Page 14 - Unemployment

Unemployment, poverty on rise as country's assets are being sold: Baghel

Chhattisgarh Chief Minister Bhupesh Baghel on Saturday claimed that the country's assets were being sold one by one, which has led to the rise in unemployment and poverty

US Prez Biden dismisses fear of recession even as GDP doubles down

Joe Biden and top officials have dismissed fears of US economy sinking into a recession as doubling down of GDP growth rates in two successive quarters at around 0.9 per cent did not mean recession

Youth are country's 'asset', but BJP showing them as 'liability': Rahul

"Out of 22 crore youths who queued up for government jobs in the past eight years, 7.22 lakh got jobs, that is, only three out of 1,000," Gandhi said in a tweet in Hindi.

Chinese Gen Z are underemployed and lowering their ambitions: Report

A perfect storm of factors has propelled unemployment among 16- to 24-year-old urbanites to a record 19.3%, more than twice the comparable rate in the US

Future imperfect

The gradual loss of momentum of growth in sentiments can be traced to the deterioration in consumer expectations from the future

When 'egonomics' trumps 'economics...: Rahul's attack on price rise, debt

He shared a chart sharing such details and said while the government's debt in 2014 was Rs 56 lakh crore, it is Rs 139 lakh crore in 2022.

India can reach 8% sustained growth: Ex-NITI Aayog vice-chairman Panagariya

'I fully support the capex push. I do not believe in sector specific interventions', said Panagariya

Vulnerable jobs

While about 13 million lost jobs during the month, the count of the unemployed increased by only 3 million

Amid record high unemployment, can China employ all of its graduates?

Over the next few weeks, China will churn out a record 10.8 million college graduates. Finding them jobs is proving to be an unexpected headache for President Xi Jinping's government

Statsguru: Six charts show India's employment conundrum amid Covid-19

Business Standard guides you through the numbers you need to know to make sense of the headlines

The flawed rationale behind Agnipath

The global experience suggests a possible ideological basis for such schemes

US weekly jobless claims fall modestly; housing starts hit 13-month low

Weekly jobless claims fall 3,000 to 229,000; continuing claims rise 3,000 to 1.31 mn

India better placed than many others to avoid stagflation: RBI article

The article noted that global economic conditions continue to deteriorate as ratcheting up of commodity prices and financial market volatility have led to heightened uncertainty

Will PM Modi's 'one million job' drive help ease the employment crisis?

PM Modi announced to recruit 10 lakh people in Central govt in the next 18 months. The govt also announced a radical recruitment plan for armed forces. Will these solve India's unemployment problem?

Job at hand: India far behind other nations in public sector employment

India is still far behind the US, China and others in public sector employment

1 million govt jobs by 2024: PM Modi's order for hiring on 'mission mode'

Central govt depts, ministries told to identify vacancies at the earliest

Recruit 1 mn people in 'mission mode' in 1.5 yrs: PM Modi tells ministries

The unemployment rate in urban India for those aged 15 years and above slipped to 8.7 per cent in October-December 2021

Pakistan unemployment: 27.6% rise in people seeking jobs overseas

The Covid pandemic has given another blow to the opportunities for employment in Pakistan which is shrinking by the day.

Unemployment rate at 5.1% in May reaches new record low in Canada

The unemployment rate in Canada edged down 0.1 percentage point to 5.1 per cent in May, marking three consecutive months of decrease

Making urban MNREGA workable: A question of getting the structure right

The urban population is more educated and generally has a different set of job preferences than the rural