Covid-19 Joblessness
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Thane Man Cheated of Rs 5.24 Lakh On Promise Of Medicine Business
The victim had worked as an accountant with a hospitality firm but became jobless during the COVID-19 pandemic.
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China's Jobless Turn To Car Boot Sales As Covid-Hit Economy Stalls
When the COVID-19 pandemic forced Wang Wei to shut his tourism company, the Tianjin native poured his life-savings of 80,000 yuan ($11,785) into selling coffee from the back of his green Suzuki micro van in the Chinese capital Beijing.
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Data On Suicides During 1st Covid Wave Finally Released By Home Ministry
More than 8,000 people died by suicide because of financial crises when the first wave of COVID-19 and an abrupt lockdown left many jobless and hit incomes for months, the government said on Wednesday, in the first such acknowledgement of its kind.
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India's Second Covid Wave Leaves Another 7 Million People Jobless
India's unemployment rate rose to a four-month high of nearly 8% in April, and the outlook remains weak with state administrations extending lockdowns to curb a record surge in virus cases.
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US Senate Passes Biden's $1.9 Trillion Covid Relief Bill
The Senate on Saturday passed President Joe Biden's $1.9 trillion COVID-19 relief plan in a party-line vote after an all-night session that saw Democrats battling among themselves over jobless aid and the Republican minority failing in attempts to push through some three dozen amendments.
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COVID-19 Impact: Major Decline In Household Saving Due To Salary Cuts, Job Loss
68 per cent of consumers said their household savings declined in the last eight months during the COVID-19 pandemic
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US Weekly Jobless Claims Ease, Layoffs Jump 54% In July
The number of Americans seeking jobless benefits fell last week, but a staggering 31.3 million people were receiving unemployment checks in mid-July, suggesting the labor market was stalling as the country battles a resurgence in new COVID-19 cases that is threatening a budding economic recovery.
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2.1 Crore Join Workforce In May, But Market Still Far From Normal: Think-Tank CMIE
Labour market conditions improved in May as a number of people returned to work, despite the unemployment rate remaining "very high" at 23.5 per cent, think-tank Centre for Monitoring Indian Economy (CMIE) said on Tuesday. A total 2.1 crore jobs were added in May, and the labour participation rate improved significantly, CMIE said in a statement re...
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India's Joblessness Rate At 23.48% In May: Think-Tank CMIE
The country has reported 190,535 coronavirus cases, with 5,394 deaths.
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Unemployment Rate Spiked To Record 27.1% In April: Think-Tank CMIE
The unemployment rate in the country spiked to an all-time high in April 2020, Mumbai-based think-tank Centre for Monitoring Indian Economy (CMIE) said on Tuesday. The unemployment rate - or the share of jobless people in an economy - stood at 27.1 per cent last month due to a paucity of jobs in the economy, as the country entered the second day of...
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"Heartless Government": P Chidambaram Seeks Free Food, Cash For Poor
Senior Congress leader P Chidambaram today accused the government of failing to "protect the dignity" of the poor who have been rendered jobless and left hungry following the lockdown imposed by the government to contain the spread of coronavirus.
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Nearly 17 Million In US File For Unemployment In 3 Weeks Amid Coronavirus
Thursday's weekly jobless claims report from the Labor Department strengthens economists' expectations of job losses of up to 20 million in April.
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Gold Inches Up On Weak Dollar, Pandemic Peaking Hopes Cap Gains
Gold prices rose slightly on Thursday ahead of a U.S. weekly jobless claims report as the dollar inched lower, while increasing appetite for risk on hopes that the new coronavirus pandemic is nearing a peak limited the metal's upside.
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Unemployment Rate Soars To 8.7% In March, Worst In 43 Months: Report
India's unemployment rate spiked to the highest level recorded in 43 months in March, even before the lockdown to curb the spread of the coronavirus pandemic, Mumbai-based think-tank Centre for Monitoring Indian Economy (CMIE) said on Tuesday. The unemployment rate - or the share of jobless people in an economy - stood at 8.7 per cent in March - th...
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US Jobless Claims Surge To Record 3.3 Million, Hammered By Coronavirus
Economists polled by Reuters had forecast claims would rise to 1 million, though estimates were as high as 4 million. The Labor Department attributed the surge to COVID-19, the respiratory illness caused by the coronavirus.
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Thane Man Cheated of Rs 5.24 Lakh On Promise Of Medicine Business
The victim had worked as an accountant with a hospitality firm but became jobless during the COVID-19 pandemic.
-
China's Jobless Turn To Car Boot Sales As Covid-Hit Economy Stalls
When the COVID-19 pandemic forced Wang Wei to shut his tourism company, the Tianjin native poured his life-savings of 80,000 yuan ($11,785) into selling coffee from the back of his green Suzuki micro van in the Chinese capital Beijing.
-
Data On Suicides During 1st Covid Wave Finally Released By Home Ministry
More than 8,000 people died by suicide because of financial crises when the first wave of COVID-19 and an abrupt lockdown left many jobless and hit incomes for months, the government said on Wednesday, in the first such acknowledgement of its kind.
-
India's Second Covid Wave Leaves Another 7 Million People Jobless
India's unemployment rate rose to a four-month high of nearly 8% in April, and the outlook remains weak with state administrations extending lockdowns to curb a record surge in virus cases.
-
US Senate Passes Biden's $1.9 Trillion Covid Relief Bill
The Senate on Saturday passed President Joe Biden's $1.9 trillion COVID-19 relief plan in a party-line vote after an all-night session that saw Democrats battling among themselves over jobless aid and the Republican minority failing in attempts to push through some three dozen amendments.
-
COVID-19 Impact: Major Decline In Household Saving Due To Salary Cuts, Job Loss
68 per cent of consumers said their household savings declined in the last eight months during the COVID-19 pandemic
-
US Weekly Jobless Claims Ease, Layoffs Jump 54% In July
The number of Americans seeking jobless benefits fell last week, but a staggering 31.3 million people were receiving unemployment checks in mid-July, suggesting the labor market was stalling as the country battles a resurgence in new COVID-19 cases that is threatening a budding economic recovery.
-
2.1 Crore Join Workforce In May, But Market Still Far From Normal: Think-Tank CMIE
Labour market conditions improved in May as a number of people returned to work, despite the unemployment rate remaining "very high" at 23.5 per cent, think-tank Centre for Monitoring Indian Economy (CMIE) said on Tuesday. A total 2.1 crore jobs were added in May, and the labour participation rate improved significantly, CMIE said in a statement re...
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India's Joblessness Rate At 23.48% In May: Think-Tank CMIE
The country has reported 190,535 coronavirus cases, with 5,394 deaths.
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Unemployment Rate Spiked To Record 27.1% In April: Think-Tank CMIE
The unemployment rate in the country spiked to an all-time high in April 2020, Mumbai-based think-tank Centre for Monitoring Indian Economy (CMIE) said on Tuesday. The unemployment rate - or the share of jobless people in an economy - stood at 27.1 per cent last month due to a paucity of jobs in the economy, as the country entered the second day of...
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"Heartless Government": P Chidambaram Seeks Free Food, Cash For Poor
Senior Congress leader P Chidambaram today accused the government of failing to "protect the dignity" of the poor who have been rendered jobless and left hungry following the lockdown imposed by the government to contain the spread of coronavirus.
-
Nearly 17 Million In US File For Unemployment In 3 Weeks Amid Coronavirus
Thursday's weekly jobless claims report from the Labor Department strengthens economists' expectations of job losses of up to 20 million in April.
-
Gold Inches Up On Weak Dollar, Pandemic Peaking Hopes Cap Gains
Gold prices rose slightly on Thursday ahead of a U.S. weekly jobless claims report as the dollar inched lower, while increasing appetite for risk on hopes that the new coronavirus pandemic is nearing a peak limited the metal's upside.
-
Unemployment Rate Soars To 8.7% In March, Worst In 43 Months: Report
India's unemployment rate spiked to the highest level recorded in 43 months in March, even before the lockdown to curb the spread of the coronavirus pandemic, Mumbai-based think-tank Centre for Monitoring Indian Economy (CMIE) said on Tuesday. The unemployment rate - or the share of jobless people in an economy - stood at 8.7 per cent in March - th...
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US Jobless Claims Surge To Record 3.3 Million, Hammered By Coronavirus
Economists polled by Reuters had forecast claims would rise to 1 million, though estimates were as high as 4 million. The Labor Department attributed the surge to COVID-19, the respiratory illness caused by the coronavirus.
