Page 3 - Unemployment In India

Haryana's stormy labour markets

According to its Economic Survey, in 2021-22, Haryana's per capita net state domestic product at Rs 2,74,635 was nearly twice the national average of Rs 1,50,326

Youth marking PM's bday as 'Unemployment Day', he must provide jobs: Cong

The Congress on Saturday claimed that in view of the "worrying" job situation in the country, the youth are marking Prime Minister Narendra Modi's birthday as "National Unemployment Day", and demanded that he provide employment to them as promised. The opposition party also greeted Prime Minister Modi on his 72nd birthday and wished him good health and a long life. "Our ideological and political battles against him continues. His personal vendetta against us intensifies. Even so, here is wishing and greeting our Prime Minister Narendra Modi on his 72nd birthday," Congress general secretary in-charge communications Jairam Ramesh said in a tweet. Addressing a press conference at the AICC headquarters here, Congress spokesperson Supriya Shrinate said the birthdays of Indian prime ministers have always been celebrated as special days. "Given his love for children, Nehru Ji's birthday is marked as Children's Day, Indira Ji's birthday is celebrated as Communal Harmony Day and Rajiv Gandh

Employment fell in August 2022

This rise in the unemployment rate reflects the inability of the economy to provide adequate jobs at a time when the demand for jobs from people increased

Rahul signs off yatra in TN, talks to the unemployed, sips tea with workers

Congress leader Rahul Gandhi signed off his 'Bharat Jodo Yatra' in Tamil Nadu on Saturday by saying unemployment among the youths is high and that the differently abled should be provided equal opportunities. He interacted with a group of disabled rights activists in the district en route to Kaliakkavialai bordering Kerala. Gandhi met Tamil Nadu's first woman bus driver Vasanthakumari and briefly interacted with sanitary workers at Marthandam and also a group of local unemployed youth who accompanied him during the fourth day of the yatra in the district. Also, he stopped to sip tea and have biscuits while interacting with party workers. Following his interaction with differently abled rights activists, he said in a tweet: "Equal opportunity is true inclusion, anything less than that is unacceptable." About 42 per cent of the youth are unemployed, he said. "As we bid adieu to the land of Thiruvalluvar and Kamaraj, I thank the people of Tamil Nadu for the immense love and support t

Gujarat: Congress calls 'symbolic bandh' to protest inflation, unemployment

Congress workers staged demonstrations in Bharuch and different parts of Gujarat as a part of the 'symbolic bandh' called by the party to protest against inflation and unemployment

HP polls: AAP promises Rs 3,000 monthly allowance to jobless youth

The AAP on Friday promised to create 6 lakh government jobs in Himachal Pradesh and pay Rs 3,000 per month as unemployment allowance to jobless youth till they find work if the party is voted to power in assembly polls scheduled to be held later this year. The party said a consultation board would be formed for traders and tourism industry to end inspector raj and political corruption in the state. Punjab Chief Minister Bhagwant Mann and Delhi Deputy Chief Minister Manish Sisodia made the announcements during a public meeting in Himachal Pradesh Chief Minister Jai Ram Thakur's home district Mandi. The Aam Aadmi Party (AAP) also promised free pilgrimage for senior citizens to their choice of religious place. The party said Himachal Pradesh would be made corruption-free on the lines of Delhi. The AAP leaders also promised to provide every panchayat Rs 10 lakh as grant for development and a monthly salary of Rs 10,000 for panchayat presidents. The leaders said minimum support price

Households hesitant to spend

Rural India's steep fall in willingness to spend on consumer durables and urban India's scepticism regarding their future well-being is worrisome

India's unemployment rate zooms to 1-year high of 8.3% in Aug: CMIE

India's unemployment rate surged to a one-year high of 8.3 per cent in August as employment sequentially fell by 2 million to 394.6 million, according to data from the Centre for Monitoring Indian Economy (CMIE). During July, the unemployment rate was at 6.8 per cent and the employment was 397 million, the CMIE data added. "The urban unemployment rate is usually higher at about 8 per cent than the rural unemployment rate, which is usually around 7 per cent. In August the urban unemployment rate shot up to 9.6 per cent and rural unemployment rate also increased to 7.7 per cent," CMIE managing director Mahesh Vyas told PTI. Vyas further stated that erratic rainfall affected sowing activities and this is one of the reasons for the increase in unemployment in rural India. The unemployment rate in rural India rose from 6.1 per cent in July to 7.7 per cent in August. More importantly, the employment rate fell from 37.6 per cent to 37.3 per cent. "Going forward, the rural unemployment ra

Unemployment rate dips to 7.6% in April-June 2022, says NSO survey

The unemployment rate for persons aged 15 years and above in urban areas dipped to 7.6 per cent during April-June 2022 from 12.6 per cent a year ago, the National Statistical Office (NSO) said on Wednesday. Joblessness or unemployment rate is defined as the percentage of unemployed persons among the labour force. Joblessness was high in April-June 2021 mainly due to the staggering impact of Covid-related restrictions in the country. The latest data based on a periodic labour force survey, underlining a decline in unemployment rate amid improved labour force participation ratio, point towards a sustained economic recovery from the shadow of the pandemic. The unemployment rate for persons aged 15 years and above in January-March 2022 was 8.2 per cent in urban areas, the 15th Periodic Labour Force Survey (PLFS) showed. It also showed that the unemployment rate among females (aged 15 years and above) in urban areas declined to 9.5 per cent in April-June, 2022 from 14.3 per cent a year

India's low youth employment rate

The 15-24 years age group has a relatively low labour participation rate (LPR). Between 2016-17 and 2021-22, while the average was 42.6%, the LPR for the youth was much lower at 22.7%

10 mn apprenticeships in 10 yrs: What India needs to solve its unemployment

TeamLease and JustJobs Network report notes that instead of around 125,000 apprentices, CPSUs have only 41,250 on board

Biz ideas from students can help country get rid of unemployment: Sisodia

"By learning the concepts of entrepreneurship and establishing start-ups at a young age, students in Delhi government schools are becoming responsible citizens as well as smart entrepreneurs," he said

69% jobs in India under threat by automation in 20 years: Reports

Nearly 69 per cent of jobs in India are under threat from automation, as the country, with its relatively young workforce, is set to add 160 million new workers over the next 20 years

Need to address gap due to India's jobless growth, says Anand Mahindra

On inflation, he said that though it's a concern from the business angle, it can nevertheless provide a minimum threshold of returns on productive assets

The record of 75 years: How will India be more whole-heartedly admired?

If India addresses its institutional and policy failures, reduces its inequalities and addressing its iniquities over the next 25 years, that would truly make it an Indian century, writes T N Ninan

Over 979,000 vacant posts in central govt depts as of Mar '21: Minister

Of the total of 9,79,327 vacant posts, 23,584 are of Group A, 1,18,801 of Group B and 8,36,936 of Group C categories, he said in a written reply to a question in the Lok Sabha

India's unemployment lowest in six months at 6.8% in July: CMIE data

Urban unemployment jumped to 8.21 per cent in July from 7.80 per cent in June as the number of jobs fell both in industry as well as services

A partial recovery in July

Labour statistics for July show that a recovery did indeed take place in rural India. But, this has turned out to be grossly inadequate

Consumer sentiments recovering in July

After having scaled up by 5% in February, the index of consumer sentiment's growth rate fell in March, April and May 2022. In May and June 2022, it was a meagre 1%

Will inclusion in labour code work or do gig workers need a special law?

7.7 million people employed in the sector need welfare measures hardcoded into the law, say some experts