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Unemployment

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

Modi govt's initiatives reduced brain drain of youth, says CR Patil
Updated On : 19 Dec 2024 | 5:18 PM IST

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

Vijay Vasanth moves adjournment motion to discuss 'unemployment crisis'
Updated On : 17 Dec 2024 | 10:16 AM IST

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

Employability among Indian graduates improves to 54.81%: Wheebox report
Updated On : 10 Dec 2024 | 10:41 PM IST

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

US hiring rebounds, but rising unemployment keeps Fed rate cut alive
Updated On : 06 Dec 2024 | 9:46 PM IST

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

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

BJP govt has no answers on Maharashtra's rising unemployment: Chidambaram
Updated On : 16 Nov 2024 | 2:00 PM IST

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, ...

Around 40% blue-collar workers actively looking for job change: Report
Updated On : 22 Oct 2024 | 4:45 PM IST

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

US weekly unemployment claims unexpectedly fall 19,000 to 241,000
Updated On : 17 Oct 2024 | 10:57 PM IST
Updated On : 12 Oct 2024 | 12:09 AM IST

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 (

US unemployment benefit claims jump to 258,000, at highest level in a year
Updated On : 10 Oct 2024 | 10:17 PM IST

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

Govt to set up 10 new ESIC medical colleges, extend unemployment allowance
Updated On : 08 Oct 2024 | 9:07 PM IST

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

BJP's 'unemployment crisis' endangers youth's future in Haryana: Rahul
Updated On : 04 Oct 2024 | 12:22 PM IST

Govt rolls out scheme to provide 10 mn internship over five years

The government on Thursday rolled out the internship programme that will provide financial assistance of Rs 60,000 per annum to 1 crore youth over a period of five years. In 2024-25, the total cost of the pilot project will be around Rs 800 crore and will look to provide internship to 1.25 lakh candidates during this fiscal, government sources said on Thursday. Announced in the Union Budget 2024, the Prime Minister's Internship Scheme in Top Companies will also provide insurance coverage to the interns. The scheme will be implemented through an online portal developed by the corporate affairs ministry. Subject to certain conditions, youth aged between 21 and 24 years will be eligible for the scheme, the sources said. The internship programme will commence on December 2. Through the portal, the sources said, partner companies can offer internship opportunities and the top companies for the pilot project have been identified on the basis of the average of their CSR expenditure in t

Govt rolls out scheme to provide 10 mn internship over five years
Updated On : 03 Oct 2024 | 4:49 PM IST

'NEET' problem: 25% of India's youth not in education, employment, training

NEET, short for not in education, employment and training, globally 20.4% of youth fell into the NEET category in 2023

'NEET' problem: 25% of India's youth not in education, employment, training
Updated On : 26 Sep 2024 | 11:20 PM IST

Jobless rate stagnates at 3.2% in July 2023-June 2024, shows PLFS data

PLFS data for the period suggests share of self-employed, wage-jobbers up

Jobless rate stagnates at 3.2% in July 2023-June 2024, shows PLFS data
Updated On : 24 Sep 2024 | 12:59 AM IST

100 days of Modi 3.0: Cong says govt again 'failed to act' on unemployment

The Congress on Tuesday claimed that the first 100 days of Modi 3.0 was marked by a litany of U-turns and a series of scandals with the government yet again having "failed to act" on India's "mass unemployment crisis". Congress general secretary in-charge communications Jairam Ramesh said "the non-biological PM and his drumbeating economists" have consistently attacked the idea of jobless growth but the reality of what has been seen since 2014 is perhaps even more stark -- "job-loss growth". "Yesterday marked a hundred days of this unstable, crisis-ridden Government. Amidst a litany of u-turns and a series of scandals, the government has yet again failed to act on India's mass unemployment crisis an issue which the Congress has been consistently sounding the alarm on for the past five years at least," he said in a statement. The crisis has been of the government's own making, caused by the decimation of job creating MSMEs through the "Tughlakian demonetisation", a hastily rushed ..

100 days of Modi 3.0: Cong says govt again 'failed to act' on unemployment
Updated On : 17 Sep 2024 | 2:44 PM IST

Fiscal deficit to jobs: Economic issues new J&K govt has to tackle

The region is expected to clock a growth of 7% in FY25 but it's dependent on Central government grants

Fiscal deficit to jobs: Economic issues new J&K govt has to tackle
Updated On : 11 Sep 2024 | 1:10 PM IST

Strategies to prevent suicides should address risk factors: Researchers

National strategies aimed at preventing suicide should include measures to address social issues to prevent people from reaching "crisis point," even as clinical services for those in crisis are critical, argue authors of a new six-paper series published in The Lancet Public Health journal. The international team of authors, including those from the Public Health Foundation of India, New Delhi, called for a change in the narrative around suicide -- to move away from presenting it as a purely mental health issue and acknowledge the impact of social risk factors, such as poverty, domestic violence, addictions and isolation. This was particularly relevant for India, which released the National Suicide Prevention Strategy in November 2022, and grounded most of its proposed solutions within the mental health scope, despite police data showing that factors, including gender, employment, and stressful life events have important roles to play, the researchers said. The strategy is aimed at

Strategies to prevent suicides should address risk factors: Researchers
Updated On : 10 Sep 2024 | 7:47 AM IST

India, West facing unemployment while China leads global production: Rahul

India, the US and other countries in the West are facing the problem of unemployment while China isn't as it is dominating global production, Leader of Opposition in the Lok Sabha Rahul Gandhi said, underscoring the need to focus on manufacturing in India. During an interaction with students at the University of Texas in Dallas on Sunday, Gandhi said there is no shortage of skills in India and the country could compete with China if it starts aligning itself for production. He also stressed the need to encourage vocational training to bridge the gap between the business system and the education system and flagged the "ideological capture" of the latter. Gandhi is on a four-day unofficial trip to the US during which he will interact with the members of the Indian diaspora and youths with stops in Dallas, Texas and Washington DC. He also plans to meet lawmakers and senior officials of the US government during his visit to Washington DC beginning Monday. He arrived in Dallas on Saturd

India, West facing unemployment while China leads global production: Rahul
Updated On : 09 Sep 2024 | 10:59 PM IST

Canada's jobless rate at 6.6%, surges past 7-yr high excluding pandemic

Canada's economy had been losing steam under the pressure of high interest rates, and most of the growth seen earlier in the year was primarily led by increase in population

Canada's jobless rate at 6.6%, surges past 7-yr high excluding pandemic
Updated On : 06 Sep 2024 | 7:18 PM IST

US job growth seen picking up in Aug; unemployment rate easing to 4.2%

'The economy is going through a transition; it's slowly kind of bending under the weight of the high interest rates,' said Brian Bethune, an economics professor at Boston College

US job growth seen picking up in Aug; unemployment rate easing to 4.2%
Updated On : 06 Sep 2024 | 7:02 PM IST