Employment Data

Weak US employment report sends global markets careening off track

Indian markets also fell more than 1 per cent on Friday, with the benchmark National Stock Exchange Nifty ending at 24,718

Mandaviya chairs meeting on creating a central employment database

Core Group to be formed to build synergies for a 'holistic' picture of employment generation

Labour minister to meet with 20 ministries on 'capturing' employment data

Meeting will on Friday review steps taken by ministries and departments for generating employment

Over 1.94 million new workers enrolled under ESI Scheme in August

According to the official release, around 24,849 new establishments have been registered and brought under the social security umbrella of the ESIC in August 2023, thus ensuring more coverage

China sees record-high youth unemployment rate at 20.4%, likely to worsen

The jobless rate for 16-to-24 year olds hit 20.4% last month, nearly four times the national rate, data from the National Bureau of Statistics showed Tuesday

US weekly jobless claims rise as higher borrowing costs cool demand

Initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 242,000 for the week ended April 29

Flagship MGNREGS still gives work to more people than pre-Covid years

So far, Rs 99,348.53 crore has been spent on the scheme in FY23, which is against the Revised Estimates of Rs 90,000 crore in FY23. This means Rs 9,000-11,000 crore will be carried forward to the next

Dollar jumps on strong US employment data; yen rebounds dramatically

The dollar was last up 0.65% against the euro at $1.0536, and up 0.91% against the Japanese yen at 133.81

EPFO data shows employment dip

The 46.34 million contribu­ting members in 2021-22 is much lower than the 48.92 mill­ion contributing members seen in the pre-pandemic year of 2019-20

Congress accuses Madhya Pradesh's BJP lead govt of hiding employment data

Pointing out discrepancy between the Centre and state data on the registered unemployed youth in Madhya Pradesh, the Opposition Congress in the state has accused the ruling BJP of hiding the data.

Global stock markets fall, US yields rise after strong employment data

The MSCI world equity index, which tracks shares in 50 countries, was down 1.14%. The pan-European STOXX 600 index was down 0.26%.

Adrift in April

Low employment rates and low labour participation rates leave enough people free to participate in endless political rallies and mammoth religious congregations

Two studies and a tale of divergent views on employment in the country

One study points to a staggering drop of nine million jobs, the other says no jobless growth, but only the educated are getting employed

Transparency push: Centre will provide unit-level data free of cost

This means the unit-level data for the periodic labour force survey (PLFS) 2017-18, which was at the centre of a controversy recently, will be available for free to researchers and analysts

Job creation trebles to 8.61 lakh in February: EPFO payroll data

The data showed that 80.86 lakh new jobs were created in the 18 months period from September 2017 to February 2019

Unemployment in 11 states exceeds national average, shows NSSO report

Four new states joined the list in 2017-18; Chhattisgarh had the lowest rate: NSSO report

108 experts concerned over political interference in data estimation

Their joint statement comes in the backdrop of controversy over revision of gross domestic product (GDP) numbers and withholding employment data by the NSSO

7.16 lakh jobs created in Dec, 72.32 lakh in last 16 months: Payroll data

Around 72.32 lakh new subscribers were added to social security schemes of the EPFO between September 2017 to December 2018.

Govt panel wants quarterly job surveys scrapped, cites poor quality

TCA Anant-led committee suggests setting up an Employment Index if survey improves

Employers turn cautious ahead of 2019 polls; salary hikes may stay static

Employers are expected to keep a cautious approach at least in the first half of 2019 due to evolving political uncertainties