 | Pandemic ate into household savings in a big way in July-September 2020: RBIThe financial distress caused by pay cuts and job losses during the pandemic may have forced Indian households to dip into their savings and borrow more to meet expenses. |
 | Two lakh garment workers lost jobs in Karnataka, many others stare at loss of incomeJust when things had started looking up for garment workers, a possible second wave of the Covid-19 pandemic has brought back fears of income loss yet again. |
 | Loss of employment biggest concern of urban Indians: SurveyThe WEF-Ipsos survey showed that at least two out of three Indians are deeply concerned about losing of income or employment in 2021. |
 | Economic survey mum on job losses during lockdown, private investmentThe Survey did speak about some labour reforms and interesting trends like flexi-staffing, but the approach remained superficial and it did not talk about lack of employment creation. |
 | A new project to create jobs in Covid-hit KeralaThe row of stalls on either side of the highways selling fish, vegetables, biryani and clothing is an indicator of the impact of the Covid-induced lockdown on the urban poor. |
 | UK unemployment hits 5.0% on coronavirus falloutAt 5.0 per cent, the figure is 1.2 percentage points higher than a year earlier, the ONS added. |
 | Job losses from virus four times as bad as 2009 financial crisisThe International Labor Organization estimated that the restrictions on businesses and public life destroyed 8.8% of all work hours around the world last year. |
 | Family of three ends lives in RajapalayamJanardhanaraja arrived with his family at his native Rajapalayam on Wednesday night and checked in at a lodge. The next night, the trio allegedly consumed poison. |
 | Managing finances in 2020: Heavy borrowing for some, increased saving for othersRajesh, the only earning member in his family of four, faced a deep cut in his salary from July. While his expenses remained the same, this cut caused a huge dent. |
 | COVID-19, social exclusion equals slide into poverty for millions in informal sectorWhile the virus affected all classes, the economic fallout of the COVID-19 pandemic was particularly devastating for those in the informal sector. |
| UK sees record number of job losses during three-month periodThe Office for National Statistics said redundancies reached 370,000 in the August to October period, a record for a three-month period. |
 | Decision to cut ceiling for non-MBBS teachers sparks fear of job lossesThe practice of such appointments, for teaching pre and para-clinical subjects started in the 1950s when not many doctors were pursuing PG in non-clinical specialties. |
 | 46 per cent Indians borrowed to run households in COVID-19: ReportThe report, based on a survey, showed that 46 per cent respondents borrowed money primarily to run their households. |
 | Pizza Express to cut 1,300 more UK jobs on virus falloutIt is on top of 1,100 layoffs the company announced in August alongside the closure of tens of restaurants. |
 | Competition for jobs in India spiked 30 per cent since 2019: LinkedIn dataLinkedIn said in a statement its data also shows that professionals from Recreation & Travel, Retail, and Corporate Services are more likely to look for jobs outside their current industry. |
