Congress MP Vijay Vasanth on Tuesday gave an adjournment motion notice in Lok Sabha to discuss 'India's deepening unemployment crisis, citing CMIE and PLFS data, which show the unemployment rate at 7.8% in September 2024.
In a conference held in Mumbai, Former Union minister and Congress leader P Chidambaram expressed over the rising unemployment rate and poverty in Maharashtra and said that the people need to think before voting for their government.
Union Minister Dharmendra Pradhan has strongly criticised the opposition-ruled states for their failure to address rising unemployment rates, particularly among the youth, said a release from PM Narendra Modi's personal website.
Congress Leader Rahul Gandhi expresses concern about the increasing unemployment rate in Haryana. He posted a video on X handle highlighting the issue.
China's first response to counter its record-high youth unemployment rate was to stop publishing the data altogether. After tampering with the calculation methods for six months, the data was published again, creating a false image of normalisation. But China's "questionable methodological r
Hong Kong's economic situation worsened in the second quarter, with residents' median monthly income dropping by HK$300 to HK$21,100. The number of unemployed individuals increased by 3,000 to 114,700. Sectors like construction, retail, and food services experienced high unemployment rates.
The majority of the Fed members in the latest monetary policy meeting indicated of a policy rate cut in the September meeting, mentioned the Fed minutes released on Wednesday.
The Federal Reserve, in its latest meeting, decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per cent for the eighth time. In its statement, the Fed observed that job gains in the U.S. economy have moderated, while the unemployment rate has increased slightly but rema
The unemployment rate among the tribal communities has seen a noticeable decline, as it stood at 1.8 per cent in 2022-23, said Union Minister of State for Labour and Employment, Shobha Karandlaje, in Lok Sabha.
Liaquat Ali Shah, a banker based in Gilgit-Baltistan, voiced serious concerns about the alarming unemployment rates in the region. According to Shah, unemployment hovers between 70-80 per cent, leaving educated youth with little choice but to seek opportunities elsewhere.