoft, Google, Infosys, Amazon, iNautix, Carestream, Accenture, HCL Technologies ,Take Solutions, Tech Mahindra, Dr. Reddy's Lab and Wipro BPO.
First time recruiters included Sears IT, Medtronic, Keane Consulting, CGN Consulting, Fi-Tek, Microsoft, Accenture BPO and Wipro BPO.
No comments:
Post a Comment