Unemployment

Unemployment Rate In India Returns In Doubled-Digit Once Again: Worrying Future For All Jobseekers

Covid-19 has created a lot more trouble for jobseekers in India than any other pandemic ever did. As the country has seen the highest-daily new cases and deaths during the first week of May, the government imposed strict lockdown...

COVID-19 Second Wave Lands Deadly Blow On Indian Employment: 7.4 Million Jobs Lost In April

The second wave of the COVID-19 has landed a deadly blow on Indian employment! According to the Centre of Monitoring Indian Economy (CMIE), restrictions imposed by various states coupled with the country’s economy to absorb labour force has resulted in...

India Is Yet To Wean Off The After Effects Of The Pandemic On Unemployment!

A year after the pandemic-induced lockdowns, India is still yet to wean off the decline in employment! According to the latest data from CMIE aka Centre for Monitoring Indian Economy, as of February 2021, the unemployment rate in India stands...

COVID-19 Unemployment Leading To Ageing Indian Workforce, CMIE Reports

The latest data shared by the CMIE aka Centre for Monitoring Indian Economy has highlighted a huge red flag. Due to the devastating effect of the COVID-19 pandemic, in the employment scenario of India has been witnessing a surge in...

Employment in India Declined, About 3.5 Million People Lost Jobs In November 2020!

Even though the Indian economy has shown some promising signs of recovery, the aftertaste of the COVID-19 pandemic still lingers on in the employment scenario. According to the Centre for Monitoring Indian Economy aka CMIE, a whopping 3.5 million workers...

Pre-Pandemic Level Job Recovery To Not Become A Reality Till 2024!

The COVID-19 pandemic led to millions of job losses all around the world. Now, while many reports suggest the global economy is on its path to recovery, a recent note from Moody's says that the U.S. alone won't regain...

White Collar Employees Suffer The Worst: 6.6 Million Jobs Lost in India During May-August

When the coronavirus spread all over the world rapidly, apart from record death tolls, the other significant damage it did was to the economy. This further resulted in the loss of employment on a massive scale, something which still...

Unemployment In India Worsening: 50 Lakh Salaried Employees Lost Jobs In July

The state of employment in India is declining at a rapid pace, all thanks to the havoc wreaked by COVID-19. The prolonged period of lockdown combined with a slump in the global economy has decimated the livelihoods of the...

Unemployment Rate in India 2021: Weekly Distribution

The above graph represents the weekly distribution of the unemployment rate in India 2020. Despite the small relaxations in the Covid-19 lockdown, the unemployment rate in India reached an all-time high of 27.11% in May 2020, from just 7.51%...

COVID-19 Triggers Rise In Unemployment in India: 50 Million Jobs Lost In Just 2 Weeks

The state of unemployment in India was never so bad as now. The country is now staring at the face of large scale unemployment as the COVID-19 outbreak has single-handedly managed to disrupt the entire economy of the world. It...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions

Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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