Page 8 - Unemployment

Rahul Gandhi, Kharge identify unemployment, inflation as key problems

Cong picked Nagpur to mark its foundation day and launch its LS campaign, 'Hum Tayyar Hain', given the city's salience in shaping the ideological contours of the last hundred years of Indian politics

New US unemployment benefits claims rise again as labor market cools

The figures tend to be volatile around the holidays. The four-week moving average, which offers a clearer picture of the trend, was little changed at 212,000 last week, the lowest since late October

Unemployment most burning issue in country: Congress President Kharge

Unemployment is the most burning issue in the country, Congress president Mallikarjun Kharge said on Sunday. In an apparent attack on the BJP-led Centre, Kharge said in a post on X in Hindi, "The youth of the country are asking where are the two crore jobs per year? Why is the process between recruitment exams and securing a job so complicated?" "Unemployment is the most burning issue in the country," he said. Citing the periodic labour force survey (PLFS) of July 2022-June 2023, he said, "The unemployment rate for persons aged 15-?29 years is 10 per cent." Quoting the PLFS data, the Congress president said rural unemployment in the country in the age group of 15-19 years stood at 8.3 per cent in the July 2022-June 2023 period, while urban unemployment for the same category in this period was higher at 13.8 per cent. "Why was the MSME sector destroyed, jobs of crores of youth were snatched away and their future ruined?" his post added.

'Discontents' notwithstanding, India has done well in last quarter century

While India should be concerned about disparities, the fact is that whereas three decades ago about half the people had incomes greater than $2.15 a day, today seven out of eight do, writes T N Ninan

Blue-collar workforce in India saw 7% rise in hiring in 2023: Indeed report

Indeed, a global hiring and matching platform, surveyed 1,223 employers, 2,671 blue-collar jobseekers, and 2637 white-collar jobseekers

Unemployment rate in Delhi higher than national level for men, women

The unemployment rate in Delhi was higher with almost double in case of females as compared to the country's average, said a Delhi government report. According to the 'Women & Men In Delhi-2023' report, the unemployment rate was 5.1 per cent for males and 6.0 per cent for females in Delhi in 2021-22 while at all India level it was 4.4 per cent for males and 3.3 per cent for females. The broad employment status showed that 33.1 per cent of working men in the city were self-employed, 63 per cent were in the regular wage/salaried employee category, and 3.5 per cent were in the casual labour category. Among the female workers, only 17 per cent were engaged in the self-employed category while 83 per cent were in the regular wage/salaried employee category, said the report. Industry-wise, out of total female workers, 59.74 per cent were engaged in 'other services' followed by 'trade, hotel and restaurant' (14.73 per cent) and 'manufacturing' (14.19 per cent) in 2021-22. In case of male

Congress will provide work to unemployed in Telangana: Digvijaya Singh

The state is poised for a three-cornered contest between the ruling BRS, which is bidding to return to the hustings for a third straight term, the Congress, and a resurgent BJP

Japan's economy sinks into contraction as spending, investment decline

Japan's economy slipped into a contraction in the third quarter, decreasing at an annual pace of 2.1% as consumption and investments shrank, the government reported Wednesday. Real gross domestic product, which measures the total value of a nation's products and services, fell 0.5% in the July-September period for the world's third largest economy, the Cabinet Office said. That would produce a 2.1% drop if the quarter's performance continued for a full 12 months. The downturn came after the economy grew a revised 3.7% in the first quarter and a revised 4.5% in the second quarter on an annualized basis, according to the government figures. The third quarter's performance was far worse than what had been expected, according to the financial services company ING, which had forecast an annual contraction of 0.5%. Most of the miss in the consensus forecast came from weaker-than-expected domestic demand items, such as consumer spending, business investment and inventory accumulation, Rob

Will create 1 lakh jobs if voted to power in Mizoram, says Congress

Congress will create 1 lakh jobs if it is voted to power in the November 7 Mizoram assembly polls, a party leader said on Friday. Congress media cell chairman Lalremruata Renthlei said the party will introduce the Young Mizo Entrepreneurs Programme (YmElevate) to provide startup funds and jobs to the youth. "Under the programme, incubation and startup funds will be given which will help in creating more than 1 lakh jobs," Renthlei told a news conference here. Renthlei said the party will also introduce 'Tang Puihna,' a monetary assistance scheme for farmers and entrepreneurs to develop sustainable economic and livelihood activities. Hitting out at the ruling Mizo National Front (MNF), the Congress leader said the party had failed to create jobs and provide employment to youths. He added that although the MNF claimed to have created 7,983 jobs during the last five years, only 2,218 youths got it through direct recruitment. "Of the 7,983 jobs, 4,437 were merely promotions and anoth

Unemployment rate in October rises to more than two-year high, says CMIE

The weakest monsoon rains in five years is weighing on farming output in the world's second-biggest producer of rice, wheat and sugar

Unemployment rate in India at its lowest level in 6 years: PM Modi

Prime Minister Narendra Modi on Thursday said India's expanding economy is creating new possibilities for the youth and the unemployment rate in the country is at its lowest level in the last six years. In a video message to the Kaushal Deekshant Samaroh of the Ministry of Skill Development and Entrepreneurship, the prime minister noted that new possibilities are being created for the youth as India's economy is expanding. He said that employment creation in India has reached a new height and the unemployment rate in India is at its lowest level in 6 years according to a recent survey. Noting that unemployment is decreasing rapidly in both rural and urban areas of India, the prime minister emphasised that the benefits of development are reaching both villages and cities equally, and as a result, new opportunities are increasing equally in both villages and cities. He also pointed out the unprecedented increase in the participation of women in India's workforce and credited the impa

Urban jobless rate falls for second consecutive quarter to 6.6 % in Q1

The jobless rate in urban areas had been on a continuous decline since the high of 12.6 per cent recorded in the Covid-affected April-June quarter of FY22

Urban unemployment rate dips to 6.6% during April-June 2023: Govt survey

The unemployment rate for persons aged 15 years and above in urban areas declined to 6.6 per cent during April-June 2023 from 7.6 per cent a year ago, the National Sample Survey Office (NSSO) data showed. Joblessness or unemployment rate is defined as the percentage of unemployed persons in the labour force. Joblessness was high in April-June 2022 mainly due to the staggering impact of Covid-related restrictions in the country. The unemployment rate (UR) for persons aged 15 years and above in April-June 2022 was 7.6 per cent in urban areas, the 19th Periodic Labour Force Survey (PLFS) showed. In January-March 2023, the unemployment rate was 6.8 per cent. It was 7.2 per cent in July-September 2022 as well as October-December 2022. It also showed that the unemployment rate among females (aged 15 years and above) in urban areas declined to 9.1 per cent in April-June 2023 from 9.5 per cent in the same quarter a year ago. It was 9.2 per cent in January-March 2023, 9.6 per cent ...

TCS to modernise unemployment claims system of US state of Georgia

Company will bring in web-based platform to apply for unemployment insurance benefits

Rural reprieve pushed India's unemployment rate to 1-year low in Sept: CMIE

The overall joblessness rate slid to 7.09% last month, from 8.10% in August, data from private research firm Centre for Monitoring Indian Economy showed.

India's diamond firms in the rough as global trade sanctions mount

As Ukraine lists Indian diamond major on its list of "international war sponsors," diamantaires back home fear loss of livelihood, and rising unemployment

Employment jumped post-Covid but 2 in 5 young graduates still have no jobs

The workforce participation rate of females has improved in the last five years, especially in rural areas. But this is not due to the rise in the number of jobs but self-employment

Facing economic slowdown, PM not worried about unemployment: Youth Congress

The country is facing an economic slowdown but the prime minister is "not worried about employment for the youth", the Indian Youth Congress alleged on Sunday. Srinivas BV, the organisation's national president who led a protest at the Indian Youth Congress' office in central Delhi, said, "We mark this day -- September 17 -- as 'national unemployment day.' Scores of youngsters are unemployed across the country and yet the Centre and the prime minister refuse to acknowledge the problem." September 17 is the birthday of Prime Minister Narendra Modi, who turned 73 this year. Srinivas further alleged that crores of people applied for central government jobs in the past nine years and "yet, a large number of youngsters are unemployed". "Every sixth graduate of the country is unemployed, 22 crore people applied for central government jobs in nine years. We appeal to Prime Minister Modi to pay some attention to the unemployed youngsters of the country and take some concrete steps for thei

Telangana BJP chief ends his fast against unemployment, vacancies in govt

He said that the state government had cheated and could not conduct proper recruitment exams. The leader added that as many as 17 recruitment exams had their papers leaked

G Kishan Reddy concludes 24-hour fast in support of unemployed youth

Union Minister and BJP Telangana unit president G Kishan Reddy on Thursday concluded his 24-hour fast against the BRS government's alleged negligence towards unemployed youth. Former Union Minister Prakash Javadekar, who is BJP's election in-charge for Telangana, offered lime juice to Kishan Reddy marking the conclusion of the fast. Reddy began his fast on Wednesday at the Dharna Chowk here. However, he was "forcibly" shifted by police from the Dharna Chowk Wednesday evening for "continuing" the protest beyond the permitted time. Mild tension prevailed at the Dharna Chowk on Wednesday evening as BJP activists raised slogans and opposed the police action even as Reddy was shifted to the state BJP headquarters. Reddy, however, continued his fast at the party office. BJP General Secretary Tarun Chugh, in-charge of party affairs in Telangana, on Wednesday night condemned the police action and claimed that Reddy fell unconscious at the protest site. "Permission for the protest was is