-The United Nations   A new report by the United Nations labour agency warns of a youth jobs crisis in both developed and developing countries, with young people aged 15 to 24 finding it increasingly difficult to obtain decent employment and future prospects are dim. As it released its “Global Employment Trends for Youth: 2011 Update,” the International Labour Organization (ILO) notes that the recent global economic crisis led to a “substantial” increase...

-The Economic Times   Chief economic advisor Kaushik Basu has said that part of the blame for the sustained high inflation in India must go to rising wages.  Basu believes that labour cost differences between the developed and labour-surplus countries such as India that have been in existence for a long time have now started narrowing which is feeding into higher prices within the country.  "The reason for inflationary pressures in India is that...

-The Economic Times   If food inflation seems to be pinching more, it is because vegetable prices barely decline in winters, milk rises through the year and egg prices remain high in summers - all because of rising demand.  Over the years, the seasonal variation in prices has dropped and consumers do not have the option of shifting to cheaper produce to keep daily costs down, says a recent Reserve Bank of India...

There isn't a single burning, insurmountable issue because of which workers at Maruti's Manesar plant have struck work thrice in the last five months . Sruthijith KK & Chanchal Pal Chauhan report from Manesar that at its core lie accumulated grievances and resentment, and events are adding fuel to the fire A day after workers at Maruti Suzuki's Manesar facility went on strike in June, 55-year-old MM Singh, the company's head...

Fourteen-year-old Shafat Ahmad works as a domestic helper in the house of a Srinagar-based government employee in Kashmir. His younger sister embroiders shawls in an unregistered textile venture in her native village of Beeru. "When my father first brought me here, my employer promised to send me to school," Shafat told IPS. Though he is keen to pursue his education, he has yet to attend a single class. The Ahmed siblings' story...