Disguised unemployment

The Unemployment is the major role in India to get more problem because If we sort out this problem then India will lead the world. Minister's missive to industry captains not to fire employees during the downturn is an act of populist posturing ahead of the general elections. As an accomplished economist, he ought to be more than aware of the flexibility that companies require to adjust to adverse situations unless they are part of the public sector or are crony capitalists.

Cutting back on production and sending redundant employees home on unpaid leave is basically disguised unemployment. But Air India was not allowed to take this corporate action as the government continues to trifle with tax payer's money. Both Tata Motors and Ashok leyland have significantly reduced their production capacities and many steel makers are set to follow.

Multinationals, thankfully, are not obliged to comply with Dr.Singh's riot act as they are not beholden to the government for cheaper loans or frequent infusion of equity. The fact of the matter is that the majority of Indian graduates who come through our educational system are not deserving of white collar jobs which are merit based.

Over the years, the government has ceased being the dominant provider of jobs online to the incremental workforce owing to the general eclipse of the public sector but our policy makers still continue to exert both overt and covert pressure on the corporate sector to induct job seekers and also retain them, regardless of their suitability for the position. As the government will soon realise, such pressure tactics will progressively end up in exponentially adding to the army of those who are unemployed in disguise.

And come the polls, their are might singe the incumbent governemnt.

Career Choices in Full time and Part time:

As companies decline requests to visit engineering and management capuses and withdraw offer letters to short-listed candidates, there is a growing sense of concern among freshly minted graduates about a stable career.

While finance looks the most vulnerable, given the disintegration of global stock market indices, human resources is also losing its sheen as the employment market shows signs of contraction. Just as the stock market presents defensive choices during periods of turbulance, so do careers. Some of the more time tested recession proof careers are in medicine and law. But both these pursuits are expensive in that they don't yield immediate commercial results. Tough choices but they have to be made it time like thses.

Cricket Beckons got marketing, sales, adverting and finance jobs :

The cricket industry, particularly the wham bang versions of it, namely IPL and ICL have created a whole new genre of jobs not only for the players, but also for the myriad organisational jobs that have emerged around them, including cheer leaders. Many marketing, sales advertiising, finance and operations roles have opened up thanks to corporate sponsorship of T20 cricket. Some of the regional teams now have permanent organisation structures with fultime CEOs and CFOs.

IPL & ICL also offer many part time and temporary engagement job options too. As the franchises are traded and even bigger sponsors get into the act, one would expect stil meatier career opportunities to be created by these entertainment formats of cricket. So it you are a cricket buff, what better than a job that gives you a ring side view of the game?