Page-5 of Unemployment
India joins Reskilling Revolution Initiative at World Economic Forum as a Founding Member
On January 22, 2020, India joined Reskilling Revolution initiative of World Economic Forum. It helps economies to adopt o changes being introduced by Fourth Industrial Revolution. Highlights India joined the Reskilling Revolution Initiative launched at the World Economic Forum as ..
Month: Current Affairs - January, 2020
UN report on Global Unemployment released
The United Nations specialized agency International Labour Organization in its report has mentioned that Global Unemployment is projected to rise by 2.5 million in 2020. The report also mentions that about 165 million people will not have enough paid work ..
Month: Current Affairs - January, 2020
World Bank Study: Effect of Automation on FDI flows
On January 6, 2020, the World Bank released its study on how FDI flows are affected in the world due to automation. The study concluded that automation will certainly disrupt the flow of capital from rich countries to poor countries. ..
Month: Current Affairs - January, 2020
NSS releases report on disability
The National Statistical Office conducted survey of Persons with disabilities in the country between the period July 2018 and December 2018. The main objective of the survey is to estimate indicators of incidence and prevalence of disability, facilities available to ..
Month: Current Affairs - November, 2019
MoSPI: Unemployment rates fall in second quarter
The National Statistics Office working under Ministry of Statistcs and Programme Implementation released its Quarterly Bulletin on November 23, 2019. The report presented the unemployment status, Labor Force Participation Rate, The urban unemployment rate fell to the lowest in the ..
Month: Current Affairs - November, 2019
US unemployment falls to a 50-year low
The US Labor Department reports that the unemployment rate fell to 3.5% from 3.7%. The main reason behind the development is that the economy added 136,000 jobs in September 2019. On the other hand, the report claim that the manufacturing ..
Month: Current Affairs - October, 2019
Jobless Growth in Indian Economy
The Periodic Labour Force Survey (2017-18) makes the following two important observation about Indian economy: Shrinking share of the labour force. Rising unemployment. Unemployment Rates The labour force participation rate has shrunk to 49.7% in 2018 against 55.5% in 2012. This ..
India: A 5 Trillion Economy
The new government has committed to make India a $5-trillion economy by 2024. Here’s a brief outline of the idea. What does a $5-trillion economy mean? $5-trillion economy refers to the size of an economy as measured by the annual gross ..