Joblessness

India's unemployment rate rises to 3-month high of 7.8% in March: CMIE data

Higher borrowing costs are already weighing on India's economy, data show

Chip-maker Micron to layoff 10% of its workforce under restructure plan

Chip-maker Micron has announced that it will reduce its workforce by about 10 per cent in 2023 in response to challenging industry conditions

Vedantu gives pink slips to 385 employees in 3rd round of layoffs this year

It has sacked over 1,100 employees, so far, amid funding winter

India jobless rate rises in Oct led by sharp rise in rural unemployment

Rural unemployment rate climbed to 8.04% from 5.84% in September, while urban jobless rate was at 7.21% compared to 7.7% a month before

China's youth jobless rate hits a record high of 19.9% amid Covid pandemic

Youth jobless rate in China has hit a record high of 19.9 percent, media reports said citing the country's National Bureau of Statistics (NBS)

How Agnipath is turning the spotlight on India's unemployment crisis

A military recruitment plan (Agnipath) in India that sparked last month's violent protests is turning the spotlight on an unemployment crisis plaguing the $3.2 trillion economy

Unemployment rate dips to 8.2% in Jan-Mar 2022, shows NSO survey

Joblessness was high in January-March in 2021 mainly due to the staggering impact of the lockdown restrictions in the country, which were imposed to curb the spread of the deadly coronavirus.

India's jobless rate rises to 7.83% in April, Haryana tops the list: CMIE

Economists say job opportunities have been hit by sluggish domestic demand and the slow pace of economic recovery amid rising prices

US weekly jobless claims fall to lowest level in 5 decades: Labour Dept

Initial jobless claims in the US last week fell to 166,000, the lowest level in over five decades, indicating continued labour market tightness, the Labour Department reported.

Banks and railways privatisation will take away 500,000 jobs: Varun Gandhi

For the last several months, Varun Gandhi, BJP MP from Uttar Pradesh's Pilbhit has been expressing views on various issues that are not in line with his party's official stand

Jobless claims in United States rise by 28,000 to still-low 222,000

The four-week average of claims, which smooths out week-to-week ups and downs, fell below 239,000, a pandemic low

Dualism and its discontents

Employed vs jobless, formal vs informal, urban vs rural-the pandemic has exacerbated the divide, with lasting consequences for the economy

Joblessness top concern of urban Indians in October 2021: Survey

Joblessness is the top concern of Urban Indians in October 2021 while global citizens are more worried about poverty and social inequality, Ipsos What Worries the World global monthly survey has said

India's jobless rate drops to four-month low in July as Covid ebbs

The country's unemployment rate was 9.17% in June, says CMIE

Second coronavirus wave leaves another 7 million people jobless in India

Unemployment increased to 7.97% from 6.5% in March, with more than seven million jobs lost last month, according to data from Centre for Monitoring Indian Economy

Delhi night curfew: Shops being closed at 8 pm, employees fear job loss

With the first night curfew of the year being imposed in the national capital, the shops at various places here are being closed at 8 pm while the workers are fearing job loss

Govt penalising educated youth: Rahul on vacancies in education institutes

Rahul Gandhi took a dig at the Centre over the reported vacancies at top educational institutions, saying the educated youth is facing severe joblessness and the government is "penalising" them

20% remained without work six months after losing jobs to lockdown: study

Findings are of second round of survey by Azim Premji University; 2,778 respondents from first round were re-interviewed across 12 states to gauge the nature of economic recovery

Job cuts, salary adjustments amid Covid-19 not as widespread, says study

Job cuts and salary adjustments have not been as widespread as originally apprehended despite the severe impact on the revenue of companies in the aftermath of Covid-19 pandemic, a study has revealed.

2021 to see 40% surge in people needing humanitarian aid due to Covid: UN

The UN humanitarian office says needs for assistance have ballooned to unprecedented levels this year because of Covid-19, projecting that a staggering 235 million people will require help in 2021