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unemployment

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The latest initial claims data also coincide with the reference period for the December jobs report, adding to signs that the month could show a weakening labour market after payrolls increased by 245,000 in November, less than half the October gain.(AP (Representative Image))

US jobless claims unexpectedly jump to highest in three months

By Bloomberg | Posted by Nilavro Ghosh
PUBLISHED ON DEC 17, 2020 08:24 PM IST
Initial jobless claims in regular state programs rose by 23,000 to 885,000 in the week ended December 12, Labour Department data showed Thursday. On an unadjusted basis, the figure fell by about 21,000.
The figures will revive criticism that Chancellor of the Exchequer Rishi Sunak acted too late when he expanded programs to support jobs and businesses hit by the worst downturn in 300 years.(Bloomberg (Representative Image))
The figures will revive criticism that Chancellor of the Exchequer Rishi Sunak acted too late when he expanded programs to support jobs and businesses hit by the worst downturn in 300 years.(Bloomberg (Representative Image))

UK unemployment rate highest since 2016 as pandemic impact worsens

By Bloomberg | Posted by Nilavro Ghosh
UPDATED ON DEC 15, 2020 01:48 PM IST
The government expects the jobless rate to rise to 7.5%, and a potential no-deal exit from the European Union’s single market will make it even harder for the economy to bounce back.
More than 20 million people are now receiving unemployment benefits.(AP)
More than 20 million people are now receiving unemployment benefits.(AP)

A bleak outlook for millions facing cutoff of US jobless aid

Indianpolis | By Associated Press | Posted by Shivani Kumar
UPDATED ON DEC 05, 2020 10:43 PM IST
Unemployment has forced aching decisions on millions of Americans and their families in the face of a rampaging viral pandemic that has closed shops and restaurants, paralyzed travel and left millions jobless for months.
The idea is to provide work to local block-level contractors, who will provide employment to diploma holders and engineers in projects of their area, said the government. (Photo @ChhattisgarhCMO)
The idea is to provide work to local block-level contractors, who will provide employment to diploma holders and engineers in projects of their area, said the government. (Photo @ChhattisgarhCMO)

Chhattisgarh govt announces steps to ease unemployment, engineers to benefit

Hindustan Times, Raipur | By Ritesh Mishra
UPDATED ON DEC 01, 2020 04:51 PM IST
The E-category registration system is to be initiated in all the construction departments, bodies, and boards of the state government and directions have been issued in this regard.
While analysing the response of the beneficiaries to the scheme under relaxed conditions, it was found that the condition of submitting the claim in affidavit form is causing inconvenience to the claimants, the ministry said(ESIC website)
While analysing the response of the beneficiaries to the scheme under relaxed conditions, it was found that the condition of submitting the claim in affidavit form is causing inconvenience to the claimants, the ministry said(ESIC website)

Affidavit form not necessary to claim unemployment benefit from ESIC

New Delhi | By Press Trust of India | Posted by Nilavro Ghosh
PUBLISHED ON NOV 08, 2020 11:00 PM IST
The ESIC in its meeting held on August 20, 2020 had extended the scheme ‘Atal Beemit Vyakti Kalyan Yojana’ from July 1, 2020 to June 30, 2021.
Federal Reserve Chair Jerome Powell said the US economy is healthy.(Reuters File Photo)
Federal Reserve Chair Jerome Powell said the US economy is healthy.(Reuters File Photo)

US economy healthy, unemployment could stay high for years: Fed chief

Washington | By Agence France-Presse | Posted by Kanishka Sarkar
UPDATED ON AUG 27, 2020 09:33 PM IST
“But millions of workers in travel, hotels and restaurants have been directly impacted, which means “a couple of years of... relatively high unemployment,” Federal Reserve Chair Jerome Powell said.
People line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, US on June 18, 2020.(Reuters File Photo)
People line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, US on June 18, 2020.(Reuters File Photo)

Global growth potential tumbles as unemployment spikes, says Fitch

By Bloomberg | Posted by Kanishka Sarkar
UPDATED ON JUL 28, 2020 10:34 AM IST
The world economy entered the second half of 2020 still deeply weighed down by the pandemic. The coronavirus recession is expected to still see GDP levels in the largest advanced economies remain around 3% to 4% below their pre-virus trend path by the middle of this decade, Fitch said.
“With the labour market set for more job losses, we have to question whether we are seeing early signs of economic recovery or that infamous ‘dead cat bounce’. Most bets will be on the dead cat,” GfK director Joe Staton said.(REUTERS)
“With the labour market set for more job losses, we have to question whether we are seeing early signs of economic recovery or that infamous ‘dead cat bounce’. Most bets will be on the dead cat,” GfK director Joe Staton said.(REUTERS)

UK consumer sentiment strongest since Covid-19 lockdown began: Survey

London | By Reuters | Posted by Prashasti Singh
UPDATED ON JUN 19, 2020 08:07 AM IST
The GfK consumer confidence index, Britain’s longest-running such survey, increased to its highest since March at -30, up from -36 in late May, which was the lowest reading since the depths of the financial crisis.
A man looks at notices on the window of an unemployment office in Madrid, Spain. The coronavirus outbreak is straining social safety nets across the globe.(AP File Photo)
A man looks at notices on the window of an unemployment office in Madrid, Spain. The coronavirus outbreak is straining social safety nets across the globe.(AP File Photo)

1.5 million more laid-off workers seek unemployment benefits in US even as economy reopens

Washington | By Associated Press | Posted by Kanishka Sarkar
UPDATED ON JUN 19, 2020 07:05 AM IST
Owing to the coronavirus pandemic the economy and the job market face a raft of uncertainties that could slow or even derail a recovery.
A closed sign hangs in the door of a temporarily closed down retail outlet in Norwich, U.K., on Tuesday, June 9, 2020. With the economy on course for its deepest recession for at least a century, the Boris Johnson government is now paying the wages of more than nine million workers to stave off mass unemployment.(Bloomberg)
A closed sign hangs in the door of a temporarily closed down retail outlet in Norwich, U.K., on Tuesday, June 9, 2020. With the economy on course for its deepest recession for at least a century, the Boris Johnson government is now paying the wages of more than nine million workers to stave off mass unemployment.(Bloomberg)

UK unemployment rising ‘faster than during Great Depression’ due to Covid-19 crisis

London | By Associated Press | Posted by Anubha Rohatgi
UPDATED ON JUN 16, 2020 02:35 PM IST
The actual spike in unemployment would have been much higher were it not for the British government’s Job Retention Scheme, which has been paying a big part of the salaries of more than 9 million people.
U.S. President Donald Trump holds a coronavirus disease (COVID-19) outbreak response press briefing in the Rose Garden of the White House in Washington, U.S., May 11, 2020.(REUTERS)
U.S. President Donald Trump holds a coronavirus disease (COVID-19) outbreak response press briefing in the Rose Garden of the White House in Washington, U.S., May 11, 2020.(REUTERS)

Donald Trump sees unemployment rate worse than 10% until September

By Bloomberg
PUBLISHED ON MAY 14, 2020 05:18 PM IST
Trump said in an interview with Fox Business that the economy, which has been crippled by fallout from the coronavirus, “will transition” in the third quarter and that the U.S. is “going to be strong again” next year.
Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns, Wednesday, March 18, 2020, in New York. Applications for jobless benefits are surging in some states as coronavirus concerns shake the U.S. economy.(AP)
Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns, Wednesday, March 18, 2020, in New York. Applications for jobless benefits are surging in some states as coronavirus concerns shake the U.S. economy.(AP)

3.8 million more in US apply for jobless aid

Washington | By Associated Press
PUBLISHED ON MAY 01, 2020 09:12 AM IST
With more employers cutting payrolls to save money, economists have forecast that the unemployment rate for April could go as high as 20%. That would be the highest rate since it reached 25% during the Great Depression.
Representational image. (Unsplash)
Representational image. (Unsplash)

S.Korea workforce participation rate posts fastest drop since 2009

Seoul | By Reuters
PUBLISHED ON APR 17, 2020 01:32 PM IST
The participation rate - which measures those working or looking for work - was 62.2% in March, 0.9 percentage points lower than a year earlier, the fastest drop since April 2009 during the global financial crisis.
The basis for convalescent plasma therapy is simple: plasma – a component of the blood – from a recovered patient carries the specific antibodies that can neutralise the Sars-Cov-2 virus.(Shutterstock)
The basis for convalescent plasma therapy is simple: plasma – a component of the blood – from a recovered patient carries the specific antibodies that can neutralise the Sars-Cov-2 virus.(Shutterstock)

Plasma transfusion promise and unemployment rate: Covid-19 news today

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON APR 08, 2020 11:12 AM IST
Here are the top stories on Covid-19 pandemic from India today.
HT Image
HT Image

Check facts on unemployment before raising issue, CM to Akalis

Hindustan Times, Chandigarh | By HT Correspondent, Chandigarh
PUBLISHED ON MAR 09, 2020 09:07 PM IST
CM said the very premise of Akali’s criticism of his government’s employment generation programme was based on flawed data.
HT Image
HT Image

SAD, AAP target govt on high power tariff, unemployment

Hindustan Times, Chandigarh | By HT Corespondent, Chandigarh
PUBLISHED ON FEB 25, 2020 11:22 PM IST
Legislator and leader of the Akali Dal’s legislative wing Sharanjit Singh Dhillon claimed that the power consumers in the state have been burdened with high electricity bills.
Congress MP Rahul Gandhi arrives to attend the Parliament Budget Session 2020-21, in New Delhi on Saturday.(Sonu Mehta/HT Photo)
Congress MP Rahul Gandhi arrives to attend the Parliament Budget Session 2020-21, in New Delhi on Saturday.(Sonu Mehta/HT Photo)

‘Don’t be scared of my questions’: Rahul Gandhi jabs govt over unemployment

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 03, 2020 12:57 PM IST
The former Congress president had attacked the Union Budget saying that there was no strategic idea or anything concrete in it.
(Sanchit Khanna/HT PHOTO)
(Sanchit Khanna/HT PHOTO)

Unpacking the learning crisis underlying the country’s current unemployment challenge

By Sudipto Mundle
PUBLISHED ON JAN 22, 2020 05:05 PM IST
Using data from the NSS Periodic Labour Force Survey (PLFS) report for 2017-18, Ghosh, a leading authority on India’s employment situation, estimates that there is a total backlog of some 79 million surplus plus openly unemployed workers.
The annual WESO Trends report analyses key labour market issues, including unemployment, labour underutilisation, working poverty, income inequality, labour income share and factors that exclude people from decent work.(HT file)
The annual WESO Trends report analyses key labour market issues, including unemployment, labour underutilisation, working poverty, income inequality, labour income share and factors that exclude people from decent work.(HT file)

Global unemployment projected to rise by around 2.5 million in 2020: UN report

United Nations | By Press Trust of India
PUBLISHED ON JAN 21, 2020 02:19 PM IST
The number of people unemployed around the world stands at some 188 million. In addition, 165 million people do not have enough paid work, and 120 million have either given up actively searching for work or otherwise lack access to the labour market.
Several MBAs and engineers figure among candidates for sweeper position in Tamil Nadu’s Coimbatore(Hindustan Times Photo/File/Representative)
Several MBAs and engineers figure among candidates for sweeper position in Tamil Nadu’s Coimbatore(Hindustan Times Photo/File/Representative)

Engineers, MBAs among 3,500 graduates seeking sweeper jobs in Tamil Nadu

Hindustan Times, Chennai | By M Manikandan
UPDATED ON NOV 28, 2019 09:55 PM IST
Tamil Nadu has more than 500 engineering colleges churning out technical graduates every year in numbers.
HT Image
HT Image

Depressed over unemployment, man hangs self in Ludhiana

Hindustan Times, Chandigarh | By HT Correspondent, Ludhiana
PUBLISHED ON NOV 21, 2019 11:00 PM IST
Police said the victim, Asisinder Singh, had left his job at a shipping company in Mumbai after his contract had expired four months ago, and was depressed over not getting employment after that
HT Image
HT Image

Unemployment, drug menace key issues in Haryana: Congress

Hindustan Times, Gurugram | By HT Corresondent, Gurugram
UPDATED ON OCT 11, 2019 11:06 AM IST
It has been found that the terms and conditions of employment - including salary, work hours, schedule flexibility and job security - influence overall health as well as your risk of being injured on the job.(Unsplash)
It has been found that the terms and conditions of employment - including salary, work hours, schedule flexibility and job security - influence overall health as well as your risk of being injured on the job.(Unsplash)

Here’s how your salary, work conditions affect your well being

Washington D.C. [USA] | By Asian News International
UPDATED ON SEP 30, 2019 04:28 PM IST
It has been found that the terms and conditions of employment - including salary, work hours, schedule flexibility and job security - influence overall health as well as your risk of being injured on the job.
Punjab cabinet minister Charanjit Singh Channi said government does not have exact number of unemployed youth.(HT file photo)
Punjab cabinet minister Charanjit Singh Channi said government does not have exact number of unemployed youth.(HT file photo)

Authentic data on unemployment in Punjab not available: Minister Channi

Hindustan Times, Chandigarh | By HT Correspondent
UPDATED ON SEP 03, 2019 12:15 PM IST
Minister Channi said during this job drive, a high-end Job Fair will also be organised at ISB Mohali on September 18 in which about 25 multinational companies will offer salary packages ranging from Rs 3 to 9 lakh per annum for 800 jobs.
Swaraj India, on Sunday, kicked off its nine-day-long Jan Sarokar Abhiyan Yatra from Gurugram in the presence of party president Yogendra Yadav(Yogendra Kumar/HT Photo)
Swaraj India, on Sunday, kicked off its nine-day-long Jan Sarokar Abhiyan Yatra from Gurugram in the presence of party president Yogendra Yadav(Yogendra Kumar/HT Photo)

Yogendra Yadav kicks off poll campaign from Gurugram, to focus on unemployment, poor infrastructure

Hindustan Times, Gurugram | By Sadia Akhtar
PUBLISHED ON SEP 02, 2019 06:14 AM IST
Swaraj India’s campaign is being pitched as a counter to chief minister Manohar Lal Khattar’s statewide Jan Ashirvad Yatra, which is currently underway.
Shiv Sena’s Sanjay Raut was scathing in the attack on Prime Minister Narendra Modi over India’s unemployment and the state of the economy.(HT Photo)
Shiv Sena’s Sanjay Raut was scathing in the attack on Prime Minister Narendra Modi over India’s unemployment and the state of the economy.(HT Photo)

‘Surgical strikes, Article 370 are like fast food, can’t solve unemployment’, says Shiv Sena

Hindustan Times, Mumbai | By Swapnil Rawal
PUBLISHED ON AUG 25, 2019 02:35 PM IST
Shiv Sena’s Sanjay Raut said warned that the country will “flare up” with the “anger” if the “unemployment kept rising”.
Agriculture is a major contributor to the rural Indian economy(PTI)
Agriculture is a major contributor to the rural Indian economy(PTI)

Unemployment and Agriculture: How Rural Management can bridge the gap?

By Dr. Pankaj Gupta
PUBLISHED ON AUG 16, 2019 11:28 AM IST
India essentially is a rural nation, where agriculture, horticulture, handicrafts, fisheries, poultry, and dairy are the major contributors to the rural economy. Yet, the contribution of agriculture has been dwindling, creating a space for inequalities.
Hunger, unemployment, illiteracy, violence and hatred in society need to be fought through education, Deputy CM Manish Sisodia said on Thursday.(HT file)
Hunger, unemployment, illiteracy, violence and hatred in society need to be fought through education, Deputy CM Manish Sisodia said on Thursday.(HT file)

Educators need to do ‘surgical strike’ on hunger, violence, unemployment, says Sisodia

PTI, New Delhi | By HT Correspondent
PUBLISHED ON JUN 20, 2019 01:50 PM IST
Hunger, unemployment, illiteracy, violence and hatred in society need to be fought through education, Deputy CM Manish Sisodia said on Thursday.
With the election behind them, voters in Asansol say the highly charged and often-violent campaign eclipsed material issues affecting the city of 1.1 million that has seen a number of industrial units close in recent years.(File Photo)
With the election behind them, voters in Asansol say the highly charged and often-violent campaign eclipsed material issues affecting the city of 1.1 million that has seen a number of industrial units close in recent years.(File Photo)

Unemployment continues to be a major issue in Asansol

Hindustan Times, Kolkata | By Tanmay Chatterjee
UPDATED ON MAY 21, 2019 12:39 PM IST
The dusty industrial town, once seen as the great hope of a state in decline, was a citadel of the Left for 30 years and the Bharatiya Janata Party (BJP) had never had much of a toehold in West Bengal.
The strong variations across states implies that unemployment is a function of state economic policies and we need to take this debate beyond national statistics and scrutinise local business climate across states in India(Anshuman Poyrekar/HT)
The strong variations across states implies that unemployment is a function of state economic policies and we need to take this debate beyond national statistics and scrutinise local business climate across states in India(Anshuman Poyrekar/HT)

Unemployment is a function of state policies

By Shamika Ravi
UPDATED ON MAY 10, 2019 07:33 PM IST
We must take this debate beyond national statistics and scrutinise the local business climate across states in India
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