India's Millions of Jobseekers Are Short on Skills
That's a great responsibility for this generation — and one it can only fulfill if it the right jobs are available, allowing them to increase their productivity and grow incomes. But those don't seem to exist. India's growth numbers may appear comfortable, but that isn't being accompanied by an expansion of employment. There are no reliable statistics on joblessness rates — and these are deceptive in poorer countries anyway. But scenes like those in 2022, when 12.5 million candidates applied for 35,000 junior positions in Indian Railways and then rioted over the selection process illustrate the scale of the challenge.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
40 minutes ago
- Yahoo
Trip.com Group (NASDAQ:TCOM) Is Doing The Right Things To Multiply Its Share Price
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So on that note, Group (NASDAQ:TCOM) looks quite promising in regards to its trends of return on capital. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Return On Capital Employed (ROCE): What Is It? For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for Group: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.084 = CN¥14b ÷ (CN¥248b - CN¥77b) (Based on the trailing twelve months to March 2025). So, Group has an ROCE of 8.4%. On its own, that's a low figure but it's around the 10% average generated by the Hospitality industry. Check out our latest analysis for Group In the above chart we have measured Group's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Group for free. The Trend Of ROCE While in absolute terms it isn't a high ROCE, it's promising to see that it has been moving in the right direction. The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 8.4%. Basically the business is earning more per dollar of capital invested and in addition to that, 33% more capital is being employed now too. So we're very much inspired by what we're seeing at Group thanks to its ability to profitably reinvest capital. The Bottom Line To sum it up, Group has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. Since the stock has returned a staggering 119% to shareholders over the last five years, it looks like investors are recognizing these changes. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. While Group looks impressive, no company is worth an infinite price. The intrinsic value infographic for TCOM helps visualize whether it is currently trading for a fair price. While Group may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
42 minutes ago
- Forbes
10 Top-Paying Associate Degree Jobs, Some With Six-Figures In 2025
Not qualifying for the right job can be anxiety-producing. And if you qualify for a position, it can be stressful when the job doesn't pay enough to make ends. Couple that with the wage crisis of 2025, and 73% of workers are struggling financially. But there's great news for associate degree holders. The growing demand for skilled labor no longer requires a four-year degree, giving two-year degree job seekers a leg up. Top-paying associate degree jobs are a hot ticket, some offering six-figure paychecks in 2025. 10 Top-Paying Associate Degree Jobs In 2025 If you earned an associate degree, you can throw your shoulders back and hold your head high because it's paying off in spades. Two-year degree candidates are sought after for top-notch jobs where they're earning big bucks—some as much as six-figures. In the past, job seekers weren't considered viable candidates for top jobs if they didn't have a minimum of four years of college. The degree bias trend is changing as 'new-collar workers' are reducing social and economic inequality, and associate degrees are enjoying a renaissance. Statistics show that jobs for associate degree holders are expected to grow by 6.3% from 2023 to 2033. To help job seekers take full advantage of this trend, Resume Genius issued its 2025 High-Pay Associate Degree Jobs Report. The career experts point out that this year's top 10 highest-paying jobs for associate degree holders have good prospects, heading into the New Year. They are earning a median annual wage of $62,180, well above the U.S. median income of $48,060. Resume Genius researchers analyzed data from the U.S. Bureau of Labor Statistics (BLS) to find the best-paying roles that can be pursued with an associate degree. They referenced the most recent BLS wage data and its Occupational Employment Statistics for 2023 to 2033. And they referenced insights from their 2024 report to analyze ongoing trends and verify that the chosen highest-paying associate degree roles remain consistent this year. The criteria for inclusion on the list were: The 10 careers are ranked by salary from highest to lowest, followed by the number of jobs, estimated job growth from 2023 to 2033 and job requirements. It turns out that associate degree-holding Americans have good job prospects. Air traffic controllers, nuclear technicians and radiation therapists lead the lineup of six-figure earners among associate degree holders. Resume Genius identified the following careers as the highest-paying jobs for associate degree holders in 2025 that specifically ask for an associate degree in 2025: 1. Air traffic controller ($144,580). 24,000 jobs available; three percent job growth; associate degree or equivalent experience required. FAA assessments and training also required. 2. Nuclear technician ($104,240). 5,400 jobs available; six percent job growth; associate degree in nuclear science or related field required along with on-the-job training that is often provided. 3. Radiation therapist ($101,990). 17,200 jobs available; three percent job growth; associate or bachelor's degree in radiation therapy or related field required; Licensing or certification may be required depending on state regulations. 4. Nuclear medicine technologist ($97,020). 17,800 jobs available; minus one percent job growth; associate degree required, plus licensing required in all U.S. states. 5. Dental hygienist ($94,260). 214,100 jobs available; nine percent job growth; associate degree in dental hygiene required; licensing required in most states. 6. Diagnostic medical sonographer, Cardiovascular technologist/technician ($82,570). 143,400 jobs available; 11% job growth; associate degree or postsecondary certificate required; certification may be required by employers or governing bodies. 7. Respiratory therapist ($80,450). 133,900 jobs available; 13% job growth; associate degree in respiratory therapy; work experience required and licensing required in most states. 8. Aerospace engineering and operations technologist/technician ($79,830). 11,000 jobs available; eight percent job growth; associate degree in engineering technology or related field required; work experience varies by position. 9. Aircraft and avionics equipment mechanic/technician ($79,140). 163,300 jobs available; five percent job growth; associate degree required; AA certification required, typically gained through approved training programs. 10. Radiologic and MRI technologist ($78,980). 271,200 jobs available; six percent job growth; associate degree required; certification often required for radiologic technologists; experience may be required for MRI technologists. 'In 2025, wages are up across the board for every occupation on our list,' comments Eva Chan, career expert at Resume Genius. 'This is great news for associate degree holders, as it highlights not only growing employer demand but also the potential to earn more in fields like healthcare, aviation,and technology. For job seekers, it's an exciting time to leverage their skills and education to build a stable, financially rewarding future.' Job-Seeking Tips For Top-Paying Associate Degree Jobs When crafting a resume, candidates should include detailed examples of their projects or relevant coursework that align with job requirements. For instance, a business management student who developed a comprehensive business plan should mention this achievement to demonstrate their strategic and analytical skills. Many professionals who invest in continuing education, including certifications or online bachelor's degree programs, report enhanced career opportunities and higher earnings. Certifications, such as CompTIA A+ for IT roles, are a time-efficient way to showcase expertise and increase job prospects. Researching job roles specific to their associate degree is key. Careers in industries such as nursing, technology, engineering, healthcare administration, or business management often value the practical training provided by a two-year degree. Exploring job boards like LinkedIn, Indeed, or Glassdoor and using keywords related to their field can help candidates identify the best opportunities for their skills. Candidates should confidently communicate their strengths and practical abilities during interviews, cover letter writing, and networking opportunities. Employers appreciate adaptability and commitment to continuous learning. Including examples of on-the-job accomplishments or earned certifications can help candidates stand out. Highlighting experiences where they successfully navigated challenges or learned new skills demonstrates their readiness to contribute to any organization. 'Skills-based hiring is continuing to change the way employers evaluate candidates,' Chan explains. 'Things like certifications, standout projects and hands-on experience are opening up more opportunities for these high-paying jobs in fast-growing fields." She concludes that top-paying associate degree jobs are a great fit for this shift. "They're faster to attain, more affordable and give you the practical skills employers want. It's a smart way to build a rewarding career without the time or cost of a four-year degree.'
Bloomberg
2 hours ago
- Bloomberg
EM Funds Adjust Bets as ‘Sell the Dollar' Trade Loses Appeal
The dollar's bounceback in July is convincing some emerging-market investors to bet it will keep rising in coming months. T. Rowe Price Group Inc. says it now favors dollar-denominated emerging market bonds rather than local-currency ones as a tactical trade. Barclays Plc is telling its clients to avoid shorting the greenback versus its Asian peers, while Fidelity International says the higher-for-longer US interest rates make it less attractive to borrow the dollar to fund carry trades.
