Page 13 - Unemployment

MSMEs, industries must be made import-substitute for self-reliance: Gadkari

Says private sector should think more about tribals, villagers, farmers and other marginalised sections while talking about growth

Mass unemployment amid pandemic emerges as biggest challenge for China

Unemployment is exploding in the country with an estimated 70 to 80 million Chinese lost their jobs or were unable to work at the end of March, several weeks after the lockdown was lifted

Bengal's unemployment rate spikes in July despite easing curbs: CMIE

Despite relaxations in lockdown curbs, the West Bengal's unemployment rate in July has increased marginally to 6.8 per cent

KLM airlines announces massive layoffs, set to cut nearly 5,000 positions

At the end of June, the Dutch government presented an aid package of 3.4 billion euros ($3.8 billion) for KLM to overcome the consequences of the Covid-19 crisis

Covid-19 impact on GDP to be felt for years in advanced economies: Fitch

Huge uncertainties surround the economic outlook in aftermath of the massive shock in H1 2020

Govt showing people buoyant dreams despite its failures: Rahul Gandhi

Congress leader Rahul Gandhi on Tuesday accused the government of taking away people's jobs and savings, failing to stop the spread of coronavirus and still showing them "lofty false dreams"

What's at stake in the battle over US unemployment benefits in Congress?

Unemployment benefits to help laid-off Americans cover their bills as they look for work. They typically cover only a fraction of a worker's prior earnings

Gold price today: Rs 50,703 per 10 gm, silver climbs to Rs 60,785 per kg

In New Delhi, the price of 22-carat gold rises to Rs 49,000 per 10 gram

Emerging stronger from the Covid-19 crisis

Five changes can help India's large businesses position themselves for long-term success

EPFO records 318,000 new enrolments in May amid Covid-19-induced lockdown

Provisional payroll data released by the EPFO last month showed that net new enrolments stood at 133,000 in April this year

Covid-19: Jobless Americans could lose a crucial $600-a-week lifeline

Policy makers are at a standstill in their talks for more stimulus, and whether to include an extension of the extra unemployment benefits

The June recovery and beyond

There will be a limit to the immediate recovery that we witnessed in June

Covid-19 left 147 mn unemployed, global consumption loss at $3.8 trn: Study

Decisions made in response to the pandemic could shape the future of humanity, says study published in journal PLOS ONE.

France begins investigating Covid-19 unemployment fraud worth millions

Criminals took advantage of an unemployment scheme, successfully obtaining more than 2 million euros from the state that did not go to workers

World Coronavirus Dispatch: US cases surge past three-million mark

UK's latest $38 billion stimulus, Canada fiscal deficit seen at 14% of GDP, Pakistan to re-open schools in September and other pandemic-related news across the globe

Signs of fatigue in labour recovery

Data shows the worst is over and we are likely to settle at an unemployment rate which would be only slightly higher than the rates witnessed before the lockdown

Priorities for the Covid-19 economy

The most urgent policy priorities have been obvious since the beginning, but they will require a show of political will

India's electricity output signals recovery in June, shows govt data

June power generation fell 9.9%, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3% decline in May.

Another Covid-19 wave can result in loss of 340 million jobs: ILO

The number of working hours lost across the world in the first half of 2020 was significantly worse than previously estimated.

Letter to BS: Amid layoffs across sectors, it's wise to hold on to your job

Clearly there is going to be a massive pressure for jobs in most markets