Page 3 - Unemployment Rate

Unemployment, inflation, 'bhagidari' crucial issues for country: Rahul

Congress leader Rahul Gandhi on Wednesday said unemployment, inflation and "bhagidari" were crucial issues that the country was facing, and accused the Centre of diverting the attention of people from the real problems. Interacting with people at Dondaicha village in Dhule district of Maharashtra during his Bharat Jodo Nyay Yatra, Gandhi said conducting a caste census will be a historic and revolutionary step. Gandhi and the Congress have been repeatedly assuring that if his party forms a government at the Centre, it would carry out a caste census. "Economic and financial survey will be the next step and I will do it. Dalits, poor people from the general category, minorities and tribals will know where they stand. Unemployment, inflation and 'bhagidari' (share) are crucial issues that the country is facing," he said. Gandhi claimed that media, the Election Commission, bureaucracy, private hospitals, educational institutions have no representation from the poor from general ...

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

AAP to 'gherao' Haryana CM's residence on Feb 7 over unemployment issue

The Aam Aadmi Party on Monday targeted the BJP-JJP coalition in Haryana over the unemployment issue and said it will 'gherao' Chief Minister Manohar Lal Khattar's residence in Karnal for allegedly "failing" to give jobs to the state youth. Addressing the media here, AAP's Haryana unit president Sushil Gupta claimed that more than two lakh jobs were lying vacant in various government departments and accused the Khattar government of not filling these posts. Gupta said out of two lakh vacant posts, 71,000 are in the education department, 21,000 in the police department and 10,000 in the transport department. "But the government is not filling these posts," he alleged. Gupta said that because of the lack of employment opportunities in the state, many youths are becoming victims of depression and drugs. Several youths were resorting to adopting illegal methods in order to migrate to other countries because of not getting jobs, he said. He slammed the state government over the issues

Congress stands for Jal-Jungle-Jamin of tribal people, says Rahul Gandhi

Congress leader Rahul Gandhi on Sunday said that his party stood for 'Jal-Jungle-Jamin' (water, forest and land) of tribal people and employment of youths. Gandhi was speaking during a roadshow in Jharkhand's Dhanbad district, as part of his 'Bharat Jodo Nyay Yatra'. After a night halt in Tundi block of the district on Saturday, the yatra resumed at Govindpur in Dhanbad city on Sunday, the third day of his yatra in Jharkhand. The main objective of the yatra is to save public sector units from being sold to private parties, and ensure justice to employed youths and tribal of the country, Gandhi said. "Congress party stands for the Jal-Jungle-Jamin of the tribal people and work for education and employment of youths. Economic imbalance, demonetisation, GST and unemployment have ruined the future of youths in the country," he said. Jharkhand Congress vice-president Brajendra Prasad Singh said the yatra which started from Govindpur, passed through Saraidhela, IIT-ISM gate, Randhir Ver

US growth likely slowed last quarter but still exhibited resilience

The nation's economy was supposed to have sunk into recession by now, dragged down by the highest interest rates in two decades and a resulting slump in borrowing and spending. Instead, the US economy has kept chugging along. Even more encouraging, inflation, which touched a four-decade high in 2022, has edged steadily lower without the painful layoffs that most economists had thought would be necessary to slow the acceleration of prices. On Thursday, the Commerce Department is expected to report that the nation's gross domestic product the economy's total output of goods and services rose at an annual rate of around 2 per cent from October through December. That would mark a deceleration from a vigorous 4.9 per cent growth rate in the July-September quarter. But it would still showcase the surprising durability of the world's largest economy, marking the sixth straight quarter in which GDP has expanded at a solid annual pace of 2 per cent or more. Helping fuel that growth has bee

Thousands of Indian workers queue up for jobs in Israel, undeterred by war

"There is unemployment here and its because of it that people want to leave," said Lekharam, a mason who was among the workers gathered at a recruitment camp in Rohtak, 66 km (40 miles) from Delhi

ESIC adds 1.6 million new members in November, 317K females: Payroll data

The Employees' State Insurance Corporation (ESIC) added 15.92 lakh new members in November 2023, according to provisional payroll data released on Tuesday. Around 20,830 new establishments were registered and brought under the social security umbrella of ESIC in November ensuring more coverage, the labour ministry said in a statement. The data shows that more jobs were generated for the youth during the month as out of the total 15.92 lakh employees added, 7.47 lakh, which constituted 47 per cent of the total registrations, were up to the age group of 25 years. Net enrolment of female members was 3.17 lakh in November 2023, according to the data. A total of 58 transgender employees were registered under ESI Scheme in November. It shows that ESIC is committed to delivering its benefits to every section of the society, the ministry stated. The payroll data is provisional since the data generation is a continuous exercise.

Unemployment among graduates declines to 13.4% between July 2022, June 2023

Unemployment rate among graduates in a the age group of 15 years and above has declined to 13.4 per cent in 2022-23 from 14.9 per cent in year ago, according to a government survey. As per the latest Periodic Labour Force Survey (PLFS), conducted by the Ministry of Statistics & Programme Implementation, the lowest unemployment rate among graduates aged 15 years and above witnessed in Chandigarh at 5.6 per cent, which was followed by Delhi with 5.7 per cent during 2022-23. The data showed the highest unemployment in Andaman & Nicobar Island at 33 per cent, followed by Ladakh at 26.5 per cent and Andhra Pradesh at 24 per cent. Among larger states, the unemployment rate was high in Rajasthan at 23.1 per cent and in Odisha at 21.9 per cent. Joblessness or unemployment rate is defined as the percentage of unemployed persons in the labour force. Considering the importance of the availability of labour force data at more frequent time intervals, the NSSO launched the Periodic Labour .

Oppn stages protest against Maha govt over unemployment, exam paper leaks

Leaders from the Opposition parties targeted the Maharashtra government over the issues of unemployment and exam paper leaks on Friday, the sixth day of the winter session of the state assembly. Legislators from the Maha Vikas Aghadi, constituting the Shiv Sena (UBT), Nationalist Congress Party's Sharad Pawar faction and Congress, gathered on the steps of the Vidhan Bhavan and raised slogans against the government. Leader of Opposition in the legislative council Ambadas Danve, legislators Satej Patil and Sachin Ahir, among others, brought utensils and pakoras as part of the protest. Speaking to reporters, Danve claimed that the number of unemployed youth has increased in the state and while the government keeps advertising about jobs, it does not fill vacancies. "Unemployment and exam paper leaks are Prime Minister Narendra Modi's guarantees," he said.

Is MGNREGA work demand real sign of distress or problem lies elsewhere?

In FY23, around 87.5 million people worked under the scheme, according to the MGNREGA website. Till December 12 in FY24, approximately 72.6 million people had worked under the scheme

After two quarters of fall, urban unemployment rate stagnated at 6.6% in Q2

However, the unemployment rate for the youth (15-29 age group) declined to 17.3 per cent in Q2 from 17.6 per cent in the June quarter

Unemployment rate falls to 6.6% in September quarter: Govt survey

The unemployment rate for people aged 15 years and above in urban areas declined to 6.6 per cent in the September quarter from 7.2 per cent a year ago, as per the National Sample Survey Survey (NSSO). Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force. Joblessness was high in the July-September period, mainly due to the staggering impact of Covid-related restrictions in the country. The unemployment rate in the March quarter of the previous fiscal was 6.8 per cent, while it was 6.6 per cent in April-June. The rate was 7.2 per cent in the third quarter of the previous fiscal. The unemployment rate for people aged 15 years and above in July-September 2022 was 7.2 per cent in urban areas, the 20th Periodic Labour Force Survey (PLFS) showed. It also showed that the unemployment rate among females (aged 15 years and above) in urban areas declined to 8.6 per cent in July-September from 9.4 per cent in the same quarter a year ago. It

J-K's unemployment rate dips to 4% from 5.2% in 2021-22: Officials

Jammu and Kashmir's current unemployment rate has decreased to around four per cent from 5.2 per cent in the financial year 2021-22, a senior official said. Director (Employment) Nisar Ahmad stated this during a meeting here to give an overview of the employment scenario in Jammu and Kashmir. "In the recent survey of the Ministry of Statistics and Programme Implementation (MoSPI), the unemployment rate in the Union territory has taken a dip and reduced to around 4 per cent from earlier 5.2 per cent (2021-22)", Ahmad said here. He said that the employment department is going to facilitate all those implementing employment generation schemes so that the rate of unemployment is brought to just 3 per cent, which is on par with the national average in the country. Speaking on the occasion, Secretary (Labour and Employment), Rehana Batul called upon all stakeholders to work towards further bringing down the unemployment rate of the UT and said that more than a dozen departments are worki

For his fourth term as CM, Gehlot faces challenge of job creation

In quest for a fourth term, the chief minister confronts the dual dilemma of rising unemployment and overskilled workers labouring for underpaid jobs in Rajasthan. ASHISH TIWARI reports from Jaipur

US job growth slows in October; unemployment rate rises marginally to 3.9%

The labor market is the major force behind the economy's staying power, with gross domestic product recording an annualized growth pace of nearly 5% in the third quarter

10% fewer fresh formal jobs created in April-August, shows EPFO data

Payroll data released by the EPFO showed that cumulatively 4.92 million new subscribers have joined the social security organisation between April-August this year

Employment creation in India has reached new heights, says PM Modi

The Prime Minister was referring to the Annual Periodic Labour Force Survey (PLFS) which was conducted by the National Statistical Office (NSO) and its results released earlier this week

Unemployment rate in India at its lowest level in 6 years: PM Modi

Prime Minister Narendra Modi on Thursday said India's expanding economy is creating new possibilities for the youth and the unemployment rate in the country is at its lowest level in the last six years. In a video message to the Kaushal Deekshant Samaroh of the Ministry of Skill Development and Entrepreneurship, the prime minister noted that new possibilities are being created for the youth as India's economy is expanding. He said that employment creation in India has reached a new height and the unemployment rate in India is at its lowest level in 6 years according to a recent survey. Noting that unemployment is decreasing rapidly in both rural and urban areas of India, the prime minister emphasised that the benefits of development are reaching both villages and cities equally, and as a result, new opportunities are increasing equally in both villages and cities. He also pointed out the unprecedented increase in the participation of women in India's workforce and credited the impa

NZ immigration hits all-time high as movement surges after pandemic lull

New Zealand's immigration numbers have hit an all-time high, enabling employers to fill jobs but also putting pressure on the housing market, according to economists. The net number of immigrants was 110,000 in the year ending August, beating the previous high of 103,000 set a month earlier, according to figures released Wednesday by Statistics New Zealand. The numbers represent a big turnaround after more people left New Zealand than arrived during much of the COVID-19 pandemic. We are talking very, very big numbers for a small economy like ours, said Jarrod Kerr, chief economist at Kiwibank. Kerr said the surge likely reflected pent-up demand that had built during the pandemic. He said it had come as a relief to employers, who last year were having great difficulty finding skilled workers to fill vacant roles. New Zealand's unemployment rate remains at a relatively low 3.6 per cent. But Kerr also cautioned the migrants would need a lot of resources, including tens of thousands o

India's jobless rate at 6-year low; wage employment share shrinks

The unemployment rate under the so-called "usual status" during the one-year period declined for the fifth consecutive year since its launch in April 2017