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World unemployment up despite economic recovery

Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are unlikely to see relief any time soon as Joblessness is still climbing in many of the world's largest economies. Unemployment data typically lags other indicators of economic health as companies hold off adding staff in the early stages of a rebound. The upturns recorded recently in...

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Jobless dam bursts in city by Tamaghna Banerjee

Soumendu Barat, postgraduate in history and Bengali Nasima Begum, graduate in economics with diploma in a computer course Sanjay Dutta, postgraduate in Bengali Oct.13: In Calcutta this morning, Soumendu, Nasima and Sanjay were preparing for the biggest gamble of their lives where the chance of success is .004. The jackpot? A Group D government job that will enable them to work as “peon, orderly peon, night guard or darwan”. Joblessness, the curse generations have lived...

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Unemployment

KEY TRENDS   • In 2017-18, 24.8 percent of rural working-age men and 74.5 percent of rural working-age (viz. 15-59 years) women were not employed. In urban areas, 25.8 percent of working-age men and 80.2 percent of working-age women were not employed AB   • Both the Periodic Labour Force Survey (PLFS) and the Consumer Pyramids Survey of the Centre for Monitoring the Indian Economy (CMIE-CPDX) report the overall unemployment rate to be around 6 per cent in 2018,...

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