Search For "unemployment rate"
Unemployment rate drops to 2.6 per cent in UP under Yogi government
Updated : 2 years, 5 months ago IST
The unemployment rate in Uttar Pradesh was 6.4 per cent in 2017-18 which has decreased to 2.6 per cent in 2022-23.
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Pakistan's unemployed figure to reach 5.6 million this year
Updated : 2 years, 5 months ago IST
According to the ILO estimates, Pakistan’s employment-to-population ratio in 2023 fell well below its pre-crisis trend line at 47.6pc, while the number of unemployed persons is expected to reach 5.6m — a surge of 1.5m since 2021.
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China stops releasing figures to hide soaring unemployment
Updated : 2 years, 7 months ago IST
The National Bureau of Statistics (NBS) announced on Tuesday that it would discontinue releasing data on unemployment by age group this month after China's youth unemployment rate, which includes those aged 16 to 24, reached a record high of 21.3 per cent in June. Some analysts think the act
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US adds 187,000 jobs, lowest since 2020
Updated : 2 years, 7 months ago IST
The United States listed over 185,000 jobs in July as the hiring cooled down to its lowest level but the unemployment rate dipped.
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China strives to increase consumer spending as factory sector continues to
Updated : 2 years, 7 months ago IST
China's GDP expanded by only 0.8 per cent in the second quarter of this year, a sharp decline from the meagre 2.2 per cent growth it had in the first three months of 2023. According to CNN, there has been a decline in consumer spending, a decline in the property market, and an increase in th
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Why India's Labour Market needs a mix of traditional and alternative data:
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 13: India has a range of indicators which throw significant light on India's employment scenario. Traditional indicators like participation rate, unemployment rate and worker population ratio are released in quarterly frequency. We also have a body of rich
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Marriage in China: Young people reject tying knot, but why?
Updated : 2 years, 8 months ago IST
China's slow economy, high unemployment rate and the wave of corporate layoffs have become major decision drivers in the younger generation's lives that they continue postponing major life decisions and contribute to a record-low marriage rate.
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Why India's Labour Market needs a mix of traditional and alternative data:
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 12: India is notorious for the lack of comprehensive labour market data. Traditional indicators like participation rate, unemployment rate and worker population ratio are released in quarterly frequency with a substantial, two-month lag, which has paved the
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Grow Finance partners with Pismo to issue new Mastercard credit card for s
Updated : 2 years, 8 months ago IST
Bristol [UK]/Sydney [Australia], July 11: According to the Australian Banking Association, of the 2.6 million businesses in Australia, the majority (98%) are small and medium enterprises (SMEs)*. As the sector accelerates in 2023, it also suffers from an increase in the cost of goods and ser
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Pakistan: Unemployment rate rises to 6.5 per cent
Updated : 2 years, 8 months ago IST
As per the World of Statistics, the highest unemployment in the world was recorded in Nigeria, where 33.3 per cent of the workforce, exactly one-third, was looking for jobs. A similar situation is also witnessed in South Africa which is second with 32.9 per cent unemployment.
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Mounting local govt debts, rising unemployment stall China's income target
Updated : 2 years, 8 months ago IST
According to experts, regulatory crackdowns on education, internet, and property sectors are the major reasons behind the spike in the unemployment rate.
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Corporate layoffs major threat to Chinese economy amid unemployment crisis
Updated : 2 years, 9 months ago IST
According to the most recent data from China's National Bureau of Statistics, the urban youth unemployment rate reached 20 per cent in April 2023 for the first time since statistics became available in January 2018, according to Greek City Times.
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