India is still not out of the woods as far as #unemployment is concerned, after a year when the #lockdown.
☑️The #unemployment rate was recorded at 6.9% in Feb 2021. More details👇
https://www.moneycontrol.com/news/business/economy/one-year-since-covid-19-lockdown-india-still-recovering-from-unemployment-blow-6686801.html?utm_source=telegram&utm_medium=social
☑️The #unemployment rate was recorded at 6.9% in Feb 2021. More details👇
https://www.moneycontrol.com/news/business/economy/one-year-since-covid-19-lockdown-india-still-recovering-from-unemployment-blow-6686801.html?utm_source=telegram&utm_medium=social
Moneycontrol
One Year Since COVID-19 Lockdown: India Still Recovering From Unemployment Blow
The government had imposed a lockdown to curb the spread of the pandemic but this impacted economic and commercial activities and resulted in job loss and later on the exodus of migrant workers which rocked the entire nation.
#MCOpinion: The 2nd wave will compound the misery of repeated #economic disruptions and slowdowns over the past few years. #Unemployment will rise, and possibly many more people will drop out of the labour force.
https://www.moneycontrol.com/news/opinion/covid-19-second-wave-economic-challenges-india-must-be-prepared-for-6857211.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/opinion/covid-19-second-wave-economic-challenges-india-must-be-prepared-for-6857211.html?utm_source=telegram&utm_medium=social
Moneycontrol
COVID-19 Second Wave | Economic Challenges India Must Be Prepared For
The declining economic activity may force the Centre to re-impose a spending cap. This can jeopardise the ambitious plan of infrastructure spending to spur the economy
#MCProOpinion: Festive season is picking up pace and that is reflecting in robust showing among weekly indicators. But #unemployment remains a concern.
What else does the Economic Recovery Tracker tell about outlook for the #economy? Find out here ⤵️
https://www.moneycontrol.com/news/opinion/economic-recovery-tracker-unemployment-indicator-shows-a-sharp-improvement-5427551.html?utm_source=telegram&utm_medium=social
What else does the Economic Recovery Tracker tell about outlook for the #economy? Find out here ⤵️
https://www.moneycontrol.com/news/opinion/economic-recovery-tracker-unemployment-indicator-shows-a-sharp-improvement-5427551.html?utm_source=telegram&utm_medium=social
Moneycontrol
Pro Economic Tracker: Auto registration, consumer sentiments improve, labour participation dips
Consumer sentiment saw the most significant improvement in six weeks, bolstered by gains in both rural and urban areas. Data updated as of November 3
The job market across economies will take longer to recover, and the world labour market will witness an equivalent of 52 million fewer jobs in 2022 versus the pre #Covid19 levels, International Labour Organisation.
Prashant K. Nanda writes at
https://www.moneycontrol.com/news/business/global-job-market-will-take-longer-to-recover-2022-to-see-52-mn-less-jobs-than-pre-pandemic-level-ilo-7948891.html
#jobs #unemployment
Prashant K. Nanda writes at
https://www.moneycontrol.com/news/business/global-job-market-will-take-longer-to-recover-2022-to-see-52-mn-less-jobs-than-pre-pandemic-level-ilo-7948891.html
#jobs #unemployment
Moneycontrol
Global job market will take longer to recover; 2022 to see 52 mn less jobs than pre-pandemic level: ILO
A return to pre-pandemic performance in jobs space is likely to remain elusive for much of the world over the coming years, and damage will take years to repair, the UN body added.
#Budget2022WithMC: To address a dire situation, with unemployment increasing, #Budget2022 does nothing, said CMIE MD & CEO Mahesh Vyas adding that it didn’t shock him since the govt has been denying the #unemployment problem.
Read at 👇
https://www.moneycontrol.com/news/business/economy/budget-2022-doesnt-address-indias-job-crisis-cmies-mahesh-vyas-8039261.html?utm_source=telegram&utm_medium=social
Read at 👇
https://www.moneycontrol.com/news/business/economy/budget-2022-doesnt-address-indias-job-crisis-cmies-mahesh-vyas-8039261.html?utm_source=telegram&utm_medium=social
Moneycontrol
Budget 2022 doesn’t address India’s job crisis: CMIE’s Mahesh Vyas
The director and CEO of Centre for Monitoring Indian Economy, which also tracks unemployment data, said that the Budget was disappointing but in line with the Centre’s stand of denial
#MCOpinion: Most voters do not understand data and jargon. What they do understand and feel the pinch is #inflation, #unemployment, and income levels.
Read more 👇
https://www.moneycontrol.com/news/opinion/up-elections-its-the-economy-stupid-really-8103041.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/opinion/up-elections-its-the-economy-stupid-really-8103041.html?utm_source=telegram&utm_medium=social
Moneycontrol
UP Elections | It’s the economy, stupid. Really?
The economic performance of the Yogi Adityanath government in Uttar Pradesh has been impacted by the COVID-19 pandemic. It is undeniably a headwind for the BJP. However, UP voters could be forgiving
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%, data from the Centre for Monitoring Indian Economy showed.
Read the story to know more 👇
https://www.moneycontrol.com/news/business/indias-unemployment-rate-rises-to-7-83-in-april-haryana-tops-the-list-report-8440771.html?utm_source=telegram&utm_medium=social
Read the story to know more 👇
https://www.moneycontrol.com/news/business/indias-unemployment-rate-rises-to-7-83-in-april-haryana-tops-the-list-report-8440771.html?utm_source=telegram&utm_medium=social
Moneycontrol
India's unemployment rate rises to 7.83% in April, Haryana tops the list: Report
The urban unemployment rate rose to 9.22% in April from 8.28% the previous month
#MCOpinion: #Unemployment, price rise, #corruption, demand for the restoration of the old age pension scheme, and the Agnipath recruitment drive are the key issues in the upcoming #HimachalPradeshElections.
Read at 👇
https://bit.ly/3FzkISP
Read at 👇
https://bit.ly/3FzkISP
Moneycontrol
Assembly Elections | Will Himachal Pradesh buck the trend?
The BJP is banking on Prime Minister Narendra Modi’s charisma to beat the strong anti-incumbency against the incumbent state government, and break the cycle as in Uttarakhand