Unemployment Rate

Slowdown or not? How the US job market walks a tight rope

The unemployment rate fell to a historically low 3.5 per cent as the 22 million jobs lost due to COVID-19 returned. Job creation, on the other hand, is expected to have slowed sharply, falling to 300,000 — almost half of July's number

Urban unemployment rate dips to 7.6% in April-June 2022: NSO survey

The unemployment rate for persons aged 15 years and above in January-March 2022 was 8.2 per cent in urban areas, the 15th Periodic Labour Force Survey (PLFS) showed

India's unemployment rate lowest in six months at 6.80 pc in July: Centre for Monitoring Indian Economy

Rural unemployment declined 6.14 percent to 272.1 million last month from 265.2 million or 8.03 percent in June, CIME data showed

Employment rate increasing in July after steep fall in June: CMIE

CMIE said India's June 2022 labour statistics had been highly disappointing. Employment fell by 13 million from 404 million in May 2022 to 390 million in June 2022

Unemployment rate for persons 15 years and above in urban areas slips to 8.7% in Oct-Dec 2021: NSO survey

The unemployment rate for persons of age 15 years and above in July-September 2021 was 9.8 per cent in urban areas, the 13th Periodic Labour Force Survey showed

India's urban unemployment declines in July-Sept 2021, but stays above pre-second COVID wave levels

The urban unemployment rate for people aged 15 and above was 9.3 per cent in January-March 2021, the statistics ministry's Periodic Labour Force Survey (PLFS) report said.

China’s third-quarter growth slows to 4.9%, power shortage, slowdown in property sector add to woe

Louis Kuijs of Oxford Economics said in a report that “ugly growth numbers” in coming months are likely to prompt Beijing to ease lending controls

Over a crore Indians lost their jobs in second COVID-19 wave, income declined in 97% families: CMIE

The unemployment rate measured is likely to increase to 12 percent at the end of May, as against 8 percent in April, said CMIE chief executive Mahesh Vyas

India reeling under 'Modi-made disasters': Rahul Gandhi attacks PM over state of economy, rising COVID-19 cases

The Congress leader's remarks comes after official data showed on Monday that the country's economy suffered its worst slump on record in April-June, with the GDP contracting by 23.9%

Fed leaves interest rates near zero; vows to use 'full range' of tools to help economy sinking to its worst crisis since 1930s

In its statement, the Fed also raised concerns about slowing inflation, which is likely to sink further below its 2 percent target level in the coming months.