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Union Budget 2025: Why Economic Survey matters? When is it presented?

Union Budget 2025: Why Economic Survey matters? When is it presen...

Thu, Jan 02, 2025

Finance Minister Nirmala Sitharaman is likely to present the Budget for FY 2025-26 in the Parliament on February 1, 2025. Prior to the presentation, the Ministry of Finance will publish the Economic Survey, which is followed by a press conference addressed by the Chief Economic Advisor and other senior officials of the Finance Ministry.

Domestic youth unemployment lower than global levels: Labour Ministry

Domestic youth unemployment lower than global levels: Labour Mini...

Thu, Nov 28, 2024

The central government has said that the rate of unemployment in the 15-29 age bracket was lower than global levels in FY24. It has also said that the Worker Population Ratio (WPR) for the youth increased from 31.4 per cent in 2017-18 to 41.7 per cent in 2023-24.

Budget 2024: Key things to know about 6 job & skill training schemes for youth

Budget 2024: Key things to know about 6 job & skill training...

Wed, Jul 24, 2024

6 job and skill training schemes for youth in Budget 2024: Finance Minister Nirmala Sitharaman presented the first budget of Modi 3.0 on July 23. Six schemes related to jobs and skill training were announced in the union budget. Here’s how these schemes will benefit the youth:

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Ladla Bhai Yojana: This scheme offers up to Rs 10,000 every month, check conditions, criteria

Ladla Bhai Yojana: This scheme offers up to Rs 10,000 every month...

Thu, Jul 18, 2024

The Ladla Bhai Yojana is a scheme introduced by the Maharashtra government to support students and unemployed youth. Here’s a breakdown of the monthly financial aid based on educational qualifications:

Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation

Federal Reserve is likely to scale back plans for rate cuts becau...

Wed, Jun 12, 2024

In a set of quarterly economic forecasts they will issue after their latest meeting ends, the policymakers are expected to project that they will cut their benchmark rate just once or twice by year's end, rather than the three times they had envisioned in March.

US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength

US employers add a surprisingly strong 216,000 jobs in a sign of...

Fri, Jan 05, 2024

The unemployment rate was unchanged at 3.7 per cent — the 23rd straight month that joblessness has remained below 4 per cent.

What IMF Executive Director KV Subramanian Said On Unemployment in India?

What IMF Executive Director KV Subramanian Said On Unemployment i...

Tue, Nov 07, 2023

An Executive Director at the International Monetary Fund, Krishnamurthy V Subramanian explained why the current unemployment rate is at a five-year low. According to Subramanian If you go by the reliable Periodic Labour Force Survey data put out by the NSSO, it is absolutely clear that both in quantity and in quality, the employment situation had improved before the pandemic and has also improved since then. It is a fact that during the lockdown and during the second wave, the employment situation did worsen and this is something that is very clearly shown in the PLFS data which further enhances the trustworthiness of the PLFS data.

Unemployment rate drops to 2.6% in UP under Yogi government

Unemployment rate drops to 2.6% in UP under Yogi government

Sat, Oct 14, 2023

The state government has provided over 6 lakh government jobs in just 6.5 years, empowering the youth of UP and it is continuously issuing appointment letters to the youth under Mission Rozgar, said the official statement.

Unemployment rate in rural areas falls to 2.4%, urban down to 5.4%: Survey

Unemployment rate in rural areas falls to 2.4%, urban down to 5.4...

Tue, Oct 10, 2023

The report shows that in rural areas, the unemployment rate decreased from 5.3 per cent in 2017-18 to 2.4 per cent in 2022-23 while for urban areas it declined from 7.7 per cent to 5.4 per cent.

India's unemployment rate at 6-year low of 3.2% during Jul 2022-Jun 2023: Government data

India's unemployment rate at 6-year low of 3.2% during Jul 2...

Tue, Oct 10, 2023

Joblessness or unemployment rate is defined as the percentage of unemployed persons in the labour force.

India360: Were 5.2 crore new jobs created in the last 4 years?

India360: Were 5.2 crore new jobs created in the last 4 years?

Wed, Sep 13, 2023

Jobs Vacancies: 5.2 crore formal jobs have been created in the last four years. 47 percent of these people got a job for the first time

India360: Unemployment rising due to lack of skilled workers in the industry?

India360: Unemployment rising due to lack of skilled workers in t...

Tue, Aug 22, 2023

Skilled Workers: The need to continuously upskill employees is a challenge experienced by every HR and business leader, with non-availability of skilled labor impacting production. Watch the full report on India360

China stops releasing youth unemployment figures as economy falters

China stops releasing youth unemployment figures as economy falte...

Tue, Aug 15, 2023

China has stopped releasing youth unemployment figures, which were seen by some as a key indication of the country's slowdown. The decision is due to changes in the world's second-largest economy and its society, a government spokesman said.

Austria unveils new relief package to combat high inflation

Austria unveils new relief package to combat high inflation

Thu, May 18, 2023

The Austrian government has announced a new relief package worth 500 million euros ($542 million), to help vulnerable citizens cope with high inflation.

China recovery faces pressure after April activity weak, youth unemployment rises

China recovery faces pressure after April activity weak, youth un...

Tue, May 16, 2023

Retail sales accelerated following the end of anti-virus restrictions in December but were below forecasts, official data showed Tuesday. Factory output edged down compared with March.

International Unemployment Day 2023: Date, history and significance

International Unemployment Day 2023: Date, history and significan...

Mon, Mar 06, 2023

International Unemployment Day 2023: In the aftermath of World War I, the Great Depression, precipitated by a stock market crash in 1929, had a global economic impact. Unemployment became a widespread issue, with few social services available to assist those in need.

Neither scientific nor under global norms: Govt rebuts survey-based news on high unemployment

Neither scientific nor under global norms: Govt rebuts survey-bas...

Wed, Jan 04, 2023

The ministry said a news item related to the high unemployment rate during December 2022 has been published in some sections of the media based on a survey conducted by a private company.

Unemployment rate surges to 8.3% in December; joblessness highest in Haryana at 37.4%

Unemployment rate surges to 8.3% in December; joblessness highest...

Mon, Jan 02, 2023

Among the states, unemployment continued to be the highest in Haryana at 37.4 per cent in December, followed by Rajasthan at 28.5 per cent, Delhi 20.8 per cent, Bihar 19.1 per cent and Jharkhand 18 per cent.

Micron layoffs 2022: Chip-maker to cut 10% of its workforce

Micron layoffs 2022: Chip-maker to cut 10% of its workforce

Thu, Dec 22, 2022

Chip-maker Micron has announced that it will reduce its workforce by about 10 per cent in 2023 in response to challenging industry conditions.

Unemployment rate drops to 6.43%: These states have highest number of unemployed - check full list

Unemployment rate drops to 6.43%: These states have highest numbe...

Mon, Oct 03, 2022

Unemployment rate in the rural areas fell to 5.84 per cent in September from 7.68 per cent in August

DECODED: US Fed, FOMC rate hike impact on Indian Financial Markets

DECODED: US Fed, FOMC rate hike impact on Indian Financial Market...

Thu, Sep 22, 2022

On Sep 21, the US Federal Reserve delivers a third-straight big hike of 0.75 percentage points. The dollar surged to a fresh two-decade high after the US Fed raised interest rates.

Unemployment rate at 12.6% in April-June 2021: NSO survey

Unemployment rate at 12.6% in April-June 2021: NSO survey

Mon, Mar 14, 2022

Unemployment rate for persons of age 15 years and above in urban areas dipped to 12.6 percent in April-June 2021 from 20.8 percent in the same month of the previous year, showed a periodic labour force survey by the NSO.

MAJOR UNEMPLOYMENT! Taiwan jobless rate rises to over 7-yr high

MAJOR UNEMPLOYMENT! Taiwan jobless rate rises to over 7-yr high

Wed, Jul 07, 2021

Taiwan's unemployment rate has increased to more than a seven year high of 4.11 per cent, as tight Covid-19 curbs have directly impacted the job market, the country's statistics authority said.

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