Labour Market

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Labour Market - Total results - 15
S&P projects economy to contract 5% in current fiscal; says lockdown was longer than expected, will slow overall recovery
Business

S&P projects economy to contract 5% in current fiscal; says lockdown was longer than expected, will slow overall recovery

S&P Global Ratings on Thursday forecast Indian economy to contract 5 percent in the current fiscal as the lockdown imposed to contain COVID-19 pandemic has curtailed economic activity severely.

Tap here for relief: 90% of India’s workforce are without food or shelter, but govt requires smartphone apps to deliver help
India

Tap here for relief: 90% of India’s workforce are without food or shelter, but govt requires smartphone apps to deliver help

The government also overlooked the fact that a majority of the stranded labourers who are from the unorganised sector are either vulnerable or extremely vulnerable.

Fed policymakers signal they are 'open' to another rate cut after reports of slowing services sector
Business

Fed policymakers signal they are 'open' to another rate cut after reports of slowing services sector

Fed policymakers have said they are on the lookout for any signs that the hit from trade uncertainty and a weakening global economy is no longer confined to the US export and manufacturing sectors.

India's economic growth driven by domestic demand, need to focus on exports: World Bank
Business

India's economic growth driven by domestic demand, need to focus on exports: World Bank

India's overall growth was "too much" driven by domestic demand, which resulted in double digit growth of imports, and 4-5% growth in exports

Germany to expand job-seeker visas in bid to tackle shortfall of skilled workers, help rejected asylum-seekers
World

Germany to expand job-seeker visas in bid to tackle shortfall of skilled workers, help rejected asylum-seekers

Germany is trying to strike a balance between the needs of its labour market, an aging native population and popular concern about immigration.

Economy will inch towards 8% growth in FY19 and onwards, says Pranab Mukherjee
Business

Economy will inch towards 8% growth in FY19 and onwards, says Pranab Mukherjee

To sustain such a growth rate for the longer term, the country will need to address issues like employability for the youth and boosting the rural economy.

Industrial policy: Govt floats discussion paper, eyes job creation for next two decades
Business

Industrial policy: Govt floats discussion paper, eyes job creation for next two decades

In the long run, the policy outcome should be that the number of global Indian firms increases in the Fortune-500 category, the document said.

Asia stocks scale 1-year high on gush of global fund flows, oil surge
Business

Asia stocks scale 1-year high on gush of global fund flows, oil surge

Oil prices hit one-month highs on Monday, gaining 10 percent or more in a three-day rally as speculation intensified over potential producer action to support prices amid a glut of crude

Robots, new working ways to cost five million jobs by 2020
News & Analysis

Robots, new working ways to cost five million jobs by 2020

Disruptive labor market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading countries, according to an analysis published in Davos.

India's manufacturing PMI in September falters to 7-month low
Economy

India's manufacturing PMI in September falters to 7-month low

Manufacturing growth slips to 51.2 last month from 52.3 in August due to sluggish economic climate

Need to convince men they will benefit from gender equality as much as women: UN
Life

Need to convince men they will benefit from gender equality as much as women: UN

Gender segregation in the labour market remains a problem for both men and women, said panellists from several countries.

Govt must promote sustainable growth to create more jobs: WEF report
Economy

Govt must promote sustainable growth to create more jobs: WEF report

The World Economic Forum (WEF) report said that short term labour market prospects are not encouraging for many countries.

US jobs data: World stocks are rising but the dollar is slipping
Investing

US jobs data: World stocks are rising but the dollar is slipping

World stocks rose towards a six-year high on Monday and the dollar and bond yields slipped as last week's weak U.S. jobs data strengthened the case for the Federal Reserve to keep interest rates low for longer.<br /><br />

France's threat to Mittal is proof that socialism doesn't work
Business

France's threat to Mittal is proof that socialism doesn't work

Hollande's experience of fanning class warfare in France, as evidenced by his nationalisation threats to Lakshmi Mittal, and India's own failure to dismantle labour market rigidities and the other superstructures of the welfare state, offer proof that socialism doesn't work.