Job Loss

Rural distress peaks in June as unemployment rate soars to 7.80 per cent

Urban joblessness rate fell 0.91% to 7.30% in June but rural unemployment moved up 1.41% to 8.03%, Centre for Monitoring Indian Economy (CMIE)’s latest data show.  

published on : 5th July 2022

Edtech firm Vedantu further fires 424 employees, total number nears 624

Vedantu, after laying off 200 employees, had shared it's plan of hiring 1,000 employees this year.

published on : 19th May 2022

Economic sanctions could drive two lakh employees out of work in Moscow, says Mayor

Hundreds of mainly Western companies have announced the suspension of their activities or their departure from Russia after President Vladimir Putin sent troops to Ukraine on February 24.

published on : 18th April 2022

Male faculty fear job loss as co-ed college gets govt nod to go all-women in Salem 

The Salem Sowdeswari College (SSC), started in 1975,  has more than 1,000 students and 55 faculty members, of which 26 are men. The college offers seven UG courses and two PG research courses.

published on : 31st March 2022

Nearly 2,500 complaints against digital lending apps, says Finance Ministry 

With 572 complaints against illegal lending apps, Maharashtra tops the list, followed by Karnataka (394) and Delhi (352).

published on : 29th March 2022

Vehicles get a free ride as toll plaza staff strike work

Frequent strikes by employees of five toll gates in the Salem-Ulundurpet section and, Namakkal and Krishnagiri districts have allowed vehicles to pass freely without paying. 

published on : 28th March 2022

Over 25,000 Indians ended life over unemployment, debt in 2018-20: Centre

The data provided by the government showed that as many as 9,140 people died by suicide due to unemployment and 16,091 people due to bankruptcy or indebtedness during the time period.

published on : 9th February 2022

India's Paradox: Vacant posts and joblessness

India is at an intersection where the political challenge is also an economic imperative.

published on : 9th January 2022

Unemployment rate inches up to 9.3 per cent in January-March quarter: NSO data

While 9.3% is lower than the peak urban unemployment level of 20.8% recorded in the April-June quarter of last year, it is still at higher than pre-Covid levels. 

published on : 1st December 2021

Generation Z workers hardest hit by economic impact of pandemic: Report

The report noted that two in five young workers had lost jobs, were furloughed, or suffered a temporary layoff from their employer, whereas 28 per cent of workers of all ages said the same.

published on : 30th November 2021