Page 12 - Unemployment

AAP prepares pitch for 2024 elections at its National Council met

The meeting concluded with the National Council noting the party's achievements over the last decade and passing resolutions against rising inflation and unemployment and Chinese aggression

SaaS major Freshworks lays off 90 employees globally; 60 in India

The company's founder chief executive, Girish Mathrubootham too termed it as a structural change, rather than a company-wide layoff

Malaysia's unemployment falls to lowest in Oct since Covid-19 pandemic

Malaysia's unemployment fell to the lowest level since the Covid-19 pandemic in October, reaching 602,000 persons, official data showed

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

Just when things look…: Beware the surprise that catches you unprepared

As the system emerges from the Covid trauma and India shifts its sights to long-term targets, attention must turn to the underlying weaknesses that may scupper ambitious aspirations, writes T N Ninan

Amid support for Modi, steady grumble about unemployment in Gujarat

Nearly 3.64 lakh educated and "semi-educated" youngsters had registered with employment exchanges across Gujarat till December 2021, according to state government data. Of them, the highest number of unemployed youths -- 26,921 -- were in Vadodara, followed by Ahmedabad (26,628), Anand (22,515), Rajkot (18,997) and Kheda (16,163) districts. The figures were shared by Labour, Skill Development and Employment Minister Brijesh Merja in his written replies to a set of questions by the opposition Congress during the State Legislative Assembly session in March. Unemployment remains a major issue in Gujarat even as the BJP-ruled state's governance model has been at the core of the Narendra Modi-led dispensation at the Centre. Polling to elect 182-member Gujarat Legislative Assembly is scheduled to be held in two phases on Thursday and December 5. In its recent report titled Unemployment in India - A Statistical Profile', the Centre for Monitoring Indian Economy (CMIE), a Mumbai-based pri

Urban unemployment rate drops for fifth quarter to 7.2%: NSO survey

The unemployment rate among men and women has been estimated at 6.6 and 9.4 per cent, respectively

Unemployment rate dips to 7.2% in July-September 2022: NSO survey

Unemployment rate for persons aged 15 years and above in urban areas declined to 7.2 per cent during July-September 2022 from 9.8 per cent a year ago, the National Statistical Office (NSO) said on Thursday. Joblessness or unemployment rate is defined as the percentage of unemployed persons among the labour force. Joblessness was high in July-September 2021 mainly due to the staggering impact of Covid-related restrictions in the country. The latest data based on a periodic labour force survey, underlining a decline in the unemployment rate amid an improved labour force participation ratio, point towards a sustained economic recovery from the shadow of the pandemic. The unemployment rate for persons aged 15 years and above in April-June 2022 was 7.6 per cent in urban areas, the 16th 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 9.4 per cent in July-September, 2022 from 11.6 per

Indonesian Internet firm GoTo lays off 12% of its workforce to reduce costs

According to TechCrunch, GoTo joins scores of local and global peers in its decision to cut the workforce to navigate the economic slowdown and rising interest rates

Skilled and unemployed: The world is staring at a huge structural problem

While the world can do something about the other big problem of global warming, there's nothing it can do about structural unemployment

Congress failed to keep up job promise in 2003, says Anurag Thakur

'Congress had promised an umeployment allowance for the jobless ahead of the 2012 state elections but failed to deliver on it as well'

Growing unemployment: Battle of two parallel realities

The duality between the ground reality of tangible unemployment and the perception created by events like "rozgar melas" will likely continue till the next general election

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

Legacy of Modi govt after 8 years, no jobs: Chidambaram attacks Centre

Senior Congress leader P Chidambaram on Saturday attacked the Centre over the issue of unemployment, alleging that the legacy of the Modi government after eight years is "no jobs". The Congress has been attacking the government over alleged lack of jobs for the youth and rising unemployment. "After 37 lakhs in Uttar Pradesh applying for Grade 'C' jobs, we have 35 lakh applicants for 40,000 Agniveer jobs. Is the government listening to the anguished voices of the young men: 'we are desperate, we have no choice'," Chidambaram said in a tweet. "That is the legacy of the Modi government after 8 years: NO JOBS," the former finance minister asserted. The unemployment rate is eight per cent, which is understated because of massive disguised employment, he added. "The September Monthly Review of the Ministry of Finance does not utter a word on unemployment!" Chidambaram said. The senior Congress leader has been alleging that the government's policies have resulted in worsening the econom

China's economic data shows mixed recovery as unemployment ticks up

Gross domestic product grew 3.9% in the July-to-September period from a year ago, rebounding from almost stagnant growth in the second quarter when Shanghai was still in lockdown

PM organises these publicity stunts to cover up failures: Derek O'Brien

TMC leader Derek O'Brien described the "Rozgar Mela" launched by Prime Minister Narendra Modi on Saturday as a publicity stunt and accused the government of having failed to deliver on its promises of providing employment. "Jumla Raja Prime Minister Modi had promised 16 crore jobs to the youth and failed to deliver. Data given by the Modi government inside Parliament shows that 22 crore people applied for government jobs since 2014, and only seven lakh got jobs," O'Brien, the leader of the TMC in Rajya Sabha, said in a statement. Modi launched the "Rozgar Mela" on Saturday to recruit 10 lakh people and underscored his government's efforts to create jobs in the last eight years amid the opposition's constant criticism of it on the issue of unemployment. As part of the recruitment drive, more than 50 Union ministers handed over appointment letters to thousands of youngsters at different locations across the country. The TMC MP said, "While there has been a 45 per cent decrease in ...

Inflation, unemployment key issues for people in Himachal, says Congress

The Congress has accused the BJP of "double standards" on the issue of dynastic politics in Himachal and said sons of some BJP leaders have been given tickets for the assembly polls in the state

When data faces reality

The employment reality is grimmer than what the household survey data tell us. This is true for Chhattisgarh as much as it is for Uttar Pradesh. And, also for other states

PM Modi will have to answer questions on inflation, unemployment: Rahul

Former Congress president Rahul Gandhi on Friday sought to know from Prime Minister Narendra Modi why inflation and unemployment were at a high and said the government will have to answer these questions. "Why is inflation at a 35-year HIGH? Why is unemployment at a 45-year HIGH? Why are 'Parathas' being taxed at 18% GST? Why are farm tractors being taxed at 12% GST? "Bharat Jodo Yatra will keep asking you these questions and more, Prime Minister. You will have to answer," Gandhi said on Twitter. The Congress leader is currently in Karnataka as part of the Bharat Jodo Yatra being taken out from Kanyakumari to Kashmir to highlight issues such as corruption, price rise, and unemployment.

India's unemployment rate of 6.4% in September is the lowest in four years

It was rural India that made the bigger con­tri­bution to the turnaround in labour conditions