Page 8 - Unemployment Rate

Employment rate continues to fall

Employment has been falling since January 2021 when it had touched a recent peak of 400.7 million. It has fallen in each of the four months since then

Adrift in April

Low employment rates and low labour participation rates leave enough people free to participate in endless political rallies and mammoth religious congregations

Recruitment activity logs 2% drop in March over previous month: Report

Main drag was a decline in job postings in sectors

Return to a declining gradient

The small fall in the unemployed we see does not imply that more people got employment

Wall Street slips at open on gloomy jobless claims data, tech slide

The Dow Jones Industrial Average fell 54.4 points, or 0.17%, at the open

Year begins well as January recovers employment loss of past three months

Employment in India is still lower than it was before the lockdown, but there are lesser unemployed people willing to work as well. The recovery is still incomplete but, we made good progress in Jan

European Union unemployment rate rose to 7.5% in Dec 2020

The EU unemployment rate in December 2020 had increased to 7.5 per cent, remaining largely stable compared to the previous month

Slowing economy drove urban unemployment to four-quarter high in Q4FY20

The spike in the rate could also be attributed to a slightly higher willingness among women to participate in the job market

India's October unemployment rate climbs up to 6.98%, CMIE data shows

India's unemployment rate in October rose to 6.98% from 6.67% in September, according to data released by the Centre for Monitoring Indian Economy

Urban joblessness up in six states in July-Sept 2019, Gujarat worst hit

Sharpest decline in unemployment rate was seen in Haryana, from 11.5% in April-June 2019 to 7.5% in July-September 2019

Rajasthan unemployment rate at 17.5% in August, double the national avg

The national average unemployment rate in the same month was 8.35 per cent

Spain's unemployment rises amid new Covid outbreaks, tourist restrictions

The number of jobless people rose by 0.79% in August, bringing the total of people out of work in Spain to 3.80 million people and bringing to a halt a positive trend that began in May

Rahul Gandhi attacks Centre on unemployment, says '1 job, 1000 unemployed'

Congress leader Rahul Gandhi again targeted the Central government over the issue of unemployment, asking what has been done to the country as there is "1 job and 1000 people are unemployed".

First into the coronavirus slump, China is proving the fastest out

An industry-powered rebound is pushing the Asian nation out of the historic first-quarter slump and toward the prospect of being the only major economy to expand this year

French unemployment rate hits 37-year low in Q2 2020 as lockdown bites

The jobless rate fell to 7.1%, from 7.8% in the first quarter, dropping to its lowest since the second quarter of 1983, when it stood at 7.0%

Best of BS Opinion: Mismanaged transitions, policy debates, and more

Business Standard opinion pieces for the day, among other things, talk about how the government should move forward in policymaking

Unemployment rate in West Bengal declined by 40%: Mamata Banerjee

West Bengal CM Mamata Banerjee claimed that the unemployment rate in the state has been reduced by 40 per cent at a time when the country is witnessing an all time high of 24 per cent joblessness

Singapore's jobless rate jumps in Q2, nearing financial crisis peak

The overall unemployment rate climbed from 2.4% in the first quarter, moving within sight of a 3.4% peak hit during the global financial crisis of 2009

World Coronavirus Dispatch: UK sheds 650,000 jobs under Covid lockdown

China first major economy to rebound, Texas readies morgue trucks, Australia expands wage subsidy scheme 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