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Photo used for representation purpose only. | Photo Credit: Getty Image/iStockphoto The Periodic Labour Force Survey (PLFS) for the period between July 2023 and June 2024, released by the Labour Bureau on Monday (September 23, 2024), reported no major change in the unemployment rate, and there is minor increase in the distribution of workers in…
Read More “Unemployment rate stagnant, reveals government survey” »
Despite a slowing job market, the share of people with more than one job has grown. In the post-pandemic era, the United States has witnessed a disturbing trend: an increasing number of people are forced to take multiple jobs to make ends meet. Of late, what was once referred to as the “gig economy” or…
Read More “Why More Americans Find One Job No Longer Enough To Survive” »
There is no need for concern about job losses and there is no lack of jobs, Mr Mandaviya said. New Delhi: There is no need for concern about job losses, Union Labour Minister Mansukh Mandaviya said on Monday and added that the country’s unemployment rate would come down below 3 per cent in the future….
Read More “Unemployment Rate At 3.2%, Will Drop Below 3% In Future: Labour Minister” »
Unemployment rate is defined as percentage of unemployed people in labour force. (Representational) New Delhi: The unemployment rate for people aged 15 years and above in urban areas declined to 6.7 per cent in the January-March period from 6.8 per cent a year ago, according to the National Sample Survey (NSSO). Joblessness, or unemployment rate,…
Read More “Unemployment Rate Declines To 6.7 Percent In India’s Urban Areas: Survey” »
When the Periodic Labour Force Survey (PLFS) was released in 2017, it revealed the unemployment rate of India to be 6.1%, the highest ever recorded in India. The PLFS of 2021-22 showed unemployment reducing to 4.1%, much lower than before, but higher than some developed economies. The U.S unemployment rate fluctuated between 3.5% in July…