[

job loss

]

3.2 mn salaried people became jobless in July

  • Some 76.49 million people were employed in salaried jobs by July-end, lower than the 79.7 million people in June, showed latest data from the Centre for Monitoring Indian Economy
Of the total salaried jobs lost, about 2.6 million are from urban India where the number of salaried people fell from 48.71 million in June to 46.15 million in July.(File photo for representation)
Of the total salaried jobs lost, about 2.6 million are from urban India where the number of salaried people fell from 48.71 million in June to 46.15 million in July.(File photo for representation)
Published on Aug 03, 2021 06:06 AM IST
Copy Link
ByPrashant K Nanda, New Delhi

Heineken CEO targets 8,000 job cuts as pandemic curbs sales

Heineken NV plans to cut 8,000 jobs as the beermaker’s business with bars and restaurants suffers from the impact of pandemic-related lockdowns.
Heineken had announced job cuts last autumn, without putting a number on the reductions.(REUTERS)
Heineken had announced job cuts last autumn, without putting a number on the reductions.(REUTERS)
Published on Feb 10, 2021 01:30 PM IST
Copy Link
Bloomberg |

Reset, refresh, rejuvenate: How approaches to financial planning need to change post-pandemic

The economic fallout has caused a seismic shift in the attitude towards money. Job losses, salary cuts, and shutdown in businesses have upended lives for many.
The first step towards resetting your finances has to be maintaining a tight leash on your expenses. (Shutterstock)
The first step towards resetting your finances has to be maintaining a tight leash on your expenses. (Shutterstock)
Updated on Dec 22, 2020 04:53 PM IST
Copy Link
Hindustan Times, New Delhi | Byhindustantimes.com

CPIM urges govt to take steps to address mental health crisis

CPIM state secretariat member Kuldip Singh Tanwar said without proper physiological support at hospitals and covid care centres patients, attendants, non-covid patients and healthcare workers are becoming victim of stress and anxiety.
HT Image
HT Image
Updated on Sep 24, 2020 12:02 AM IST
Copy Link
Hindustan Times/Shimla | ByHT Correspondent, Shimla

A reality check on the economy | HT Editorial

Economic data presents a challenging picture. Don’t delay a second stimulus
The government has argued that a V-shaped recovery is underway in the economy. But almost all institutional and private forecasts do not support this claim(PTI)
The government has argued that a V-shaped recovery is underway in the economy. But almost all institutional and private forecasts do not support this claim(PTI)
Updated on Sep 15, 2020 09:38 PM IST
Copy Link
Hindustan Times | ByHT Correspondent

A productive Parliament

There are various crucial issues that require debate and deliberation. Focus on them
The very fact that Parliament house during Budget Session is back in business is a positive step(Sonu Mehta/HT PHOTO)
The very fact that Parliament house during Budget Session is back in business is a positive step(Sonu Mehta/HT PHOTO)
Updated on Sep 14, 2020 12:56 PM IST
Copy Link
Hindustan Times | ByHT Correspondent

Guest column: To open or not to open schools? The dilemma of parents during a pandemic

When we as parents of private school going pupils protest the opening of schools, we are depicting a myopic view. We are focused inwardly, not reflecting on the implications of this closure on a larger segment rapidly running out of options
Every stakeholder should have a say in the decision to reopen schools, it should not be made or influenced by a minority.(Getty Images/iStockphoto)
Every stakeholder should have a say in the decision to reopen schools, it should not be made or influenced by a minority.(Getty Images/iStockphoto)
Updated on Aug 22, 2020 10:20 PM IST
Copy Link
Hindustan Times, Chandigarh | ByPoonamjot Kaur Sidhu

Congress to raise China, Facebook, Covid-19 handling in upcoming Parliament session

The party will also raise the issues of job losses, agrarian distress, and the economic crisis
The functionary said they will also demand a Joint Parliamentary Committee probe into the Wall Street Journal report last week that claimed Facebook’s Indian staff ignored its rules in handling hate speech by BJP politicians.(Amal KS/HT Photo)
The functionary said they will also demand a Joint Parliamentary Committee probe into the Wall Street Journal report last week that claimed Facebook’s Indian staff ignored its rules in handling hate speech by BJP politicians.(Amal KS/HT Photo)
Updated on Aug 20, 2020 03:56 PM IST
Copy Link
Hindustan Times, New Delhi | ByAurangzeb Naqshbandi

Himachal’s tourism industry wants Covid curbs eased to revive economy

Tourism sector association wants the rider of minimum five-day stay to be lifted and the Covid-negative certificate requirement only for those who intend to visit hill state for more than 72 hours
Tourism sector association says restrictions in Himachal are the most stringent in the country and this was not only causing revenue loss to the government but also resulting in job losses and near collapse of the hospitality industry.(HT File)
Tourism sector association says restrictions in Himachal are the most stringent in the country and this was not only causing revenue loss to the government but also resulting in job losses and near collapse of the hospitality industry.(HT File)
Updated on Aug 17, 2020 05:51 PM IST
Copy Link
Hindustan Times/Shimla | ByGaurav Bisht, Shimla

Delhiwale: Poetry, in the time of job loss

Mr Hussain is fond of Mirza Ghalib, Faiz Ahmad Faiz (in fact, he is holding a copy of Faiz’s verses right now), Gulzar and many others including Rahat Indori, who died a few days back
(Mayank Austen Soofi)
(Mayank Austen Soofi)
Updated on Aug 14, 2020 05:38 AM IST
Copy Link
Hindustan Times, New Delhi | ByMayank Austen Soofi

For pandemic jobless, the only real certainty is uncertainty

The Covid-19 outbreak and resulting economic upheaval have thrown millions of lives into disarray. Industries have collapsed, businesses closed, jobs disappeared. Compounding the misery is a question no one can answer: When will this all be over?
A
A "Now Hiring" sign advertising jobs at a hand car wash is seen along a street, as the spread of the coronavirus disease (Covid-19) continues, in Miami, Florida, US.(REUTERS)
Published on Aug 09, 2020 08:25 PM IST
Copy Link
Associated Press | ByAssociated Press | Posted by Arpan Rai

Why should you build an emergency fund with a fixed deposit?

An ideal emergency fund must offer safety, liquidity, and decent growth to help you meet your monthly obligations and preserve your way of life, without any adverse impact on your CIBIL scores or credit reports.
The point of maintaining a contingency fund is having liquid cash whenever you require it.(Bajaj Finserv)
The point of maintaining a contingency fund is having liquid cash whenever you require it.(Bajaj Finserv)
Updated on Jul 15, 2020 03:29 PM IST
Copy Link

US budget deficit hits all-time high of $864 billion in June

The June deficit was driven higher by spending on various government relief programmes such as an extra $600 per week in expanded unemployment benefits and a Paycheck Protection Program that provided support to businesses to keep workers on their payrolls.
US president Donald Trump hosts a roundtable event celebrating law enforcement in the East Room of the White House in Washington on July 13, 2020.(REUTERS)
US president Donald Trump hosts a roundtable event celebrating law enforcement in the East Room of the White House in Washington on July 13, 2020.(REUTERS)
Updated on Jul 14, 2020 05:26 AM IST
Copy Link
Washington | ByAssociated Press | Posted by Kanishka Sarkar

Net inflows into equity MFs hit four-year low

Net inflows, including into ELSS, crashed 95.75% from 5,666.34 crore in May to 240.55 crore in June, the lowest since March 2016, Association of Mutual Funds in India (AMFI) data showed. The figure is 96.89% below last June’s 7,741.04 crore inflows.
Net inflows crashed 95.75% from <span class='webrupee'>₹</span>5,666.34 crore in May to <span class='webrupee'>₹</span>240.55 crore in June.(AP)
Net inflows crashed 95.75% from 5,666.34 crore in May to 240.55 crore in June.(AP)
Published on Jul 09, 2020 04:21 AM IST
Copy Link
Hindustan Times, New Delhi | ByNasrin Sultana and Neil Borate

Future proofing students with skills that really matter

According to Dr Chris Dede, Professor in Learning Technologies at Harvard Graduate School of Education and a central player in this initiative, in the future, most adults will have 5-7 careers and some of which don’t exist right now.
Representational image.(GETTY IMAGES)
Representational image.(GETTY IMAGES)
Published on Jul 07, 2020 04:06 PM IST
Copy Link
BySanjay Deshpande

5.58 million EPFO withdrawals made since April 1, shows data

While established companies have let go of their employees because of Covid 19-related disruptions, new jobs are being created at a snail’s pace, data from the Employees’ Provident Fund Organisation (EPFO) accessed by Mint showed.
Since April 1, more than 5.5 million salaried workers have withdrawn money from their employees’ provident fund (EPF) accounts, the data showed.(Mint)
Since April 1, more than 5.5 million salaried workers have withdrawn money from their employees’ provident fund (EPF) accounts, the data showed.(Mint)
Published on Jul 01, 2020 04:39 AM IST
Copy Link
Livemint | ByPrashant K Nanda

Job losses from coronavirus pandemic ‘devastating’: Australian PM Morrison

Official data out earlier showed nearly a quarter of a million people lost their jobs in Australia in May.
Australian PM Scott Morrison(Reuters)
Australian PM Scott Morrison(Reuters)
Updated on Jun 18, 2020 08:59 AM IST
Copy Link
Sydney | ByReuters | Posted by Prashasti Singh

Hefty fee forces Ambala parents to look for government schools

Some parents said they have been paying a hefty fee but private schools are not ready to give much concession in the present situation.
Representational image.(HT file)
Representational image.(HT file)
Published on Jun 16, 2020 05:17 PM IST
Copy Link
Ambala | ByPress Trust of India| Posted by Akhilesh Nagari

British Airways to put artworks on sale in Covid-19 cash crunch

The airline has said it is taking steps now to reduce up to 28% of staff numbers to protect as many jobs as it can in the long term.
British Airways has come under fire from British politicians for plans to cut 12,000 jobs(REUTERS)
British Airways has come under fire from British politicians for plans to cut 12,000 jobs(REUTERS)
Updated on Jun 11, 2020 02:59 PM IST
Copy Link
London | ByReuters| Posted by Susmita Pakrasi

Supporting the unemployed| HT Editorial

Job losses are rising across the board. The State needs to help
One key way in which this crisis is getting reflected is in the unemployment figures(Burhaan Kinu/HT PHOTO)
One key way in which this crisis is getting reflected is in the unemployment figures(Burhaan Kinu/HT PHOTO)
Updated on May 20, 2020 06:53 PM IST
Copy Link
Hindustan Times | ByHT Correspondent

Lockdown made Delhi’s poor poorer, but led to behavioural change, say researchers

Nine out of 10 respondents reported they weren’t smoking but it hasn’t been assessed whether most of them are non-smokers or quit smoking because of the Covid-19 crisis.
In this Sunday, May 10, 2020, photo, migrants laborers hailing from Uttar Pradesh state with their families trying to return to their villages walk towards a bus terminus in New Delhi.(AP)
In this Sunday, May 10, 2020, photo, migrants laborers hailing from Uttar Pradesh state with their families trying to return to their villages walk towards a bus terminus in New Delhi.(AP)
Updated on May 16, 2020 07:03 PM IST
Copy Link
Hindustan Times, New Delhi | ByJayashree Nandi

Stay aligned to your investment goals

If you are investing for long-term goals such your children’s education or your retirement, the current market phase should not affect you.
Essential and non-negotiable goals need to be strictly your focus now.(Axis Mutual Fund)
Essential and non-negotiable goals need to be strictly your focus now.(Axis Mutual Fund)
Updated on May 21, 2020 01:10 PM IST
Copy Link
ByBrand Post

US job losses shoot up to record 14.7% in April

It’s been the worst since World War II, a grim milestone as the world celebrated VE Day to commemorate the surrender of Nazi forces in Europe on May 8, 1945.
The previous record of job losses 10.4%, was all the way back in 1948, more than half a century ago; and it’s the steepest monthly drop since 1939.(REUTERS)
The previous record of job losses 10.4%, was all the way back in 1948, more than half a century ago; and it’s the steepest monthly drop since 1939.(REUTERS)
Updated on May 08, 2020 08:25 PM IST
Copy Link
Hindustan Times, Washington | ByYashwant Raj

Covid-19 pandemic destroys 20.5 mn US jobs in April in historic collapse

The unprecedented collapse drove the unemployment rate to 14.7 percent -- well beyond the peak hit in late 2009 during the global financial crisis -- from 4.4 percent in March.
A woman walks through an almost-deserted Times Square in the early morning hours on April 23, 2020 in New York City.(AFP)
A woman walks through an almost-deserted Times Square in the early morning hours on April 23, 2020 in New York City.(AFP)
Updated on May 08, 2020 06:36 PM IST
Copy Link
Washington | ByAgence France-Presse | Posted by: Harshita Singh

CEOs see 40% revenue dip in June quarter: Poll

More than half the CEOs foresee job losses after the lockdown ends, said the poll. Businesses have largely refrained from layoffs, but the hit suffered by their revenue streams has started causing financial distresses which would deepen if they remain shut longer, making job losses inevitable, the survey warned.
Forty-five percent of CEOs expect the economy to take more than a year to revive and 36% think the recovery will take six months to a year, the CII poll found.(Bloomberg)
Forty-five percent of CEOs expect the economy to take more than a year to revive and 36% think the recovery will take six months to a year, the CII poll found.(Bloomberg)
Updated on May 04, 2020 02:18 AM IST
Copy Link
Hindustan Times, New Delhi | ByRajeev Jayaswal, New Delhi

School body seeks clarity on govt order, deadline for late fee payment

On April 23, the state government had ordered that private schools could only seek monthly tuition fee till the time the lockdown continues.
While the parents have sought a fee waiver, the district education department reiterated that all stakeholders must comply with its last order.(Diwakar Prasad/ Hindustan Times)
While the parents have sought a fee waiver, the district education department reiterated that all stakeholders must comply with its last order.(Diwakar Prasad/ Hindustan Times)
Updated on May 02, 2020 04:30 AM IST
Copy Link
Hindustan Times, Gurugram | ByHT Correspondent, Gurugram

Airbus reduces production due to COVID-19, delivery of aircraft to Indian clients likely to be delayed

Airbus - one of the largest commercial aircraft manufacturing companies in the world - has reduced its aircraft production rates by roughly one-third due to COVID-19 pandemic.
India has placed the largest order of commercial aircraft to Airbus. Recently, IndiGo had placed the order of 300 A-320neo family aircraft to Airbus.(Unsplash)
India has placed the largest order of commercial aircraft to Airbus. Recently, IndiGo had placed the order of 300 A-320neo family aircraft to Airbus.(Unsplash)
Updated on Apr 19, 2020 04:29 PM IST
Copy Link
New Delhi | ByAsian News International

Japan faces higher risk of job losses, data analysis shows

Dai-ichi Life Research Institute conducted the analysis on the government’s March confidence survey, involving taxi drivers, hotel and restaurant staff - who are known as “economy watchers”.
The analysis, using a technic known as “text mining”, showed that the word “job” was frequently used in combination with the word “adjustment”.(Unsplash)
The analysis, using a technic known as “text mining”, showed that the word “job” was frequently used in combination with the word “adjustment”.(Unsplash)
Updated on Apr 13, 2020 06:24 PM IST
Copy Link
Tokyo | ByReuters

Covid-19: Unions seek labour minister’s intervention to prevent job losses, pay cuts; demand income support scheme for informal workers

The 10 central trade unions have written a letter to the minister, bringing to his attention issues like job losses, forced unpaid leave and salary cuts.
Labour Minister Santosh Gangawar.(File photo)
Labour Minister Santosh Gangawar.(File photo)
Published on Apr 02, 2020 05:49 PM IST
Copy Link
New Delhi | ByPress Trust of India

Non-financial companies hit harder by slowdown, financial firms gain

The Indian economy has been losing growth momentum for six consecutive quarters up to September, 2019. GDP growth fell to 4.5% in the quarter ending September, the lowest since March 2013.
A laborer watches a movie on his mobile phone as he takes a break with others as they repair a road in Mumbai.(Photo: AP)
A laborer watches a movie on his mobile phone as he takes a break with others as they repair a road in Mumbai.(Photo: AP)
Updated on Jan 26, 2020 11:06 AM IST
Copy Link
Hindustan Times, New Delhi | ByVineet Sachdev
SHARE
  • 1
  • 2
  • ...
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Wednesday, December 01, 2021