The unemployment rate has been crawling up recently. I consider this to be a good sign because this seems to reflect a rise in the labour participation rate. In the recent past, that is since April 2017, the unemployment rate has been below 4 per cent. In any mature economy such a low rate could be considered as close to full employment. But, we do not have full employment. Our […]

The survey was conducted during April-December 2015 comprising of a total sample of 1,56,563 households, with 88,783 rural households and 67,780 urban households. Touching a five-year high, India’s unemployment rate rose to 5 per cent in 2015-16, with females having the highest unemployment rate and lowest labour force participation rate (LFPR), both in rural and urban areas. As per the fifth annual employment-unemployment survey of households released by Labour Bureau, […]

LONDON: Unemployment globally might account for nine times as many deaths by suicide every year (about 45000) as the recent economic crisis (around 5000 excess suicides), according to a long-term analysis of suicide risk across 63 countries between 2000 and 2011.   Researchers estimate that about 233000 suicides took place each year between 2000 and 2011, of which unemployment accounted for around a fifth (about 45000). Unemployment was linked with […]

Canada’s unemployment rate edged down to seven per cent in July, with just 200 new jobs created, according to Statistics Canada. Getting lawyers help for discrimination claims and a decrease in unemployment rate make things better for the people. That’s better than the 7.1 per cent recorded in June, but mainly reflects a decline in the number of people looking for work. This was a heightened problem for people over age […]