Page 22 - Unemployment

Covid-19 impact on GDP to be felt for years in advanced economies: Fitch

Huge uncertainties surround the economic outlook in aftermath of the massive shock in H1 2020

Govt showing people buoyant dreams despite its failures: Rahul Gandhi

Congress leader Rahul Gandhi on Tuesday accused the government of taking away people's jobs and savings, failing to stop the spread of coronavirus and still showing them "lofty false dreams"

What's at stake in the battle over US unemployment benefits in Congress?

Unemployment benefits to help laid-off Americans cover their bills as they look for work. They typically cover only a fraction of a worker's prior earnings

Gold price today: Rs 50,703 per 10 gm, silver climbs to Rs 60,785 per kg

In New Delhi, the price of 22-carat gold rises to Rs 49,000 per 10 gram

Emerging stronger from the Covid-19 crisis

Five changes can help India's large businesses position themselves for long-term success

EPFO records 318,000 new enrolments in May amid Covid-19-induced lockdown

Provisional payroll data released by the EPFO last month showed that net new enrolments stood at 133,000 in April this year

Covid-19: Jobless Americans could lose a crucial $600-a-week lifeline

Policy makers are at a standstill in their talks for more stimulus, and whether to include an extension of the extra unemployment benefits

The June recovery and beyond

There will be a limit to the immediate recovery that we witnessed in June

Covid-19 left 147 mn unemployed, global consumption loss at $3.8 trn: Study

Decisions made in response to the pandemic could shape the future of humanity, says study published in journal PLOS ONE.

France begins investigating Covid-19 unemployment fraud worth millions

Criminals took advantage of an unemployment scheme, successfully obtaining more than 2 million euros from the state that did not go to workers

World Coronavirus Dispatch: US cases surge past three-million mark

UK's latest $38 billion stimulus, Canada fiscal deficit seen at 14% of GDP, Pakistan to re-open schools in September 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

Priorities for the Covid-19 economy

The most urgent policy priorities have been obvious since the beginning, but they will require a show of political will

India's electricity output signals recovery in June, shows govt data

June power generation fell 9.9%, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3% decline in May.

Another Covid-19 wave can result in loss of 340 million jobs: ILO

The number of working hours lost across the world in the first half of 2020 was significantly worse than previously estimated.

Letter to BS: Amid layoffs across sectors, it's wise to hold on to your job

Clearly there is going to be a massive pressure for jobs in most markets

India's unemployment rate fell to 11% in June from 23.5% in May: CMIE

The fall in jobless rate came as economic activities resumed after government eased pandemic lockdown restrictions

Best of BS Opinion: Dealing with national crisis, protecting press freedom

Here's a selection of Business Standard Opinion pieces for the day

A push for labour-intensive manufacturing

Given the widespread loss of jobs and incomes, there is an immediate need to accelerate the pace of job creation

COVID-19: Bring MNREGA-like scheme in urban areas to help unemployed, Gehlot tells Puri

Livelihoods of a large section of people in urban areas have been affected due to the pandemic, the Rajasthan CM said in a letter to Hardeep Singh Puri