Joblessness

A lasting problem: How can India address its unemployment crisis?

Experts argue that India's economy has not created enough quality jobs to meet the needs of its growing labour force, particularly for young, educated individuals

Minority report: Unemployment rate among religious minorities up in 2023-24

But was down from the pre-Covid year

Haryana Assembly elections: High on per capita income, low on employment

Its economic character is of a developed state but the investment towards asset creation is unexceptional

China's youth jobless rate climbed to 17.1% in July as hiring held off

Around 12 mn students graduated this summer, but with even roles in remote areas attracting young Chinese with diplomas from top universities, aspiring professionals face toughest job market in years

Ikea lost $5,000 each time when a worker quit, so it began paying more

For a service-driven company like Ikea, unhappy workers can quickly lead to unhappy customers

Left out

Blinkered ideology has made it irrelevant

Young Indians more likely to be jobless if they are educated: ILO data

The unemployment rate for young people with secondary or higher education was six times higher at 18.4 per cent

We're sitting on ticking bomb of joblessness, have plan to give jobs: Cong

Attacking the Centre over the issue of unemployment, the Congress on Wednesday claimed the country is sitting on a "ticking bomb" of joblessness with the youth bearing the brunt of the Modi government's "apathy" and asserted that it 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), Congress president Mallikarjun Kharge urged people to remember before voting that Prime Minister Narendra Modi promised to provide 20 crore jobs in 10 years but "snatched more than 12 crore jobs from the youth". "Our Youth is bearing the brunt of Modi government's pathetic apathy, as ever-rising Unemployment has destroyed their future. ILO & IHD Report conclusively says that the Unemployment problem is grim in India," he said. "They are conservative, we are sitting on a 'ticking bomb' of joblessness!" Kharge said in a post on X. "But the Modi government's Chief ...

Lok Sabha polls: Congress unveils 5 guarantees to woo youth in poll promise

A Congress government will guarantee a "bharti bharosa" to the youth, where the Centre will take steps to fill three million vacant government jobs

India's urban jobless rate eases to 6.5% in Q3FY24, shows PLFS data

The jobless rate in urban areas has been steadily declining since the high of 12.6 per cent recorded in the COVID-affected April-June quarter of FY22

Urban jobless rate falls for second consecutive quarter to 6.6 % in Q1

The jobless rate in urban areas had been on a continuous decline since the high of 12.6 per cent recorded in the Covid-affected April-June quarter of FY22

India's overall unemployment rate falls in July due to farm demand

The total joblessness rate fell to 7.95% in July, from 8.45% in June, according to data released by private forecaster Centre for Monitoring Indian Economy

Weak rural labour market pushes India's unemployment rate above 8%

The unemployment rate jumped to 8.45% in June from 7.68% in the previous month, according to the Centre for Monitoring Indian Economy Pvt. While unemployment in urban areas eased to 7.87% last month

India's urban unemployment rate falls to 6.8% in Q4, shows govt data

The jobless rate in urban areas had been on a continuous decline since the peak of 20.8% in the April-June quarter of FY21

India's unemployment rate rises to 3-month high of 7.8% in March: CMIE data

Higher borrowing costs are already weighing on India's economy, data show

Chip-maker Micron to layoff 10% of its workforce under restructure plan

Chip-maker Micron has announced that it will reduce its workforce by about 10 per cent in 2023 in response to challenging industry conditions

Vedantu gives pink slips to 385 employees in 3rd round of layoffs this year

It has sacked over 1,100 employees, so far, amid funding winter

India jobless rate rises in Oct led by sharp rise in rural unemployment

Rural unemployment rate climbed to 8.04% from 5.84% in September, while urban jobless rate was at 7.21% compared to 7.7% a month before

China's youth jobless rate hits a record high of 19.9% amid Covid pandemic

Youth jobless rate in China has hit a record high of 19.9 percent, media reports said citing the country's National Bureau of Statistics (NBS)

How Agnipath is turning the spotlight on India's unemployment crisis

A military recruitment plan (Agnipath) in India that sparked last month's violent protests is turning the spotlight on an unemployment crisis plaguing the $3.2 trillion economy