Page 12 - Unemployment

Most aspirational lot in India could be the unhappiest, says survey

Survey shows that the happiness score is the lowest in the age group of 20 to 30, and higher on both ends - below 20 as well as above 30

Guaranteed loans have multiplier effect

Government guarantee will help and restart businesses which will kickstart the virtuous circle of employment, consumption, and growth

Top headlines: Rating firms cut GDP forecast, hiring outlook at 15-year low

Global rating and research houses, such as Fitch and Goldman Sachs, have cut their estimates for growth in India's GDP for the current fiscal 2020-21.

Bihar polls: Tejashwi Yadav accuses CM Nitish of doing appeasement politics

The RJD leader said that Bihar's unemployment rate is around 46 per cent, which is one of the highest across the country

Find solutions to problems being faced by youth: Rahul Gandhi to govt

The Congress on Friday hit out at the government over the alleged rise in unemployment and poverty, as it demanded that solutions must be provided for the problems being faced by the youth

Job ads slow in United Kingdom but office experts in demand, survey shows

The number of job adverts in Britain rose at a slower pace in late August than earlier in the month but there were signs that companies were looking for staff to help with a return to their offices

United Airlines to axe 16,370 workers, many more going without pay

Many staffers have opted for leave that provides healthcare but no money, according to Association of Flight Attendants-CWA International President Sara Nelson

Spain's unemployment rises amid new Covid outbreaks, tourist restrictions

The number of jobless people rose by 0.79% in August, bringing the total of people out of work in Spain to 3.80 million people and bringing to a halt a positive trend that began in May

To soften Covid-19 blow, India plans to extend MGNREGA to the cities

The program, when approved, may be rolled out in smaller cities and initially cost about 350 billion rupees ($4.8 billion), said Sanjay Kumar, a joint secretary

Slowdown: India's Gen Z risks getting left out of formal jobs, says study

Prime Minister Narendra Modi imposed one of the world's most restrictive lockdowns from March 25, leading to a loss of about 122 million jobs

GDP data: No surprises here; need different policy measures to stem the rot

The only sector to show growth is agriculture, while the government sector disappointed with public admin de-growing by 10.3 per cent

Slow pace of pay growth adds to hurdles in way of India's economic recovery

A survey by Deloitte Touche Tohmatsu India LLP showed average salaries gained 3.6 per cent in the fiscal year that started in April, down from 8.6 per cent a year ago

US Economy in question as 1 million people apply for unemployment insurance

The Labor Department said Thursday that initial jobless claims for the week ended Aug. 15 came in at 1.106 million

ESIC members who lost their jobs amid Covid can claim 50% of average wage

At present, the benefit amounts to around 25 per cent of average wages

Does govt have plans to tackle declining GDP, unemployment, asks Congress

"This government cannot be a 'Ram bharose' government, because even Ram helps only those who help themselves," Congress said

Rahul targets govt, says 20 mn jobs lost in last 4 months amid Covid-19

The news report cited by Gandhi claimed that around 18.9 million jobs were lost due to the coronavirus pandemic from April onwards

18.9 mn salaried people lost jobs since April, 5 mn in July, says CMIE

The loss of around 5 million jobs in July comes after around 3.9 million jobs were gained in June, as per the data

6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report

Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent

Covid-19 impact: 50% of global youth depressed, 17% out of jobs, says ILO

The ILO survey aimed to capture the immediate effects of the pandemic on the lives of youths (aged 18 to 29 years) with regard to employment, education, mental health, rights and social activism

Covid-19 impact: UK job losses hit decade-high, worse seen ahead

Mounting job losses are expected as Britain winds down its job-retention scheme, which has covered around one in three private-sector jobs. It is due to close at the end of October