Unemployment Jobs

Covid-19: Back to the paddy fields as lockdown throws plans into disarray

Educated but unemployed, Ashish Kumar is one of countless people across the globe whose social progress has been halted by coronavirus

As India turns 74, citizens feel less optimistic about future: Survey

Citizens feel economic growth and prosperity in India will benefit only a select few

22% of Nepal workforce lost jobs during pandemic, senior banker says

Nepal imposed a nationwide lockdown in March after reporting two confirmed cases of the novel coronavirus

68% of 40,000 firms may cut pay, freeze hiring or lay off staff: Crisil MD

In a Q&A, Ashu Suyash of Crisil says these companies from across 55 sectors have a wage bill of Rs 12 trillion and are at risk if urban demand does not pick up

Signs of fatigue in labour recovery

Data shows the worst is over and we are likely to settle at an unemployment rate which would be only slightly higher than the rates witnessed before the lockdown

Migrant workers' wait to get home ends, their fight for survival does not

Over 122 million people in India lost their jobs in April, according to estimates of the Centre for Monitoring Indian Economy

22% workers lost jobs due to Covid-19 lockdown in northern states: Survey

Based on analysis of data from 510 responses, the study revealed a devastating impact of lockdown 1.0 on employment scenario in the surveyed states

Covid-19 batters global economy, jobs - even without 2nd wave: OECD report

With or without a second outbreak, the consequences will be severe and long-lasting, the report says

World coronavirus dispatch: Symptomless spread is 'rare', says WHO

From England's study of coronavirus in schools, to why World Bank says it may be worst economic crisis since WW-II, and Alibaba recruiting 5,000 people - read these and more in today's world dispatch

Housing for workers

Affordable accommodation for casual labourers has become a must

21 million jobs added in May

While the main labour market metrics indicate an improvement in May compared to April, the labour market conditions still remain much weaker than they were before the lockdown

Stimulus 2.0: Rs 40,000-crore boost to MGNREGS was a work in progress

The sum was debated and it became clear it would have to be similar in scale to the support given under the Pradhan Mantri (PM) Garib Kalyan Yojana (PMGKY)

Canada loses record 2 mn jobs in April, unemployment rate surges to 13%

As of May 5, more than 7.5 million Canadians had applied for some form of federal employment aid, according to government data.

India has a jobs bloodbath as unemployment rate shoots up to 27.1%

When jobs evaporate in other sectors, people go back to farms which seem to have an infinite capacity to absorb labour; but that is mostly disguised unemployment

Slight ease in lockdown gives hope to the desperate, improves employment

The count of the unemployed who were actively looking for jobs during the week of April 26 was around 76 mn. In the earlier weeks, it was close to 100 mn

It's a better option to take advance EPF than a loan during tough times

The usual advice is that one should not withdraw from their EPF account because it hurts the retirement corpus

Unemployment rate during lockdown: Just like measuring water in ocean

What is the employment status of people who are stuck at home for an extended period of time? Are they unemployed?

Private firms to invest Rs 3,000 cr in MP, to create 14,000 jobs

The Madhya Pradesh government on Friday announced investments worth over Rs 3,000 crore by private firms in the state, with a potential to generate employment opportunities for 14,000 people, according to an official document. The announcement in this regard was made by Madhya Pradesh Chief Minister Kamal Nath during the textile and garment sector round table held here. The highest investment of Rs 3,000 crore with employment generation potential for 10,000 people was announced by Trident Group, it said. Investments of Rs 100 crore and Rs 50 crore were announced by Mayur Uniquoters and Gokaldas Exports with a potential of generating 1,000 and 3,000 employment, the document said. Another firm-- Pratibha Syntex-- will set up a textile park for Micro, Small & Medium Enterprise (MSME) units in Indore with an investment of Rs 100 crore, it said. Besides these, the MP government has decided to implement several measures to further boost ease of doing business in the state. Chief ...

Business Standard's Somesh Jha wins IIMCAA award for best business reporter

Jha, who broke the news on India's record unemployment level, was also adjudged IIMC alumnus of the year 2019

Year in Review: From job data to growth woes, India's 'shrinking' feeling

A list of events and policy decisions that made the biggest impact on Indian economy during the year 2019