Page 10 - Unemployment

Zimbabwe ranked world's most miserable country; here's where India stands

Unemployment was the leading source of unhappiness in the United States, which ranked 134th on Steve Hanke's Annual Misery Index list

US unemployment claims tumbled last week after fraud-inflated jump

Some economists have been wary about drawing strong conclusions from the data amid reports that fraudulent claims have been behind the recent upward trend in filings

China recovery faces pressure after April activity weak, unemployment rises

Chinese leaders face pressure to shore up a slowing economic recovery and generate jobs after consumer spending and other activity in April were weaker than expected and a survey found 1 in 5 young workers in cities was unemployed. Retail sales accelerated following the end of anti-virus restrictions in December but were below forecasts, official data showed Tuesday. Factory output edged down compared with March. Chinese economic activity has improved while the US and European economies are cooling after interest rate hikes to extinguish inflation. But consumers, uneasy about possible job losses, are returning to shops and restaurants less quickly than expected. The pace of recovery has slowed sharply, said Larry Hu and Yuxiao Zhang of Macquarie in a report. Growth in retail sales accelerated to 18.4% over last year's depressed level in April, but that was below private sector expectations of up to 35%. Factory output rose 5.6% over a year ago but was off 0.5 percentage points fro

Unemployment rate rises in April

The notable rise in LPR and employment rate in India in the month of April reflects an increase in willingness among people to seek employment

What about 'Mann ki Baat' on inflation and unemployment? Maha Cong chief

Maharashtra Congress president Nana Patole on Sunday wondered when Prime Minister Narendra Modi will do a 'Mann ki Baat' on issues such as inflation and unemployment. On a day when the 100th episode of PM Modi's monthly radio programme was aired, Patole said the prime minister should clarify his ties with businessman (Gautam) Adani. ''Instead of talking about other things, Modiji should tell people about his relationship with Adani," the Congress leader told reporters. "The 100th episode of PM Modi's 'Mann Ki Baat' was celebrated with great fanfare. During these 100 episodes, PM Modi never mentioned the burning issues of the country such as inflation, unemployment, the collapsing economy, encroachment by China, sexual abuse of women wrestlers by BJP MP, '40% corrupt' government in Karnataka, farmers etc," Patole alleged. In a dig, he said in a democracy one should do 'janta ki baat' by speaking about the issues of the masses and not 'Mann Ki Baat'. He said the people of the countr

Jharkhand Congress observes fast to protest against inflation, unemployment

The Jharkhand unit of Congress observed fast as part of its Jai Bharat Satyagraha' programme here on Wednesday to protest against inflation and unemployment in the country. State ministers Rameshwar Oraon, Badal Patralekh and Banna Gupta and many other Congress leaders assembled at Bapu Vatika at Morabadi ground in Ranchi, holding placards with Daro Mat' (Don't be afraid) written on these. Speaking on the occasion, Jharkhand Congress president Rajesh Thakur said their party leader Rahul Gandhi led a 4,000 kilometre-long yatra from Kanyakumari to Kashmir to "protest against inflation, unemployment and hate spread by the BJP" across the country During the yatra, people told him about their sufferings. When our leader Rahul Gandhi raised questions over inflation, unemployment and the relationship between Adani group and the BJP government in view of Hindenburg Research allegations, his membership of Lok Sabha was cancelled, Thakur said. Gandhi, representing Wayanad parliamentary ...

US unemployment claims tick up to 245,000, but still low by standards

The number of Americans applying for unemployment benefits rose last week but remains low by historic standards. U.S. jobless claims rose by 5,000 to 245,000, the Labour Department reported Thursday. The four-week moving average of claims, which evens out week-to-week ups and downs, fell by 500 to 239,750. At the start of the year, weekly claims were running around 200,000 and they have gradually moved higher. The weekly claims numbers are a proxy for layoffs, and they show that American workers enjoy unusual job security despite rising interest rates, economic uncertainty and fears of a looming recession. The U.S. job market is healthy overall. At 3.5% last month, the unemployment was a tick above January's half-century low 3.4%. Employers added 236,000 jobs in March, down from 472,000 in January and 326,000 in February but still strong by historic standards. The inflation fighters at the Federal Reserve worry that a tight job market puts upward pressure on wages and on overa

The employment challenge in Andhra

The unemployment rate in Andhra Pradesh was significantly lower among people with lower levels of education

BJP stages protest march against KCR govt over 'unemployment' in state

Bandi Sanjay, the chief of the BJP's Telangana unit, said, "We will not be afraid even if cases are registered against us. We will keep fighting against this government"

Job aspirants from across country form collective for 'right to employment'

More than a hundred organisations including job aspirants' collectives have joined hands to form a youth alliance named 'Sanyukt Yuva Morcha' with an aim to shape a "nationwide youth movement" for employment, a member of the group said on Tuesday. The group said it will launch campaigns for a 'right to employment' as a legal guarantee for every adult, and will also fight for a basic minimum wage. The group will also demand filling up of all vacant posts in the public sector in a "fair and time bound manner." Bihar and Madhya Pradesh teacher aspirants, Uttar Pradesh police candidates, army and railway candidates, ASHA workers, and several other such groups have come together from over 22 states including Punjab, Tamil Nadu, Kerala, and Jammu and Kashmir to take the campaign forward, according to a statement by the group. Advocate Prashant Bhushan, who is backing the campaign, said that the group has the "potential to become a movement bigger than the Lokpal." "There is a lot of ...

Free electricity, jobs for unemployed if AAP forms govt in Assam: Kejriwal

Delhi Chief Minister Arvind Kejriwal on Sunday promised free electricity and jobs for all youths in Assam if his Aam Aadmi Party (AAP) is voted to power in the Northeastern state. He also claimed the AAP government changed the face of Delhi in seven years, and that nothing but dirty politics took place in Assam, even though BJP has been in power in the state for the same duration. AAP governments in Delhi and Punjab are giving free electricity to their states, and it will be the same in Assam, too, if the party forms government, Kejriwal said at a rally here. He promised jobs for all unemployed youths of Assam if AAP is voted to power, adding that the party has given employment to 12 lakh people in Delhi in seven years, and 28,000 people in one year in Punjab. Kejriwal also assured of providing piped water to all households of Guwahati within a year of the AAP government in the state. "AAP came to power in Delhi in 2015 and the BJP here in 2016. Today, we have changed the face of

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

Employment in agriculture soars in Maharashtra

The largest provider of employment in Maharashtra is the agricultural sector

Pak's effort to curb trade deficit leads to rising unemployment: Report

Curbing imports of raw materials to improve the trade balance is tantamount to cutting one's nose to spite one's face," according to the Dawn

TMC to raise Adani issue, price rise in 2nd leg of Budget Session: O'Brien

The TMC will raise in Parliament issues such as the LIC and SBI's risk exposure, price rise of essential commodities, unemployment and "misuse" of central agencies during the second phase of the Budget Session, its Rajya Sabha floor leader Derek O'Brien said Wednesday. He said West Bengal Chief Minister and TMC supremo Mamata Banerjee and the party's all-India general secretary Abhishek Banerjee decided on the floor strategy in a meeting also attended by the party's floor leaders of the two Houses. Sudip Bandyopadhyay is the TMC's Lok Sabha floor leader. O'Brien said that LIC's exposure to the Adani Group and price rise affect the lives of the common man and should be highlighted. The LIC and SBI's exposure to the Adani group were raised by the opposition parties in the first leg of Parliament's Budget Session which saw multiple disruptions. The Trinamool Congress will also raise the issue of "political vendetta" against non-BJP ruled states in Parliament and also question the Uni

Violence against women a hidden issue in country: Rahul at London event

Rahul Gandhi, during an interaction with the Indian diaspora in London, said that he found during the Bharat Jodo Yatra that the main issues in the country are price rise and violence against women

Over 1.84 mn unemployed candidates registered with Rajasthan govt

Over 18.4 lakh unemployed candidates are registered with the Department of Skill, Employment and Entrepreneurship of the Rajasthan government, out of which 1.9 lakh eligible candidates are getting unemployment allowances. Replying to a question raised by BJP legislator Satish Poonia during the Question Hour in Rajasthan Assembly on Tuesday, the state government said there are 18,40,044 registered unemployed candidates, including 11,22,090 men, 7,17,555 women and 399 others as on February 21, 2023. Rajasthan minister Ashok Chandna said 6,22,043 candidates have benefited till February 21, 2023 under the scheme, out of which unemployment allowance is being given to 1,90,873 eligible candidates, including 1,07,431 men and 83,442 women. The government noted that employment assistance camps are also being organised to provide jobs to the youth of the state. From January 2019 to January 2023, a total of 1,062 employment support camps were organised and 1,08,890 youngsters benefitted from

Unemployment rate at 5-year low of 4.1% in 2021-22, shows PLFS data

Quarterly PLFS survey for urban India shows unemployment rate stagnated at 7.2% after declining for five consecutive quarters

Unemployment rate dips to 7.2% in October-December 2022: Govt survey

Joblessness was high in October-December 2021 mainly due to the staggering impact of Covid-related restrictions in the country

Unemployment rate falls, but still too high

India, incidentally, was the fastest country to report the unemployment rate for the month of January 2023