What is unemployment in India? In the case of male category, the unemployment rate is estimated at 40 persons out of 1000 persons, whereas for the female category the unemployment rate is estimated at 72 persons at All India level under the usual principal status approach. The weekly unemployment rate in the country stood between 8 and 9 percent in August 2019, as compared to 7-8 percent range observed in July, CMIE said in a report. The agency noted that the unemployment rate has hit the highest level since September 2016. How is unemployment in India measured to discuss the nature of employment in India? Unemployment in India is measured by the National Sample Survey Organisation. The unemployment rate is measured using a fixed formula. ... Unemployment = Total of Unemployed population who can work/Total of the community capable of accomplishing. According to this ratio, the unemployment rate is calculated. Employabili
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Artificial Intelligence In HR Artificial intelligence is a field of computer science that aims to solve cognitive problems commonly associated with human intelligence. In other words, AI enables machines to “think like humans,” and perform tasks such as learning, problem-solving, reasoning, and language processing. Today, AI is being driven by two fundamental technologies – machine learning and deep learning. HR is not known for pioneering nascent technologies, Artificial Intelligence (AI) represents a terrific opportunity. The consumerization of HR technologies has brought AI to the forefront of innovation in HR. From recruitment to employee experience, and talent management, AI has the potential to transform HR. Is HR replacing by AI? AI will take away jobs in other industries – for example the grocery store cashier is already being replaced by the automated self-checkout kiosk. Drivers may eventually be replaced by AI driven vehicles. Fast food prep tasks