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TRUE UNEMPLOYMENT RATE
Is the Indian middle class dream over? Saurabh Mukherjea on the 3 forces crushing your futureIndia's middle class is in deep trouble. Education no longer guarantees prosperity. Jobs are disappearing, especially in IT. Wages are not ...
UK minimum wage is raising youth unemployment: Bank of England's policymaker Catherine MannBritain's youth unemployment has risen significantly. Bank of England policymaker Catherine Mann believes this is linked to substantial inc...
US jobs rebound masks softening trend, Fed seen holding steady in JanuaryUS job growth rebounded in November, but a higher unemployment rate and data distortions reinforced signs of a cooling labour market, suppo...
Official India jobless data is not accurate, say top independent economists: PollA Reuters poll reveals independent economists doubt India's official unemployment rate, suggesting the true figure is much higher. Despite ...
The hidden job crisis: 25% of Americans are functionally unemployed and it's worse than it soundsThe unemployment rate in America seems low. However, a new report suggests a different story. The Ludwig Institute says the 'true' unemploy...
India's focus should shift to job quality amid AI disruption, says CEA Anantha NageswaranIndia's job market is showing growth, but the focus should be on job quality as AI reshapes the landscape. Evidence suggests job creation i...
Demand under MGNREGS is not a true indicator of rural distress: Eco SurveyThe Economic Survey 2023-24 indicates that MGNREGS demand is not a true indicator of rural distress. Despite high rural unemployment, state...
Employment rate among Indian youth dips in FY22The employment rate among Indian youth (15-24 years) stood at 10.4% in 2021-22 compared to 10.9% in 2020-21, shows the Consumer Pyramid Hou...
Experts sceptical about CMIE's unemployment dataThe overall unemployment rate in India has increased to 7.83 per cent in April 2022 as compared to 7.60 per cent in the previous month, CMI...
Fed's pivot is the opposite of hawkishMuch has been written about how the US Federal Reserve has pivoted to a more "hawkish" stance, leaning toward fighting rather than tolerati...
US workers may see light at end of employment tunnelThe Labor Department data is expected to show the unemployment rate remained unchanged in February at 6.3 percent with the economy adding 2...
Highly educated people are much more likely to be unemployed in low-income countries: ILOAccording to the report, the share of people with an advanced educational level is larger among the unemployed than among the employed.
Why Friday's U.S. jobless figures won't capture the true state of the coronavirus economyThe U.S. economy is expected to have shed 22 million jobs in April, tripling the nationwide unemployment rate to 16%, when new government d...
Unemployment in India lower than in China and Asia Pacific, says minister quoting ILO reportAs per the ILO report, unemployment rate stood at 3.5 per cent in India, against 4.7 per cent in China and 4.2 per cent in Asia Pacific, he...
View: Here's what we know for sure about jobs in IndiaIn 2016, unemployment was around 5%. More worryingly, the labor force participation stood at 50%, as per a survey.
American economic recovery is still a big mythUS economic recovery will take longer than we currently envisage. Recent downward revisions in US GDP data and retail sales foretell delaye...
Workers exiting labour force will be biggest impediment to global recovery: J Bradford DelongThe pattern of the long-term unemployed in the Great Depression will be the pattern for the long-term unemployed in the North Atlantic, Del...