AGP Executive Report
Last update: 10 hours agoAI & Hiring in India: Zoho co-founder Sridhar Vembu says IT firms are not creating enough new jobs as budgets shift to AI and data-centre costs, with server and memory prices rising; he also warns AI may reduce entry-level roles even if it boosts software output. Manufacturing Jobs Signal Softening: HSBC’s India manufacturing PMI fell to a five-year low in July (53.5), with job creation slowing for a third straight month as new orders growth weakens. Data Centres as Employment Engine: A Square Yards report estimates India’s data-centre pipeline (about 9,030 MW) could generate ~4.33 lakh ecosystem jobs and drive demand for ~195 million sq ft of housing by 2030. Japan Quake Aftermath & Work Safety: In Kumamoto’s quake disaster, two Aeon Mall workers were reportedly told to re-enter to move cash after evacuation; Habita apologised after the deaths. Japan Heat Stress at Work: Prime Minister Sanae Takaichi visited Kumamoto as thousands faced water shortages and crowded shelters without air-conditioning, raising heat-illness risks. ASEAN Labour Demand in Japan: Japan’s housekeeping sector is increasingly hiring Filipino workers, with demand growing since foreign staffing was expanded in special zones. US-China Trade Pressure: China’s commerce ministry and cotton industry group protested the US adding 43 firms to the forced-labour entity list, a move that could ripple into supply-chain hiring. Regional Mobility: Korea’s government-supported programs continue placing young Koreans into Japan jobs, though retention remains a challenge.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.