Page 3 - Unemployment

Urban unemployment rate unchanged at 6.4% in Q3FY25, shows PLFS data

Female jobless rate improved to 8.1% in Q3: PLFS data

Unemployment rate in urban areas dips to 6.4% in December quarter: NSSO

The unemployment rate for people aged 15 years and above in urban areas dipped to 6.4 per cent in the October-December quarter, according to the National Sample Survey Survey (NSSO). Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force. The unemployment rate in the December quarter of FY24 was 6.5 per cent. However, the rate stayed flat when compared sequentially. In the preceding July-September quarter of FY25, the rate of unemployment for people aged 15 years and above in urban areas was at the same level of 6.4 per cent, the 25th Periodic Labour Force Survey (PLFS) showed. The unemployment rate among females (aged 15 years and above) in urban areas declined to 8.1 per cent in October-December 2024 from 8.6 per cent in the same quarter a year ago. The rate was 8.4 per cent in July-September, 2024. Among males, the unemployment rate in urban areas remained flat at 5.8 per cent in October-December 2024 as compared to the rate of

Opposition targets govt over rising inequality, inflation, lack of jobs

Opposition parties on Monday attacked the Union government on various issues, including rising inequality in terms of income amid rising inflation and joblessness in the country. Participating in the discussion on Union Budget 2025-26 in the Rajya Sabha, DMK MP Tiruchi Siva said the Union Budget shows the government's priorities and intent. "The Budget is not merely a statement of accounts, but one of intent. Our Prime Minister has described this Budget as a roadmap for Viksit Bharat. But the numbers reveal that the path seems only a mirage," he stated. He noted that the Budget was presented as a proclamation of progress but it conveniently hides the realities of the time like stagnant growth, growing inequality, and a sizable demographic dividend slipping off the fingers. "This government's policies have only enriched the privileged few, leaving behind a section of people with joblessness, inflation, and shrinking opportunities," Siva said. He noted that 1 per cent of people in t

Govt to roll out monthly unemployment figures from April for data accuracy

Until now, the government released only quarterly unemployment figures for urban areas and combined annual data for urban and rural areas

'Neither UPA nor NDA solved unemployment issue': Rahul Gandhi in Parliament

Congress MP Rahul Gandhi on Monday admitted that both the Congress-led UPA and BJP-led NDA failed to tackle India’s persistent unemployment crisis.

Rahul slams Centre on jobs, China, economy in fiery Budget session speech

While he acknowledged that Prime Minister Narendra Modi tried to boost domestic manufacturing through 'Make in India' initiative, he quickly added that it failed to bring the desired outcome

Economic Survey 2024-25: Services, debt improve external situation

Unemployment rates in urban and rural areas have declined

Chinese firms rent fake office spaces for unemployed to 'pretend to work'

To avoid the stigma of unemployment, individuals in China are renting fake office spaces for around $4 a day, enabling them to maintain appearances with family and friends

'Digital timepass' is India's 'lying flat': How boredom became a business?

In smaller Indian cities and towns, where opportunities for advancement are few and dwindling, the nounis emerging as something of a social and cultural phenomenon

Modi govt's initiatives reduced brain drain of youth, says CR Patil

Hitting out at Congress for "failing" to address the unemployment issue during its decades in power, Union Jal Shakti Minister C R Patil on Thursday claimed that the initiatives taken by the BJP-led NDA government has reduced brain drain of the youth. Addressing a press conference, Patil said now even those who went abroad are returning and contributing to the nation's progress. Responding to a question, the Union minister alleged that the challenges faced by the nation today are a direct result of the Congress' inability to deliver during its 70-year tenure. "The Modi government has been in power for 10 years. What did they (Congress) do in the 70 years before that? "If they had worked properly, Modi ji wouldn't have to make so much effort now," Patil remarked. He also pointed to the government's free foodgrain distribution scheme for 80 crore people, saying, "Today, the need to distribute 5 kg of free food grains wouldn't have arisen. The fact that 80 crore people still require

Vijay Vasanth moves adjournment motion to discuss 'unemployment crisis'

Vasanth cited the Periodic Labour Force Survey (PLFS) report and said there has been no substantial improvement in employment between July 2023 and June 2024

Employability among Indian graduates improves to 54.81%: Wheebox report

As the demand for talent continues to rise, a report on Tuesday revealed that employability among Indian graduates has seen a steady rise, reaching 54.81 per cent as per a recent test. The employability among graduates for the year is calculated from the Global Employability Test (GET) in the previous year. In the previous test, employability among Indian graduates stood at 51.25 per cent, according to Wheebox ETS India Skills Report 2025. "This decade belongs to India as a leader in global talent mobility. This decade must be focused on quality of skills training that shall make a stark difference for international mobility. Long term and internally certified skill programs with embedded language training will be the winning bet to provide early work opportunities. The skilled and certified talent from India provides a unique advantage and leverage to India," Nirmal Singh, Chief Convenor of India Skills Report and Wheebox CEO added. India Skills Report is based on data from over 6

US hiring rebounds, but rising unemployment keeps Fed rate cut alive

Nonfarm payrolls rose 227,000 last month following an upwardly revised 36,000 gain in October according to Bureau of Labor Statistics figures released Friday

BJP govt has no answers on Maharashtra's rising unemployment: Chidambaram

He urged the people to think carefully before voting for their government

Around 40% blue-collar workers actively looking for job change: Report

With attrition rate as high as 40 per cent in the blue-collar job segment, a recent report revealed that over 40 per cent of those interviewed are still actively seeking new opportunities. Over 40 per cent of participants are currently employed but actively seeking new job opportunities, according to a report by blue-collar hiring platform WorkIndia. The report revealed that the quest for a better salary is a significant motivator, with 22 per cent of respondents indicating that financial compensation is their primary reason for job hunting. Additionally, 20 per cent of respondents cited career growth opportunities as a driving factor, while another 20 per cent noted personal motivations such as relocation, completing education, or changes in family circumstances, it stated. The report is an analysis based on inputs from 1,100 respondents on the WorkIndia platform. It further revealed that many experienced candidates feel they need to be more fulfilled in their current roles, ...

US weekly unemployment claims unexpectedly fall 19,000 to 241,000

Initial claims for state unemployment benefits dropped 19,000 last week to a seasonally adjusted 241,000 for the week ended Oct. 12

Minority report: Unemployment rate among religious minorities up in 2023-24

But was down from the pre-Covid year

US unemployment benefit claims jump to 258,000, at highest level in a year

The number of Americans filing for for unemployment benefits last week jumped to its highest level in a year, which analysts are saying is more likely a result of Hurricane Helene and the Boeing machinist strike than a broader softening in the labour market. The Labor Department reported Thursday that applications for jobless claims jumped by by 33,000 to 258,000 for the week of October 3. That's the most since August 5, 2023 and well above the 229,000 analysts were expecting. Analysts highlighted big jumps in jobless benefit applications last week across states that were most affected by Hurricane Helene, including Florida, North Carolina, South Carolina and Tennessee. Claims will likely continue to be elevated in states affected by Helene and Hurricane Milton as well as the Boeing strike until it is resolved, said Nancy Vanden Houten, lead US economist of Oxford Economics. We think, though, that the Fed will view these impacts as temporary and still expect it to lower rates by (

Govt to set up 10 new ESIC medical colleges, extend unemployment allowance

The government will set up 10 new ESIC medical colleges and extend the unemployment allowance scheme for ESI Corporation members until June 2026, the Labour & Employment Ministry said on Tuesday. Labour & Employment Mansukh Mandaviya at a meeting of ESI Corporation here announced several key decisions for further strengthening the infrastructure and medical facilities of ESIC, the ministry said in a release. Mandaviya announced the establishment of 10 New ESIC Medical Colleges across various locations in the country. This decision will support the announcement made by Prime Minister during the independence day (2024) speech of creating new 75000 medical seats in the next 5 years, the ministry said. He has given extension to Atal Beemit Vyakti Kalyan Yojna for a period another two years starting July 1, 2024 upto June 30,2026. The scheme introduced in 2018 intends to provide support in the form of an Unemployment Allowance during the period when an insured person searches for a

BJP's 'unemployment crisis' endangers youth's future in Haryana: Rahul

Leader of Opposition in the Lok Sabha on Friday alleged that the "disease of unemployment" spread by the BJP has put the security of Haryana and the future of the youth in "deep danger", and asserted that a Congress government will ensure that employment returns and every family is prosperous in the state. Gandhi shared on X a video of his interaction with a group of women during his recent Vijay Sankalp Yatra. Along with the video, he said in his post on X, "The disease of unemployment spread by BJP has put the roots of Haryana, the future of the youth and the security of the state in deep danger." "Some sisters of Haryana gave shelter during the Vijay Sankalp Yatra, fed homemade rotis with great love and also explained the complex problems of the state," Gandhi said. Today, Haryana has the highest unemployment in India, he said. "The reason for this is - BJP has broken the backbone of every system that provides employment to the youth of the state in a decade," he alleged. The