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YOUNG WORKFORCE JOBLESS
A Nobel economist knew 60 years ago that people learn best on the job, and now the Atlanta Fed says companies automating lower payroll costs may be sawing off the branch they’re sitting onEntry-level jobs in the U.S. are becoming scarce, with AI automating tasks previously handled by new graduates. This trend, driven by short...- India's job engine strains as Iran war hits remittances and tradeThe Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This do...
- India must grow twice as fast to avoid jobs trap, Morgan Stanley warnsMorgan Stanley has warned that India needs 12.2% annual growth to tackle underemployment and high youth joblessness. Despite 7.8% growth in...
- India Inc wants fewer workers, not more: Expert explains how young workforce could end up joblessIndia's manufacturing sector has alarmingly shrunk to a historic low, contributing only 12.6% to GDP, a level unseen since 1967. This decli...
- A year after uprising, Bangladesh's youth struggle to find jobsBangladesh faces a youth unemployment crisis after political upheaval. Quota reforms sparked protests, but job creation lags. Garment facto...
- 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 ...
- Canada job crisis: Canada’s unemployment rate hits 9-year high as inflation rises, factory losses, and youth struggle in the toughest market since 2016Canadian unemployment rate: Canada's job market shows mixed signals as the unemployment rate hits 7 percent, a high since 2016, excluding p...
- Canada economy in big trouble just weeks after Mark Carney's win? Job data shows worrying signCanada's economy is facing challenges under Prime Minister Mark Carney as unemployment has gone up, particularly affecting young graduates....
- India will fail to plug jobs gap even with 7% growth, says CitiThe quality of jobs being created in India is another challenge, the economists said. An analysis of the official data showed about 46% of ...
- Get on the job of jobsA thorough assessment of historical and current employment trends across sectors leads to a deeper dive into complexities of jobless growth...
- Job creation is India's top economic challenge, policy experts sayAccording to a poll of policy experts by Reuters, tackling India's chronic joblessness will be the biggest challenge for the government ove...
- Raghuram Rajan says India's current growth isn't enough to create ample jobsFormer Reserve Bank of India Governor Raghuram Rajan said India's economy needs to grow at over 8% to meet job demands for its vast populat...
- What links the burning trains in January to June: Lack of jobsBetween 2017 and 2022, the overall labor participation rate dropped from 46% to 40%. Among women, the data is even starker. About 21 millio...
- By 2027, India has to create jobs equivalent to five AustraliasIndia has a huge job problem. It will need to add 10 crore people into working age population by 2027.
- Modi mapping invisible jobs to help measure India's real growthWith over 90% of the labour force in the informal economy, it is very difficult to assess the impact of policy actions and measure true gro...
- Seven reasons why India's jobs deficit is far bigger than IT sector layoffsThe jobs problem is seen mainly as a problem of the IT sector or as a result of changing technology. But that is not the complete truth.
- Unheeding system forcing India’s youth into low-paying jobsNumber of adolescents (10 to 19 years old) in country is over 25 crore while youth, defined by census as people between 15 and 24 , number ...
- Confidence of 800 million youth sinks as jobs dry up in torpid economyYoung Indians(800 mn citizens under the age of 35) - aren't feeling celebratory these days. Post-reforms, it's never been as bad for them a...
- India Whining: Poll-bound UPA government creates record unemploymentIndia's employment rate has dipped to 38.6% in 2011-12 from 39.2% in 2009-10. In 2004-05, when the UPA took charge, employment rate was 42%.
- Job crisis affects old as well as young workersIn terms of who has it worse - old or young workers - it's worth measuring differences between the two age groups to see which is more in n...
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