NEW DELHI: Unemployment rate (UR) in June remained the same at 5.5%, but women found it difficult to get work, the latest monthly PLFS data released by NSO Wednesday showed.Female UR in current weekly status (CWS) rose to 5.9% from 5.6% June, while jobless rate in men dipped 5.3% from 5.4%. Female labour force participation…
Mark Zandi, the chief economist of Moody’s Analytics has cautioned that the June employment report paints an overly optimistic picture of the US labour market. According to a report by Benzinga, in a series of posts shared on social media platform X (formerly known as Twitter) Zandi argued that commentary around the report was “much…
US job growth slowed sharply in June with employers adding just 57,000 jobs, according to data released by the US bureau of labor statistics. The slump came even as the unemployment rate eased to 4.2% from May’s figure of 4.3%, with almost 7.1 million people reporting to have jobs.Non-farm payrolls rose by 57,000 in June,…
Unemployment continues to be one of the most significant economic challenges across the globe. While many countries are working to create jobs and strengthen their labour markets, others continue to struggle with persistently high levels of joblessness. According to recent global labour market data, countries such as Eswatini and South Africa rank among those with…
India legally allows employees to work up to 48 hours a week, but in the Netherlands, the average work week is just 32.1 hours. Despite shorter working hours, the European nation continues to maintain one of the region’s lowest unemployment rates, sparking fresh debates around productivity and work-life balance. India’s Legal Work Week Remains Significantly…
