48% increase in the applications per job: Quickr Jobs Report

Due to the corona pandemic, the economy of the country faced severe losses. These losses result in multiple job losses across various sectors. Now it has been observed that there is a 48% increase in the applications per job according to Quickr jobs report

48% increase in the applications per job: Quickr Jobs Report

The job portal claims that there is an imbalance in the number of applications and the number of vacant positions. The current situation is much worse in the urban areas of the country.

The report says that there is an increase in job applications in metro areas. There was a significant growth observed between March and May regarding job applications compared with pre-COVID data.

According to the report, jobs related to data entry, delivery executives, drivers, marketing, and sales are receiving disproportionate applications.

There are less number of foreign job-seeking candidates due to the restrictions on international travel.. The report shows that availability for blue-collar jobs increased significantly compared to others

Also, read: Google plans to invest $10 billion in India over 5-7 years

The overall summary of the report says that there is a sharp decline in both job opportunities and applicants during the lockdown, and especially April

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Google plans to invest $10 billion in India over 5-7 years

The US tech giant Google plans to invest $10 billion in India over 5-7 years. On Monday it announced that ‘Google for India digitization Fund’ is set up via which it will invest $10 billion in India over the next 5-7 years

Google plans to invest $10 billion in India over 5-7 years

The investment will be a mix of equity investments, partnerships, infrastructure, operations, and ecosystem investments. This announcement comes after the Indian government bans 59 Chinese apps and blocking Chinese technology investments.

The investment plan by Google includes bringing more quality low-cost smartphones to the country that have internet access.

Earlier to the announcement, the Indian Prime Minister Mr. Narendra Modi participated in the video conference by Google CEO Mr. Sundar Pichai and several other top executives of the company.

PM Modi tweeted that he had a good interaction with the Google CEO and discussed several topics, especially introducing technology that can change the lives of Indian farmers, youngsters, etc.

He also said about discussing the work culture change in the times of COVID lockdown. They also discussed the importance of cybersecurity in these times.

Also, read: TCS to hire 40000 freshers

Google says that this investment will focus mainly on enabling easy access internet to every Indian in their own language. It also said that there are plans to empower small and medium businesses by using artificial intelligence and support.

Google Vice-president says that the company aims to bring affordable low-cost smartphones into the Indian market.

The investment of $10 billion is to make up for the space left by the Chinese investors in India. Earlier this year, India revised its FDI policy which will not let any takeover from the Chinese companies.

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