Even if humans are able to adjust to a life of leisure in the long term, the most optimistic projections of AI productivity portend massive short-run disruptions to labour markets
Policy must also focus on earnings
Why is it so hard for government action to create jobs - so much so that even high economic growth under different regimes is not good enough to change the basic picture of unemployment?
Lok Sabha elections 2024: The Congress party promises to regularise employment, raise 50% cap on reservation, end 'cess raj'
Lok Sabha elections 2024: The manifesto pledged to conduct a nationwide Socio-Economic and Caste Census to assess caste and sub-caste demographics along with their socio-economic status
Numbers so far this year are lower than in 2023
Women dominated the household unpaid category while it was own-account for men within self-employment
The Congress will usher in a 'Rozgar Kranti' by taking concrete steps to increase employment opportunities, enable entrepreneurship and realise the aspirations of the youth, party chief Mallikarjun Kharge said on Saturday. He said the Congress guarantees that the future of youth will turn from bleak to bright and reiterated the 'Yuva Nyay' guarantees which the party would implement if voted to power. In a post on X, he said, "The Congress party will usher in a 'Rozgar Kranti (employment revolution)' through Yuva Nyay guarantee! We will take concrete measures to increase employment opportunities, enable entrepreneurship and realise the dreams and aspirations of our youth." Kharge listed the guarantees given by his party under its 'Yuva Nyay' pitch. Under the 'Bharti Bharosa' guarantee, the Congress chief said, his party would provide 30 lakh new Union government jobs, according to a jobs calendar. As part of 'Pehli Naukri Pakki', the party will provide one year Right to Apprenticesh
Indian job market has several challenges, says new report by ILO
Congress leader Priyanka Gandhi Vadra on Wednesday attacked the Centre over the issue of unemployment, saying the youth has understood that the BJP cannot provide employment and her party has a concrete plan for providing jobs to them. Citing the India Employment Report 2024 released by the International Labour Organisation (ILO) and the Institute of Human Development (IHD), Gandhi pointed out that out of the total unemployed people in India, 83 per cent are youth. "The share of educated youth in the total unemployed was 35.2% in 2000. In 2022, it has almost doubled to 65.7%," she said. "On the other hand, the Prime Minister's Chief Economic Advisor is saying that 'the government cannot solve the problem of unemployment'," the Congress general secretary said. This is the truth of the BJP government, she added. "Today every youth of the country has understood that BJP cannot provide employment. Congress Party has a concrete plan to provide employment to the youth," she said. Gandh
In January last year, 830,047 subscribers joined the EPF. This data is crucial as only the formal workforce enjoys social security benefits and is protected by labour laws
The top 1 per cent of Indians hold the maximum national income share at 22.6 per cent compared to key peers
The bigger problem is the nature of employment, rather than unemployment, and the realistic solution could be fostering farm-related enterprises
Firms will have to fulfil their obligation under the Apprenticeship Act by recruiting requisite apprentices
The latest PMI figure comes a day after the National Statistical Office (NSO) data showed that India's GDP grew by 8.4 per cent in the October-December quarter
This is the second time the firm has laid off employees. Pristyn had, in March last year, reportedly laid off 45 employees due to poor performance
Mission Karmayogi is ambitious in its target but vague about how civil servants are using what they learn
Semiconductors emerging as 'big sector' in country as more investments come in, he says
The latest Economic Survey Assam has stated that nearly 10 lakh fresh educated youths have registered in employment exchanges in the state in 2022 compared to just 1.4 lakh in the previous year. Terming it a huge challenge before the state, the Economic Survey, Assam for 2023-24 stated that the size of the educated job seekers is considerably high with new registration jumping by a whopping over seven times in just a single year. "From the records of the live register of Employment Exchanges, the registered educated job seekers stood at 9,83,093 in 2022 as against 1,37,865 during 2021," it added. The report, which was tabled in the Assam Assembly during the Budget Session this month, stressed that the number of educated job seekers has increased at all levels of education in 2022 over 2021. It said that the overall number of educated job seekers stood at 18,05,441 as per registrations at Employment Exchanges in 2021 as against 17,46,671 during 2020, thereby showing an increase of 3
India is its largest talent hub; comprises 75% of company's total workforce