PlacementIndia.Com – Blogs Release May 2012

Online Recruitment : The Best Option
Contemporary world is ruled by Internet. Online recruitment is yet another boon of Internet to the society. Gone are the days when job seekers had to wear out their shoes in search of a proper job [...]

How Online Recruitment Agencies Can Help Employers
The advent of online recruitment agencies has certainly made life easier for the employers. Recruitment of employees has always been a lengthy and time consuming procedure [...]

Impact of Recession On The Indian Job Market
As the cliché goes when the US sneezes, the world catches cold. Somewhat of the same had been experienced not just by India but also by all the economies across the globe with the unprecedented bankruptcy of the world’s largest financial bank, Lehman Brothers [...]

Does Dress Affect Productivity
Dress at workplace has always been a contentious issue, where organizations find it an important factor to form repute but employees are find it yet another rule imposed to be followed under pressure [...]

Some Resume Facts That, Employers Will Never Check
The first thing that a job seeker is asked for is his/her resume. Special emphasis should be laid while preparing a resume in order to make it interesting and at the same time effective [...]

Impact of Recession On The Indian Job Market

As the cliché goes when the US sneezes, the world catches cold. Somewhat of the same had been experienced not just by India but also by all the economies across the globe with the unprecedented bankruptcy of the world’s largest financial bank, Lehman Brothers. Not only the job sector was affected but major sectors like housing, financing, tourism etc. also saw a major decline because the spending parity of the people were limited. Recession is a word that has been overused for a long time and many a times people do not succeed in understanding the correct meaning.

Recession can be defined as a decline in a country’s gross domestic product in two or more consecutive quarters.

The impact of recession had less negative impact on the Indian economy as the relatively slow economic development had always been a point of criticism. However, the flow of foreign investments into the Indian business sectors had also been controlled variably. Nevertheless, foreign investments may furthermore slow down India’s growth rate but we can keep ourselves impervious from the current ongoing crisis. Since Indian economy is facing a slowdown and not recession expectations of people are soaring high so that they can prove it that they are worth every penny that a company is going to invest upon them. The growth rate of 7% in the last fiscal year ended March 31st testifies to it that India is gradually releasing itself from economic slowdown as well.

The government has planned to introduce stricter norms and regulations so that India does not face such a situation as earlier it was faced by some ASEAN countries in the year 1997-1998 and the recession of 2008.

Tips for getting a job in the recession period

Recession is a term that fills terror in the minds of people actually suffering from it. It generally brings unrest in the job market and stock exchange. Thousands of people lost their jobs and the ones that are looking for job have to wait endlessly. If you are unemployed and searching for tips that can help you in acquiring a good job, then you are at a right place.

The tips are

Multitasking: One should be capable of doing multiple jobs rather than focusing on. This is because a company in the period of recession looks for people who are able to perform various jobs; this will cut their expenses to a great degree.

Salary flexibility : One should not be obstinate in the matters of salary. During recession one should try and gain maximum experience rather than thinking of getting high salaries.

Specified Training : Companies look for people who are skilled and have attained proper training. So, a person should be sufficiently trained in order to catch the attention of the employers.

Flexibility in selecting a work place : In the times of recession, one should not restrict himself to a specified job location. One should be ready to work even in far off places. This will open up many options for you.

Make your accounts on different Placement Portals : There are numerous placement portals that act as a platform to connect the job seeker- employer. Making your account on different Placement portals will open up more opportunities for you.

Well- framed CV : Your C.V. represents everything you are, so it should be properly written.

Ø Framing of categories should be taken care of, as it will help in easy browsing.
Ø Should be error free- no grammatical or conceptual error.
Ø Complete details should be provided.
Ø Should be frequently updated.

Keep eye on the changing trends : One should keep track with the new trends in the job market.

These tips will serve as highly beneficial to you and prepare you to be easily noticed by the employer. These tips help you to be better exposed in the job market.

Impact of recession on the Indian job market

As the cliché goes when the US sneezes, the world catches cold. Somewhat of the same had been experienced not just by India but also by all the economies across the globe with the unprecedented bankruptcy of the world’s largest financial bank, Lehman Brothers. Not only the job sector was affected but major sectors like housing, financing, tourism etc. also saw a major decline because the spending parity of the people were limited. Recession is a word that has been overused for a long time and many a times people do not succeed in understanding the correct meaning. Recession can be defined as a decline in a country’s gross domestic product in two or more consecutive quarters.

The impact of recession had less negative impact on the Indian economy as the relatively slow economic development had always been a point of criticism. However, the flow of foreign investments into the Indian business sectors had also been controlled variably. Nevertheless, foreign investments may furthermore slow down India’s growth rate but we can keep ourselves impervious from the current ongoing crisis. Since Indian economy is facing a slowdown and not recession expectations of people are soaring high so that they can prove it that they are worth every penny that a company is going to invest upon them. The growth rate of 7% in the last fiscal year ended March 31st testifies to it that India is gradually releasing itself from economic slowdown as well.

The government has planned to introduce stricter norms and regulations so that India does not face such a situation as earlier it was faced by some ASEAN countries in the year 1997-1998 and the recession of 2008.

Follow

Get every new post delivered to your Inbox.

Join 227 other followers