Page 27 - Unemployment

Unemployment rate in India rose to a three-year high of 8.5% in Oct: CMIE

Unemployment was worse only in the pre-demonetisation period, according to the data, at 9.6% in August 2016.

India's Oct unemployment rate rises to 8.5%, highest in over 3 years: CMIE

India's infrastructure output fell 5.2% in September from a year earlier, the worst performance in years

US Fed cuts key rate by 25 bps, but signals pause in its easing cycle

The Fed said it will 'monitor the implications of incoming information for the economic outlook as it assesses the appropriate path' of its target interest rate

Low-skill jobs dominate

May-August 2019 is also the second consecutive complete Consumer Pyramids Household Survey to have recorded a sequential increase in employment

Rural unemployment rises, urban stabilises

The rural unemployment rate in the week ended October 6 was 8.3 per cent and in the second week it was 8.2 per cent

Best of BS Opinion: Educated unemployed mark India's looming crisis

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

For tech-savvy urban Indians, joblessness is the main worry: Ipsos survey

The survey is based on 19,520 interviews of the people who know how to use internet

After corporate debt, retail loans face stress amid unemployment, slowdown

The govt has unveiled steps ranging from concessions on vehicle purchases to hastening of capital infusion in state-run banks to help re-ignite an economy that's slowed sharply due to weak consumption

Unemployment now in the 8-9% range

While the weekly unemployment rate was over 9% during the week ended August 25, the 30-day moving average on the same day was 8.25%

Unemployment major challenge for India but reforms would create jobs:IMF

IMF exuded confidence that the reforms being carried out in India in the last few years would end up creating new jobs in the country

Massive job losses reveal India is failing to reap its demographic dividend

With unemployment at a 45-year high, poor health and low levels of education, India's demographic dividend is at risk

Slowdown in auto sector: More layoffs coming in sales, R&D, says industry

With the deepening crisis in auto sector, which has seen the worst volume plunge in two decades in July, independent HR industry feels the maximum impact will be on temporary workers followed by service roles in sales & marketing along with R&D as OEMs are forced to cut production. While media reports say the sector has already culled 3.5 lakh jobs since April, the national OEM body Siam Tuesday said at their level itself more than 15,000 jobs were laid off this fiscal, and thousands lost their livelihood at the dealerships side where hundreds of them have been shuttered. The Automotive Component Manufacturers Association had last month warned that of 1 million potential job losses and called upon the government to do something urgent to arrest the deepening slowdown. The sector employs over 35 million, directly and indirectly and accounts for nearly half of the country's manufacturing output. The auto sector has been on a downhill since the past 18 months or so .

Auto sector workers seek govt intervention to prevent job losses

Employees cited that till now job losses have mainly occurred on the part manufacturers' side, however, if the current market conditions prevail then downsizing might become a reality even in the OEMs

EAC-PM sets up task force on employment; to submit suggestions to Modi soon

The first priority of the task force will be to draft a note suggesting ways to revive growth and employment, said officials aware of the task force's work

Govt's silence dangerous: Priyanka on reports of threat to 1 mn auto jobs

Priyanka Gandhi tagged the media report on Twitter which said auto parts industry is fearing that 1 million jobs could be at stake due to the slowdown

Shekhar Gupta: Cities of misery

India's big cities are rotting, growing into massive, self-governing slums. When attempts are made to fix them, coral comes in the way, like in Mumbai

Best of BS Opinion: India's governance deficit, from cities to companies

From bank nationalisation to Karnataka drama, here are the best of Business Standard Opinions for the day

American experience suggests that an educated workforce may be overrated

This isn't to belittle the value of higher education; a tight labour market won't reduce the need for degrees for engineers or lawyers

Highest urban unemployment, but more formal jobs in the last 13 yrs: Report

Jobs for those with social security benefits, the most important measurement of such employment, rose during the last 13 years

Centre, states should reform labour laws for investments, jobs: SBI report

SBI in its research report 'Ecowrap' said investors look for stability and sustainability. Land and labour resources are critical for them to firm up their investment plans, it added