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Urban unemployment fell to 6.8% in January-March period of 2022-23: Government survey India's urban unemployment rate fell to 6.8 per cent during the January-March period of 2022-23 from 7.2 per cent in the corresponding period of last year, according to data released by the Ministry of Statistics and Programme Implementation on Monday. At this rate, the unemployment rate in Indian cities is the lowest since the quarterly periodic labour force survey (PLFS) came into existence in 2018-19. As per this survey, a person is considered employed if they worked for at least...
Urban unemployment fell to 6.8% in January-March period of 2022-23: Government survey
Urban unemployment fell to 6.8% in January-March period of 2022-23: Government survey
Source: IANS
30/05/2023 9:19:37 AM
New Zealand`s unemployment rate remains at 3.4% New Zealand's unemployment rate stood at 3.4 per cent in the March 2023 quarter, unchanged from last quarter, with the average hourly wages rising 7.6 per cent, according to figures released by the statistics department on Wednesday. Stats NZ said that the average hourly wages reached NZ$38.93 ($24.3) in the first three months of 2023, Xinhua news agency reported. The underutilisation rate, a broad measure of spare labour capacity that includes those unemployed, underemployed, and i...
New Zealand`s unemployment rate remains at 3.4%
New Zealand`s unemployment rate remains at 3.4%
Source: IANS
3/05/2023 3:21:33 PM
`Startups in India bring down unemployment rate` Startups in India are contributing towards bringing down the unemployment rate in the country to a great extent, Software Technology Park of India Director General Arvind Kumar said here on Wednesday. Kumar was in the city recently to unveil STPI incubation facility. Any NGO registered as a private limited company with a novel idea that meets the set criteria can be taken up as a startup. Interacting exclusively with IANS, he said, "Currently, around 10,000 startups are being su...
`Startups in India bring down unemployment rate`
`Startups in India bring down unemployment rate`
Source: IANS
19/04/2023 5:20:31 PM
Philippines` unemployment rate remained at 4.8% in February The unemployment rate in the Philippines remained at its previous month's rate of 4.8 per cent in February, official data revealed on Tuesday. Data from the Philippine Statistics Authority (PSA) showed 2.47 million Filipinos were out of work in February, higher than the 2.37 million recorded in January, reports Xinhua news agency. National Economic and Development Authority Secretary Arsenio Balisacan said the Philippines' unemployment rate decreased from 6.4 per cent in Februar...
Philippines` unemployment rate remained at 4.8% in February
Philippines` unemployment rate remained at 4.8% in February
Source: IANS
11/04/2023 2:20:15 PM
Malaysia registers unemployment rate of 3.6% in January The number of unemployed persons in January continued to decrease, reaching 596,100, registering a 3.6-per cent unemployment rate, official data showed on Thursday. The Department of Statistics Malaysia (DOSM) said in a statement that the country's labour market continued on an upward trend following the current improvement of the country's economic position, in keeping with the expansion of the global economy. Therefore, the number of the labour force in January improved furthe...
Malaysia registers unemployment rate of 3.6% in January
Malaysia registers unemployment rate of 3.6% in January
Source: IANS
9/03/2023 6:24:17 PM
Philippines` unemployment rate rises slightly to 4.8% in January The unemployment rate in the Philippines rose to 4.8 per cent in January 2023 from 4.3 per cent in December 2022, official data revealed on Thursday. The data from Philippine Statistics Authority (PSA) showed 2.37 million Filipinos were out of work in January, higher than the 2.22 million in December 2022, reports Xinhua news agency. "The main factor that contributed to the high unemployment numbers in January was construction, with about 557,000," PSA head Dennis Mapa told a ...
Philippines` unemployment rate rises slightly to 4.8% in January
Philippines` unemployment rate rises slightly to 4.8% in January
Source: IANS
9/03/2023 4:56:52 PM
IIT Guwahati receives 168 placement offers on Day 1 Placements for the 2022-23 academic year at the Indian Institute of Technology Guwahati (IITG) began on a strong note on Thursday with a total of 168 offers made by 46 companies, officials said. The institute received two international offers, the highest being of Rs 2.4 crore per annum, besides a highest domestic offer of Rs 1.1 crore per annum. An IITG official said that the 168 offers included job profiles such as software development engineer, core engineer, UX designer, VLSI, vehic...
IIT Guwahati receives 168 placement offers on Day 1
IIT Guwahati receives 168 placement offers on Day 1
Source: IANS
2/12/2022 11:34:17 AM
Unemployment in Brazil falls to lowest level in 7 years Unemployment in Brazil fell to 8.9 per cent in the quarter ending in August, the lowest level in seven years, the state-run Institute of Geography and Statistics (IBGE) said. From June through August, the unemployment rate in the South American country dropped 0.9 percentage points compared to the March-to-May period, and decreased by 4.2 percentage points year on year, reports Xinhua news agency. According to the IBGE, the drop of the unemployment rate means that the number of unemploy...
Unemployment in Brazil falls to lowest level in 7 years
Unemployment in Brazil falls to lowest level in 7 years
Source: IANS
2/10/2022 12:22:47 PM
South Korea`s unemployment rate hits all-time low South Korea's unemployment rate hit an all-time low last month, but the pace of job growth slowed down for the third month in a row amid economic uncertainties, new data revealed on Friday. The number of employed people stood at 28.41 million in August, up 807,000 from a year earlier, according to the data compiled by Statistics Korea. It is the highest on-year rise for any August since 2000, when the country added 848,000 jobs from the previous year, reports Yonhap News Agency. ...
South Korea`s unemployment rate hits all-time low
South Korea`s unemployment rate hits all-time low
Source: IANS
16/09/2022 11:00:22 AM
Canada`s unemployment rate rises in August Canada's unemployment rate rose to 5.4 per cent in August for the first time in seven months, Statistics Canada has said. The unemployment rate, up 0.5 percentage points from the record low of 4.9 per cent observed in June and July, was the first increase not coinciding with a tightening of public health restrictions since May 2020, when the unemployment rate reached its pandemic peak, Xinhua news agency cited the national statistical agency as saying. The unemployment rate increase...
Canada`s unemployment rate rises in August
Canada`s unemployment rate rises in August
Source: IANS
10/09/2022 11:20:28 AM
With unemployment rate soaring in Goa, MEAI appeals for resuming mining operations Raising serious concerns about the rising unemployment rate in the state, the Goa chapter of Mining Engineers' Association of India (MEAI) appealed to the governments at the Centre and state to immediately allow the resumption of mining activities through best possible means. Citing the very high rate of unemployment in the state, the Goa chapter of MEAI claimed that in the absence of industrial activity, mining professionals are facing an unprecedented job crisis. Goa's unemployme...
With unemployment rate soaring in Goa, MEAI appeals for resuming mining operations
With unemployment rate soaring in Goa, MEAI appeals for resuming mining operations
Source: IANS
21/06/2022 2:27:38 PM
India better placed than many other countries to avoid stagflation risk: RBI RBI article on the state of the economy has said that India is better placed than many competing countries to avoid the risks of a potential stagflation amid an increasingly hostile external environment. It noted that global economic conditions continue to deteriorate as ratcheting up of commodity prices and financial market volatility have led to heightened uncertainty. It stated that stagflation is the combination of slow economic growth along with high unemployment and high inflation. T...
India better placed than many other countries to avoid stagflation risk: RBI
India better placed than many other countries to avoid stagflation risk: RBI
Source: Accord Fintech
17/06/2022 12:39:06 PM
Unemployment rate for aged 15 years and above falls to 8.2% in January-March 2022: NSO survey A periodic labour force survey (PLFS) by the National Statistical Office (NSO) has showed improvement as the unemployment rate for persons aged 15 years and above in urban areas dipped to 8.2 per cent in January-March 2022 from 9.3 per cent in the year-ago quarter. Joblessness or unemployment rate is defined as the percentage of unemployed persons among the labour force. Joblessness was high in January-March in 2021 mainly due to the staggering impact of the lockdown restrictions in the count...
Unemployment rate for aged 15 years and above falls to 8.2% in January-March 2022: NSO survey
Unemployment rate for aged 15 years and above falls to 8.2% in January-March 2022: NSO survey
Source: Accord Fintech
17/06/2022 9:30:57 AM
India’s unemployment rate dips to 4.2% in July 2020-June 2021: PLF Survey The Periodic Labour Force (PLF) Survey issued by the Ministry of Statistics and Programme Implementation has said that the unemployment rate or the proportion of persons in the labor force who could not find jobs has dipped to 4.2 percent in July 2020-June 2021 from 4.8 percent a year ago amid the pandemic that caused economic disruption. The unemployment rate was 5.8 percent in 2018-19 and 6.1 percent in 2017-18. It showed that joblessness has come down gradually during the four year...
India’s unemployment rate dips to 4.2% in July 2020-June 2021: PLF Survey
India’s unemployment rate dips to 4.2% in July 2020-June 2021: PLF Survey
Source: Accord Fintech
16/06/2022 12:12:19 PM
Japan's unemployment rate drops for 3rd straight month Japan's unemployment rate dropped to 2.5 per cent in April, marking the third straight month of decline, the government said in a report on Tuesday. According to the Ministry of Internal Affairs and Communications, on a seasonally adjusted basis, the unemployment rate fell 0.1 percentage point from a month earlier, recovering to a level not seen since March 2020, reports Xinhua news agency. Separately, the Ministry of Health, Labour and Welfare, said the job availability ratio rose ...
Japan's unemployment rate drops for 3rd straight month
Japan's unemployment rate drops for 3rd straight month
Source: IANS
31/05/2022 4:45:22 PM
India's jobless rate rises to 7.83% in April - CMIE NEW DELHI - India's unemployment rate rose to 7.83% in April from 7.60% in March, data from the Centre for Monitoring Indian Economy (CMIE) showed on Sunday. The urban unemployment rate rose to 9.22% in April from 8.28% the previous month, while the rural unemployment rate slipped to 7.18% from 7.29%, the data showed. The highest unemployment rate of 34.5% was recorded in the northern state of Haryana, followed by 28.8% in Rajasthan. Economists say job opportunities have been hit...
India's jobless rate rises to 7.83% in April - CMIE
India's jobless rate rises to 7.83% in April - CMIE
Source: Reuters
2/05/2022 8:52:25 AM
Urban unemployment rate fell to 9.8% in July-September 2021: NSO survey The National Statistical Office (NSO) in its a periodic labour force survey has showed that unemployment rate for persons of age 15 years and above in urban areas dipped to 9.8 per cent in July-September 2021 from 13.2 per cent in the same quarter of the previous year. The joblessness was high in July-September in 2020 mainly due to the staggered impact of lockdown restrictions in the country which were imposed to curb the spread of deadly coronavirus. The unemployment rate for persons of ...
Urban unemployment rate fell to 9.8% in July-September 2021: NSO survey
Urban unemployment rate fell to 9.8% in July-September 2021: NSO survey
Source: Accord Fintech
23/03/2022 10:52:45 AM
Eye on Budget: Relief to individuals expected to mitigate inflation, unemployment  In an environment of high inflation due to higher input cost and high unemployment caused due to the Covid-19 pandemic, the government is expected to provide relief to individuals and increase disposable income to boost consumption in the Union Budget FY23, to be tabled in the Parliament on February 1. The government may increase the limits on standard deduction from Rs 50,000 to Rs 1 lakh, SMC Global Securities said in a report. It expects increase in tax benefit on home loan int...
Eye on Budget: Relief to individuals expected to mitigate inflation, unemployment
Eye on Budget: Relief to individuals expected to mitigate inflation, unemployment
Source: IANS
22/01/2022 7:50:03 PM
Unemployment, Covid top most worries for urban Indians: Survey According to the Ipsos 'What Worries the World' global monthly survey, unemployment (42 per cent) and coronavirus (42 per cent) have emerged as the biggest worries of Urban Indians -- both tied at the top spot. Compared to the previous month, coronavirus has declined by 5 per cent in worry levels, unemployment has increased in worry levels by 2 per cent. According to the survey, urban Indians are most worried about unemployment (42 per cent), coronavirus (42 per cent), financial...
Unemployment, Covid top most worries for urban Indians: Survey
Unemployment, Covid top most worries for urban Indians: Survey
Source: IANS
30/09/2021 12:49:57 PM
U.S. weekly jobless claims drop below 500,000; layoffs lowest since 2000 WASHINGTON  - The number of Americans filing new claims for unemployment benefits fell below 500,000 last week for the first since the COVID-19 pandemic started more than a year ago, signaling the labor market recovery had entered a new phase amid a booming economy. That was reinforced by other data on Thursday showing U.S.-based employers in April announced the fewest job cuts in nearly 21 years. The reports added to other upbeat employment data in suggesting that the economy enjoyed...
U.S. weekly jobless claims drop below 500,000; layoffs lowest since 2000
U.S. weekly jobless claims drop below 500,000; layoffs lowest since 2000
Source: Reuters
7/05/2021 10:07:01 AM
`Life is precious` say Indian migrants fleeing COVID-hit cities MUMBAI - Amid India's COVID-19 crisis, migrant workers are abandoning cities and heading for their villages in droves in a repeat of last year's exodus when the lockdown shut industries and left them jobless - but this time they are worried about safety. India's toll from the coronavirus surged past 200,000 on Wednesday with nearly 18 million people infected, according to government data, with the cities of Delhi, Mumbai, Pune, Surat and Bangalore under lockdown. Health...
`Life is precious` say Indian migrants fleeing COVID-hit cities
`Life is precious` say Indian migrants fleeing COVID-hit cities
Source: Reuters
28/04/2021 5:03:57 PM
U.S. weekly jobless claims hit 13-month low; home sales tumble WASHINGTON - The number of Americans filing new claims for unemployment benefits fell to a 13-month low last week, suggesting layoffs were subsiding and strengthening expectations for another month of blockbuster job growth in April as a re-opening economy unleashes pent-up demand. While the labor market recovery is gaining speed, red flags are emerging in the housing market, the economy's star performer during the COVID-19 pandemic. Sales of previously-owned homes tumbled to a seven-m...
U.S. weekly jobless claims hit 13-month low; home sales tumble
U.S. weekly jobless claims hit 13-month low; home sales tumble
Source: Reuters
23/04/2021 10:15:12 AM
Unemployment remains top worry for urban Indians: Report Although the economy moves towards a rebound, unemployment remains the topmost worry among urban Indians, a report said. An Ipsos survey showed that joblessness remains India's topmost worry and has further increased by 4 per cent in 'worry' levels. Likewise, Covid-19 which is India's second biggest worry, after a major reduction last month in its intensity, has climbed up by 4 per cent in March 2021. The top five worries of urban Indians were unemployment or joblessn...
Unemployment remains top worry for urban Indians: Report
Unemployment remains top worry for urban Indians: Report
Source: IANS
5/04/2021 8:58:11 AM