Page 3 - Labour Market

Exports: Has white-collar success trumped India's blue-collar viability?

If India were trading in only goods, a massive deficit of about $150 bn would have forced down the rupee's value, making Indian manufactured goods cheaper in export markets, writes T N Ninan

For gig workers, labour rights and benefits remain elusive in India

Workers are looking to the Budget to ensure that the promises made to protect their labour rights are finally implemented

India lost 259 bn hours of labour annually because of global warming

Productive hours lost to heat and humidity globally are about 400 billion hours greater than previous estimates, roughly the same as the amount of work hours lost during the Covid-19 pandemic

US labour costs rise strongly in Q4 last year, fastest in 2 decades

US labour costs rose strongly in the fourth quarter of last year, wrapping up the biggest one-year gain of labour inflation in two decades

Global unemployment to reach 207 million in 2022, says ILO report

The report warns of slow and uncertain recovery as the pandemic continues to have a significant impact on global labour markets

India loses 259 billion labour hours annually due to heat: Study

India currently loses around 259 billion hours annually due to the impacts of humidity and heat on labour, more than double previous estimates of 110 billion hours, says a study by Duke University

Best of BS Opinion: Labour market distress, fiscal consolidation and more

Here is the best of Business Standard's opinion pieces for Wednesday

India's labour market distress

Implications for growth story will be severe

TMS, Ep 42: Haryana's job quota, RBI-RD cheme, Ather CEO Q&A, and e-RUPI

Will Haryana's new job quota rule hurt MSMEs? Can RBI-RD scheme spur retail interest in bonds? How does Ather Energy CEO Tarun Mehta plan to take on competition in the EV space? Answers here

Haryana's new job quota law may adversely hit small industries

The Haryana govt's amendment of its draft Bill to reserve 75% of private jobs for locals has allayed concerns of private sector giants in Gurugram. But what will be the impact on smaller industries?

Delhi govt hikes minimum wages for labourers amid Covid-19, price rise

Delhi's Deputy Chief Minister on Monday announced an increase in the minimum wages of the labourers

US job growth picks up in October; unemployment rate falls to 4.6%

The faster pace of hiring shows that more Americans returned to workplaces as Covid-19 cases declined

US weekly jobless claims hit 19-month low as labor market tightens

The weekly unemployment claims report from the Labor Department on Thursday, the most timely data on the economy's health, also showed unemployment rolls shrinking significantly early this month

Labour codes unlikely to be implemented this fiscal year: report

The implementation of these laws assumes significance because once these are implemented there would be reduction in take-home pay of employees

Contradictory policies will not revive the labour market and consumption

Of the three variables that it is targeting - higher private investment, stability and fair wages - the government has to discard at least one

Govt to launch e-SHRAM portal for maintaining unorganised worker database

The government will launch the e-SHRAM portal to maintain a database of workers in the unorganised sector on August 26, Union Minister for Labour and Employment Bhupender Yadav said on Tuesday.

Women need a better deal

The literature, say the authors, has focused on supply-side constraints that prevent women from entering the labour markets

US economy returns to pre-pandemic level; labor market healing

The pace of GDP growth reported by the Commerce Department on Thursday was, however, slower than economists had expected.

Fed says progress made toward conditions for tapering bond buys

Any move to shrink policy support will be based on progress on the Fed's goals for jobs and inflation

Reopening US economy heat up inflation; labour market recovery gets a boost

May's inflation drivers appear to be temporary, fitting in with Federal Reserve Chair Jerome Powell's repeated assertion that higher inflation will be transitory