After dipping into his savings to weather India’s snap pandemic lockdown last March, Manoj Kumar was just getting his head above water again earning 600 rupees ($8) a day as a construction worker in the tourist hotspot of Goa. He’d squirreled away enough for a trip last month to hisContinue Reading
Financial woes brought by last year’s coronavirus pandemic have pushed about 32 million Indians out of the middle class, undoing years of economic gains, a report showed on Thursday, while job losses pushed millions into poverty. The number of Indians in the middle class, or those earning between $10 andContinue Reading
Kamthana: On a recent muggy afternoon in southern India, Earappa Bawge hacked at the ground with a pickax, his white shirt pasted to his back. Each dull thud reminded him of how far his hopes had fallen. Just months ago, the 27-year-old engineer was poring over project files in anContinue Reading
Kolkata: Upset over his failure to get a suitable teaching job, Atanu Mistry, a 30-year-old from West Bengal’s South 24 Parganas district, allegedly committed suicide recently. According to Mistry’s family, he had armed himself with a B.Ed degree after completing his post-graduation in English to chase a childhood dream ofContinue Reading
NEW DELHI: As many as 550 jobs have disappeared every day in last four years and if this trend continues, employment would shrink by 7 million by 2050 in the country, a study has claimed. Farmers, petty retail vendors, contract labourers and construction workers are the most vulnerable sections facingContinue Reading
Geneva: The number of unemployed young people is set to swell by 500,000 worldwide this year to reach 71 million, marking the first hike in three years, the UN said Wednesday. In a new report, the UN’s labour agency estimated that the global youth unemployment rate would reach 13.1 percentContinue Reading
Bhubaneswar: Even as debate over the two year performance of the Naveen Patnaik government continues, the failure to achieve the announcement made in the 2014 poll manifesto of BJD to create employment opportunities from the opposition political parties. While the job fairs at the district level launched at the districtContinue Reading
New Delhi: Highest incidence of joblessness was witnessed among Christians in cities as well as in rural area while Hindus and Sikhs reported least unemployment in urban and rural areas, says a government report. “Among the specific religious groups, unemployment rate in both rural and urban areas was the highestContinue Reading