According to the newly released data, there are numerous jobs waiting to embrace the aspiring professionals and unemployed people.

Corporate giants like Google, Siemens and Ford, etc. have unveiled their plans to add more workforces in the near future.

The market is flooded with the jobs of all kinds and unemployment rates are observing a new low.

On Thursday the German electronics and engineering group, Siemens reported a big leap in its orders and raised its dividend to its shareholders. This is a classic example of the world economic recovery feeding into sales of the corporate sector.

Europe’s largest engineering company, Siemens AG announced that after the slashed jobs, company’s full year yearning will be much higher than they expected. Cut down was also seen in the demand for factory automation equipment and light bulbs. Siemens also stated that the profit at the industrial and health units will go beyond the 7.5 billion Euros.

Possibility of a strike action is budding in the IT staff working for the BBC contractor Siemens due to the decision of implementing a pay freeze by the firm. Balloting of the Siemens' employees working under the contract at BBC is being done by Media and entertainment trade union Bectu.

The European Commission, after claiming six companies to have taken part in a power transformer cartel, fined them a total 67.6 million Euros ($99.4 million) on Wednesday.

Munich - German turbine maker Siemens said Monday it had won a major order from Iraq for 16 high-efficiency gas turbines costing 1.5 billion euros (2.1 billion dollars).

Iraq's ministry of electricity is struggling to end constant power outages and restore damaged oil and gas-fired power stations.

German engineering conglomerate Siemens AG said on Friday that investigations by US regulators into a corruption case against it will end soon - the company plans to plead guilty and pay at least $450 million in fines to settle the long-standing corruption charges.