Unemployment

Unemployment below pre-pandemic levels, down from 7.2% in Jan 2020 to 6.5% in Jan 2023: Union minister

Union minister Hardeep Singh Puri said that over 2.9 crore youth between the 18-23 age bracket have been added to the EPFO since April 2020

THESE are the world’s most miserable countries (some may surprise you)

Unemployment and inflation are plaguing the world. According to an annual misery index, Zimbabwe is the most miserable country because of the high cost of living. Happiness is elusive in Venezuela, Lebanon, Syria, and Sudan

Explained: How Imran Khan’s arrest worsens Pakistan’s economic and political woes

Pakistan facing its worst economic crisis has problems of its own: The country is running out of dollars, inflation is high and the IMF bailout is delayed. Imran Khan’s arrest only adds to the instability

Karnataka Assembly Elections 2023: Which poll issues will decide the fate of the parties?

Unemployment, corruption and price rise are some of the major issues for people in Karnataka, who will vote on 10 May. Will the Congress’ promise to consider a ‘ban’ on Bajrang Dal affect its chances of ousting the BJP from power? And how will reservations play a role?

The US economy expects a recession soon: How will we know when it begins?

The US economy grew at a 1.1 per cent annual rate last quarter, signalling that one of the most-anticipated recessions in recent US history has yet to arrive. Many economists expect it to hit as soon as the current April-June quarter

Russia to up-skill jobless to work in defence sector

The defence industry has been under pressure over high demand and a lack of personnel linked to Moscow's intervention last year in Ukraine

67% youngsters want to leave Pakistan; 31% educated youth unemployed

More than 200 universities are functional in the Shehbaz Sharif-led country, which were giving degrees to thousands of students. However, a degree is not a guarantee of employment, a senior research economist said

British destroyed India’s education system, says RSS chief Mohan Bhagwat

Bhagwat remarked in a speech that 70 per cent to 80 per cent of India's population was educated before the British took over, and there was no unemployment

Economic Survey of India: What to cheer, what to worry about

The Economic Survey 2022-23 said India’s economy is pegged to slow to 6.5 per cent in the fiscal year beginning in April, but will remain the world’s fastest-growing major economy. Meanwhile, inflation and the current account deficit are things to keep an eye on

Explained: Why Amazon’s 18,000 employees being laid off is just the tip of the iceberg for 2023

Amazon isn’t the only company firing employees. Other big firms, including Goldman Sachs and McDonald’s, will see mass layoffs in the coming months. Just a week into 2023 and 30,000 jobs have already been cut across the globe and the situation is only going to worsen