Page 23 - Unemployment

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

India tally rises to 440K; Patanjali launches ayurvedic drug for Covid-19

According to government data, the situation in India is not as alarming as some of the other countries, given a limited spread on a per-capita basis

Best of BS Opinion: Recovering from Covid-19, unemployment rate, and more

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

As US states continue to reopen, unemployment claims down to 1.54 million

The new report also showed that the four-week moving average, a method to iron out data volatility, decreased by 286,250 to reach 2 million

US unemployment rate soars to post-WWII record high: Federal Reserve

The central bank's remarks were part of its Monetary Policy Report submitted to Congress on Friday

World coronavirus dispatch: Symptomless spread is 'rare', says WHO

From England's study of coronavirus in schools, to why World Bank says it may be worst economic crisis since WW-II, and Alibaba recruiting 5,000 people - read these and more in today's world dispatch

CPHS unemployment estimates are conservative

Headline numbers suggest an improvement in labour markets during 2018-19 compared to the situation in 2017-18