Latest data from the Paris-based OECD, a grouping of mostly developed nations, showed that jobless rate in the region slipped to 8.2 per cent in February - the fourth consecutive monthly decline.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
'"We have lost our jobs, we have lost our savings, we have been beaten up for being on the streets, we have walked for a thousand kilometres, we have seen our children starve or die because nobody came to help us".' 'For such people, the relationship with the government has gone,' notes Aakar Patel.
Rediff readers tell us about their first salaries.
'Over 27 million youngsters in their 20s lost their jobs in April.' '33 million men and women in their 30s lost jobs in April,' points out Mahesh Vyas.
The Congress on Monday slammed Haryana Chief Minister Manohar Lal Khattar for his "deplorable" remarks against Sonia Gandhi and demanded an unconditional apology from him.
Pakistan pacer Hasan Ali got trolled on social media after a video surfaced wherein the player can be seen indulging in bizarre antics at the Attari-Wagah border during the traditional flag-lowering ceremony.
IMF says there will be a lot of challenges to deal with, especially because of youth unemployment.
The manifesto also vowed to carry out caste-based census in 2020-21.
Expressing concern over rising prices, the Congress party on Monday asked the government to deal with the issue of inflation with candour and courage and take stern action against hoarding and black-marketing.
'It came out of China and it could have been stopped and I wish they had stopped it and so does the whole world wish they had stopped it'
Kerala, Punjab and Rajasthan are the other three states to pass a resolution opposing the contentious legislation, reports Archis Mohan.
Although companies have been able to tap bond markets, the recovery of global financial markets is shaky
Literally testing the waters in the politically crucial state, Priyanka Gandhi, who is in charge of eastern UP for the party, travelled about 100 kilometres on the Ganga over three days, ending Wednesday in Varanasi.
'If you believe the Congress will win in 2024 because Modi is blundering from one monumental disaster to another, that means you are living in a fool's paradise.'
'Is Modi failing is the question which the BJP will begin to ask itself,' says Amulya Ganguli.
Amid the crisis has risen an outpouring of empathy from ordinary people across India led by the civil society, who have stepped up to help migrant labourers, domestic helps, construction workers, and small scale workers who were left jobless because of the nationwide lockdown.
Industries looking for opportunities to move out of Maharashtra are the Shiv Sena's latest target.
Many political detainees have been released but former chief ministers Farooq Abdullah, Omar Abdullah and Mehbooba Mufti, who were whisked into custody in the early hours of August 5, 2019, are still in preventive detention.
'As a child, I believed that my world record would be a national pride. But I feel cheated now.'
Months after making history by winning America's Got Talent, Mumbai's V Unbeatable dancing crew is crumbling under the lockdown.
The inability of the economy to create new jobs faster than jobs are lost to automation leads to unemployment.
They not only stitch the double-pocket shirts but also design and attach the trademark emblems on its sleeves.
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
Labour law changes for three years may not be enough as it takes a couple of years for factories to build and operations at a proper scale start only in the third or fourth year.
It's high time that they found a mention in the baap of all' dictionaries.
With mosques shut, workers and daily wage workers are left to fend for themselves, underscoring once again the magnitude of the crisis of unemployment and poverty triggered by the lockdown, which began on March 25 to stem the spread of the coronavirus.
Strauss Khan argued that the stimulus measures adopted by countries to combat the global crisis should be withdrawn only when the economic recovery has taken hold and unemployment is set to decline.
Kannada film Nam Areal Ondina tells a realistic love story.
"The central government had rescued other businesses by re-structuring debts to the tune of Rs 30,000-40,000 crore. Compared to this, the amount (debt) of Jet Airways was much smaller. Moreover there was a resolution (accepted) by the lenders to save jobs and to save the airline," Sharma said.
The unemployment rate in the OECD region, comprising mostly developed nations, slipped to 8.6 per cent in May, while the count of jobless people in the area stood at 45.9 million during the same month.
On a short trip in Mumbai for a board meeting, Nick Thomlinson, chairman of Knight Frank, the global residential and commercial property consultancy, shares his insights and forecasts with Byravee Iyer.
'When we talk about social distancing, it almost impossible to maintain this in slums.' 'So we had to talk to the people about cleanliness.' 'It was a task because everybody uses public toilets. So our volunteers targeted those spots to spread awareness.'
It is premature to make the assumption that Biden's policy toward China will not be a break with Trump, observes Ambassador M K Bhadrakumar.
According to the global financial services major, following two years of sub 5 per cent growth, India's GDP is expected to be around 5.6 per cent in 2014-15 and around 6.5 per cent in 2015-16.
He also said automation, machine-learning, artificial intelligence and bots are happening, both in the software and business process outsourcing sector
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
The UPA government's flagship programme under the National Rural Employment Guarantee Act that proved to be a vote churner for the Congress in the Lok Sabha elections is being expanded to cover the rural artisans like masons and carpenters. So far only manual work was available to those seeking employment under the Act.
Car makers fear that when car prices go up and loans become expensive, running a car will also cost more. Thus a stimulus-pullback will act as the straw that broke the camel's back, says Bhupesh Bhandari.
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