Coronavirus Job Loss
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Pandemic Pushed 32 Million Indians Out Of Middle Class, Says Pew Research
Financial issues 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 today, while job losses pushed millions into poverty.
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Covid Cost 4 Times More Jobs Than 2009 Financial Crisis: UN
The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the equivalent of more than a quarter of a billion lost.
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Lockdown Made India's Billionaires 35% Richer, Lakhs Lost Jobs: Oxfam
The coronavirus pandemic has worsened existing income inequalities between India's super-rich and its crores of unskilled, and often unemployed, men and women, non-profit group Oxfam said Monday in a report to be tabled at the World Economic Forum at Switzerland's Davos.
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US Loses 140,000 Jobs In December, Unemployment Rate At 6.7%
The US economy shed 140,000 jobs in the final month of the year, according to government data released Friday, a sign the recovery from the pandemic's damage has stalled.
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'Covida' Doll By Tamil Nadu Women Artisans Spreads Message Of Hope
A small cloth doll named Covida, designed by the Lambadi women artisans in Tamil Nadu has turned into an inspiration, spreading a message of hope and positivity amid the gloom of job losses because of the coronavirus pandemic
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India's $200 Billion Tech Services Industry A Work From Home Boon For Women
The coronavirus pandemic has hit women worldwide with job losses and closures of childcare centers. Yet a surprising bright spot is emerging: India's $200 billion technology services industry, where new rules are expected to provide female workers with a broad swath of flexible work arrangements and fresh employment opportunities.
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Jobs Market On Rebound, Pre-Covid Levels Likely By Year-End: Top Firm
Jobs are returning in India as the economy recovers from lockdown-related losses, according to the head of a top staffing firm. Quess Corp, which claims to be India's largest private-sector employer providing staffing services to companies, saw its workforce rise in October for the first time since the coronavirus outbreak. Its numbers had dropped ...
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Facebook's Diwali Video On Job Losses Amid Pandemic Will Move You To Tears
Facebook has launched a seven-minute video that touches upon the issue of job losses amid the coronavirus pandemic and the role of social media in such times. Heartwarming and gut-wrenching in equal parts, this short film, released around Diwali, follows Pooja - the proprietor of Pooja Milk Centre in Amritsar, Punjab.
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Rahul Gandhi's Take On Amit Shah's "Well-Planned Fight" Remark On Covid
Taking a dig at the government, Congress leader Rahul Gandhi today said its "well planned fight" against coronavirus has allegedly put India in an "abyss" of GDP reduction of 24 per cent, 12 crore job losses, 15.5 lakh crore additional stressed loans and globally highest daily COVID-19 cases and deaths.
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Job Loss In Kerala Tourism Forces People To Work For Daily Wages
24-year-old Vineeth is a hotel management graduate from Kerala's Thiruvananthapuram. But with the hotel industry severely hit due to the coronavirus pandemic, he now earns a living as a daily wager by cutting trees. He lost his job at a hotel in Kerala's tourist town of Munnar earlier this year.
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Hyderabad Techie Sells Vegetables After COVID Lay-Off, Actor Offers Job
A woman techie in Hyderabad, forced to join her family in selling vegetables after losing her job during the coronavirus lockdown, has received support from many, including actor Sonu Sood, who has offered her a job. Sonu Sood has been reaching out to people hit hard by the lockdown and also donated a tractor to a farmer's family in neighbouring An...
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COVID-19 Cases Soar In Young Adults Bored of Social Distancing
Psychological fatigue with social distancing is emerging as a major challenge for curbing a pandemic now into its eighth month. That's especially so among young adults who are less fearful of the coronavirus, and suffer greater economic and social costs when they stay home.
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Won't Be Able To Protect Every Single Job: Rishi Sunak Warns Of Recession
UK Finance Minister Rishi Sunak on Thursday reiterated his previous warnings that he would not be able to save every job and that the UK is headed towards a "significant recession" hit by the COVID-19 pandemic lockdown.
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Robots: Allies During Coronavirus Crisis, Enemies Later?
When human contact needs to be kept to a minimum, robots can save lives and factories. But when the coronavirus crisis is over, will they amplify job losses?
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SoftBank-Backed Ride-Hailing Firm Grab Announces Layoffs
Southeast Asian ride-hailing and payments firm Grab announced hundreds of job losses on Tuesday due to the impact of novel coronavirus.
-
Pandemic Pushed 32 Million Indians Out Of Middle Class, Says Pew Research
Financial issues 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 today, while job losses pushed millions into poverty.
-
Covid Cost 4 Times More Jobs Than 2009 Financial Crisis: UN
The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the equivalent of more than a quarter of a billion lost.
-
Lockdown Made India's Billionaires 35% Richer, Lakhs Lost Jobs: Oxfam
The coronavirus pandemic has worsened existing income inequalities between India's super-rich and its crores of unskilled, and often unemployed, men and women, non-profit group Oxfam said Monday in a report to be tabled at the World Economic Forum at Switzerland's Davos.
-
US Loses 140,000 Jobs In December, Unemployment Rate At 6.7%
The US economy shed 140,000 jobs in the final month of the year, according to government data released Friday, a sign the recovery from the pandemic's damage has stalled.
-
'Covida' Doll By Tamil Nadu Women Artisans Spreads Message Of Hope
A small cloth doll named Covida, designed by the Lambadi women artisans in Tamil Nadu has turned into an inspiration, spreading a message of hope and positivity amid the gloom of job losses because of the coronavirus pandemic
-
India's $200 Billion Tech Services Industry A Work From Home Boon For Women
The coronavirus pandemic has hit women worldwide with job losses and closures of childcare centers. Yet a surprising bright spot is emerging: India's $200 billion technology services industry, where new rules are expected to provide female workers with a broad swath of flexible work arrangements and fresh employment opportunities.
-
Jobs Market On Rebound, Pre-Covid Levels Likely By Year-End: Top Firm
Jobs are returning in India as the economy recovers from lockdown-related losses, according to the head of a top staffing firm. Quess Corp, which claims to be India's largest private-sector employer providing staffing services to companies, saw its workforce rise in October for the first time since the coronavirus outbreak. Its numbers had dropped ...
-
Facebook's Diwali Video On Job Losses Amid Pandemic Will Move You To Tears
Facebook has launched a seven-minute video that touches upon the issue of job losses amid the coronavirus pandemic and the role of social media in such times. Heartwarming and gut-wrenching in equal parts, this short film, released around Diwali, follows Pooja - the proprietor of Pooja Milk Centre in Amritsar, Punjab.
-
Rahul Gandhi's Take On Amit Shah's "Well-Planned Fight" Remark On Covid
Taking a dig at the government, Congress leader Rahul Gandhi today said its "well planned fight" against coronavirus has allegedly put India in an "abyss" of GDP reduction of 24 per cent, 12 crore job losses, 15.5 lakh crore additional stressed loans and globally highest daily COVID-19 cases and deaths.
-
Job Loss In Kerala Tourism Forces People To Work For Daily Wages
24-year-old Vineeth is a hotel management graduate from Kerala's Thiruvananthapuram. But with the hotel industry severely hit due to the coronavirus pandemic, he now earns a living as a daily wager by cutting trees. He lost his job at a hotel in Kerala's tourist town of Munnar earlier this year.
-
Hyderabad Techie Sells Vegetables After COVID Lay-Off, Actor Offers Job
A woman techie in Hyderabad, forced to join her family in selling vegetables after losing her job during the coronavirus lockdown, has received support from many, including actor Sonu Sood, who has offered her a job. Sonu Sood has been reaching out to people hit hard by the lockdown and also donated a tractor to a farmer's family in neighbouring An...
-
COVID-19 Cases Soar In Young Adults Bored of Social Distancing
Psychological fatigue with social distancing is emerging as a major challenge for curbing a pandemic now into its eighth month. That's especially so among young adults who are less fearful of the coronavirus, and suffer greater economic and social costs when they stay home.
-
Won't Be Able To Protect Every Single Job: Rishi Sunak Warns Of Recession
UK Finance Minister Rishi Sunak on Thursday reiterated his previous warnings that he would not be able to save every job and that the UK is headed towards a "significant recession" hit by the COVID-19 pandemic lockdown.
-
Robots: Allies During Coronavirus Crisis, Enemies Later?
When human contact needs to be kept to a minimum, robots can save lives and factories. But when the coronavirus crisis is over, will they amplify job losses?
-
SoftBank-Backed Ride-Hailing Firm Grab Announces Layoffs
Southeast Asian ride-hailing and payments firm Grab announced hundreds of job losses on Tuesday due to the impact of novel coronavirus.
