Page 2 - Urban Employment

Sluggish recovery after sharp fall

The inverse relationship between household income levels and the rate of recovery in consumer sentiments is both disappointing and counter-intuitive. But the data is unambiguous

Unemployment rate rises to 10.3% in Oct-Dec 2020, shows NSO survey

Unemployment rate for all ages in urban areas rose to 10.3 per cent in October-December 2020 as compared to 7.9 per cent in the corresponding months a year ago

Employment recovery expected in July

But, the recovery was incomplete because the employment rate, which is the working age population that is employed, never repaired with its pre-Covid levels

Covid-19 pandemic: Blue-collar roles see 25% surge in urban areas

Between March and May, Dunzo riders delivered over 20,000 orders to hospitals alone.

TCS looks for talent on the cloud, to create an algorithm-based marketplace

Firm has reimagined its HR strategy with a clear focus on skills

Launch urban employment guarantee scheme, Jean Dreze tells Centre

Drze said and explained that under the scheme the government should issue job stamps to the employers instead of providing funds in cash in order to eliminate corruption in the form of ghost employee

Recovery on thin ice as India finds itself in a crater on employment front

Economic recovery either stopped in the third quarter or it stopped showing up in recovery in employment

Employment rate targeting must be at the heart of Indian policymaking

The labour participation rate in September at 40.7% was 199 basis points lower than the average labour participation rate of 42.7% in 2019-20

Labour conditions worsening. Expect job losses in August

In August, barring an exceptional spike in one week, the labour participation rate has been slipping

1 in 10 Indian jobseekers lost job, most think layoff imminent: Survey

Jobseekers from the IT, pharma, medical or healthcare and BFSI industries were less impacted by layoffs and salary cuts as compared to their counterparts from other industries.

Tattering social fabric, economic slowdown hurting December labour demand

Preliminary and partial data for December indicate that labour participation is recovering from the November fall, but perhaps, not enough to make November look like an aberration

Employment and real wages accelerate in listed companies

There are over 5,000 listed companies in India but many of these are inactive