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ILO warns of new global jobs crisis, says 50 million jobs lost during crisis still missing

-IANS The International Labour Organisation (ILO) Monday warned of the emergence of a global jobs crisis, noting that around 50 million jobs that were lost during the financial crisis are still missing today. Despite signs that economic growth has resumed in some regions, the global employment situation is alarming and shows no sign of recovery in the near future, the ILO said in a report entitled "World of Work Report 2012: Better...

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It's Official: India's growth is jobless

The robust 9 per cent –plus growth in South Asia till 2010, driven largely by India, where it came down to around 7 per cent in 2011-12, had one major qualifier: it was mostly associated with a rapid rise in labour productivity rather than an expansion in employment, according to the latest report Global Employment Trends from International Labour Office. Up until the end of the millennium, that is just a...

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A Jurassic Park of GDP monsters-Vandana Shiva

The economic crisis, the ecological crisis and the food crisis are a reflection of an outmoded and fossilised economic paradigm. It is a paradigm that grew out of mobilising resources for the war by creating the category of “growth”. It is rooted in the age of oil and fossil fuels. It is fossilised because it is obsolete, a product of the age of fossil fuels. If we have to address...

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NREGA: Wages are often denied or delayed, with corruption rife-Inayat Sabhikhi

-The Economic Times   Shibu Joseph ( Why I am Quitting my Job, ET, March 29) suggests, tongue-in-cheek, that he should quit the drudgery of corporate life and, instead, enjoy the "freebies" given to the aam aadmi, like the right to work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).  I am not going to write on behalf of the crores of people who work in this programme, because I am...

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The sacred mountain And why tribals are willing to die for it-Bibhuti Pati

Natives of Niyamgiri feel that the police is acting as an agent of the Vedanta group, playing dirty tricks to help the company go ahead with its plans to mine bauxite from the sacred hills ONE OF the world’s most controversial mines is back in the spotlight after hundreds protested against renewed efforts to mine Odisha’s Niyamgiri Hills. Dongria Kondh and Niyamgiri supporters held their own ‘public hearing’ in Odisha...

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