Page 2 - Unemployment

At 18.9%, China's youth unemployment rises to highest level since 2023

A record 12.2 million university students graduated this summer, with many of them joining a job market that was strained by deflationary pressures and external uncertainties

India's jobless rate at 4-month low of 5.1% in August, shows PLFS data

The headline unemployment rate for people of age 15 and above in the current weekly status (CWS) terms for rural areas fell further to 4.3 per cent in August

Datanomics: Slack in informal manufacturing in pre-tariff quarter

First-ever quarterly estimates of unincorporated enterprises show job and enterprise losses in manufacturing, raising concerns over India's growth outlook

US weekly jobless claims jump to 235,000, highest level since June

Economists said the continuing claims trend was consistent with the unemployment rate rising to 4.3 per cent in August from 4.2 per cent in July

Can the employment-linked incentive scheme address India's jobs challenge?

The ELI scheme aims to support employment generation of more than 35 million jobs in two years with an outlay of Rs 1 trillion

Official India jobless data not accurate, say top economists: Poll

India is the world's fastest-growing major economy at an annual rate of 7.4% in the January-March quarter, but so far growth has failed to create enough well-paying jobs for millions of young people

India's demographic edge at risk as jobseekers are short on key skills

India has entered a rare demographic window with a young, growing workforce. But without the right jobs and skills, this opportunity could slip away, locking the country into long-term poverty

Youth unemployment rises to 15.3% in June, labour participation dips

Youth unemployment rose for the second month in a row as labour participation fell in June, with a sharper increase in urban joblessness, PLFS data from NSO shows

Bihar Cabinet approves proposal of 10 mn jobs, employment opportunities

The Bihar Cabinet on Tuesday cleared a proposal of 'one crore jobs and employment opportunities' in the next five years. The Cabinet meeting on Tuesday, chaired by Chief Minister Nitish Kumar, approved the proposal of the Labour department in this regard and also decided to constitute a 12-member committee headed by the Development Commissioner to explore the possibilities and take decisions in this effect. The CM on Sunday had announced that "For the next five years (2025 to 2030), we are setting a target to double the 2020-25 goal by providing government jobs and employment opportunities to one crore youth. To achieve this, new job and employment opportunities will also be created in the private sector, particularly in industrial areas. For this purpose, a high-level committee is being constituted. Soon after the Cabinet meeting, Additional Chief Secretary (Cabinet Secretariat) S Siddhartha told reporters, "The state Cabinet on Tuesday approved the Labour department proposal to ..

Canada records surprise job gains in June as unemployment rate dips to 6.9%

The economy added 83,100 new jobs in June, the first net increase since January, Statistics Canada said. Most of the employment growth was in part-time work

US jobless claims dip, but rising benefit rolls hint higher unemployment

Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 236,000 for the week ended June 21, the Labor Department said on Thursday

Labour participation: Revamped PLFS data should help policymaking

The unemployment rate in urban areas stood at 6.5 per cent as against 4.5 per cent in rural areas

Statsguru: May Day brings focus on future uncertainties for workers

The social protection framework also remains limited in its reach. As of 2022, less than half (48.8 per cent) of the population was covered by at least one form of social protection

Govt to release monthly unemployment data from May 15 for first time

The first set of data will include the figures from January, February and March and thereafter it will be released every month

Unemployment rate marginally declines to 4.9% in 2024, shows PLFS data

The data based on "current weekly status" showed a marginal decline in rural unemployment (from 4.3 per cent to 4.2 per cent), with slight reductions for both men and women

Oppn fumes over MP govt's 'aspirational youth' label for unemployed people

The Madhya Pradesh government's decision to label unemployed youths in the state as "Aakanshi Yuva" (aspirational youths) has invited criticism from the opposition Congress, which accused it of making a mockery of jobless persons. The state's Rojgar Portal used the term "Aakanshi Yuva" while listing the number of unemployed youths in Madhya Pradesh and displayed their numbers as more than 29.37 lakh. Minister of State for Technical Education and Skill Development Gautam Tentwal on Saturday said that the government's thinking behind Aakanshi Yuva is that youths working in government or non-government jobs aspire to get higher positions, and unemployed youngsters aspire for jobs and get registered in the employment office. Defending the government's move, BJP spokesman Pankaj Chaturvedi told PTI, "The Bharatiya Janata Party government's efforts in Madhya Pradesh and the country is to provide employment, i.e., self-employment. That is why the state government organised a mega global ..

Unemployed in MP? Govt will now refer to you as 'aspirational youth'

In a written reply to the MP Assembly, minister Gautam Tetwal said more than 26 lakh unemployed youths were registered on MP Rojgar Portal, a portal for jobseekers in the state

Govt working on single job portal for recruitment: Jitendra Singh

The Centre has started working on creating a single job application portal for all government recruitment, Union Minister Jitendra Singh said on Saturday. He said the aim behind the portal is to ease the burden on job seekers so that they save time and energy from applying across multiple platforms. Chairing a high-level meeting at the Department of Personnel and Training (DoPT) in North Block here, Singh emphasised the government's commitment to streamlining the recruitment process and enhancing governance through technology-driven reforms. He instructed the creation of a single job application portal' to ease the burden on job seekers and save their time and energy from applying across multiple platforms, according to a Personnel Ministry statement. Later, talking to PTI, the minister said, "The work has already begun. We will try to complete the work in a time-bound manner. It will help job seekers a lot," said Singh, the Minister of State for Personnel. He also hailed the ...

Bai Lan movement: Why Chinese youth are 'lying flat' and 'letting it rot'

The West 'quiet quits', the Chinese choose 'Bai Lan': How youth is rejecting hustle culture amid rising unemployment

Urban youth unemployment rate up in 4 states and 2 UTs: PLFS data

On the other hand, the unemployment rate among urban youth declined in five major states. These are Gujarat, Maharashtra, Uttar Pradesh, Chhattisgarh and Kerala