Jobs Data

'The sample sizes that we do, no one is close to that,' said Garg, adding that the ministry is very careful of the definitions and what they are stating

US payroll growth beats forecasts, unemployment rate ticks up

The unemployment rate ticked up to 4.2% as the participation rate climbed. Pay gains were firm.

Stocks drop, dollar up after US jobs data dashes rate expectations

The unemployment rate fell to 4.1% versus expectations for an unchanged reading of 4.2%.

At 10.2%, youth unemployment rate in India lower than global levels: Govt

As per the latest available Periodic Labour Force Survey (PLFS) report, the estimated unemployment rate for youth aged 15-29 years in the country for the year 2023-24 is 10.2 percent, which is lower than global levels.

Govt backing more international MoUs on skilled labour migration amid shortage concerns raised by industry

The labour secretary's comments come at a time when major infrastructure companies like Larsen & Toubro have said that India is losing a large portion of its skilled labour to infrastructure projects that are being executed in the Middle East.

Aim to implement 3 employment-linked incentive schemes by the end of year, says labour secretary Dawra

The labour ministry will work with around 25 ministries to collate data on the various central and state government schemes where employment is created, either directly or indirectly

MC Interview: EPFO to soon get a digital makeover to minimise delays in disbursal of claims: Labour secy Dawra

The retirement fund body has been in the news for inordinate delays in disbursal of claims, sometimes even running into years. The labour secretary says the ministry is in the process of upgrading the EPFO’s digital platform and is developing a central database to streamline payments, which should be ready in another 2-3 months.

India employment provisionally grew at 6% in FY24 vs 3.2% in FY23, shows RBI data

The country's employment growth rate stood at 6% in that fiscal year, versus 3.2% in the previous fiscal year, the RBI's report on measuring industry level productivity and employment showed

EPFO adds 8.41 lakh new members in Dec 2023, jumps 14% MoM

The year-on-year analysis reveals a growth of 4.62 percent in net member additions compared to December 2022.

Urban unemployment hit new low of 6.8% in January-March as per govt survey

The urban unemployment rate fell even as the Labour Force Participation Rate increased to 48.5 percent.

Wall St Week Ahead | Investors to watch out for Fed stand following US inflation data

Following last month’s banking crisis, investors have become more convinced the Federal Reserve will cut rates in the second half to ward off an economic downturn

Wall Street falls on bank stocks tumble, jobs report jitters

Traders were betting that chances of a 50-basis-point rate hike at the Fed's March meeting were around 60 percent, up sharply from a probability of 31 percent before Powell's Tuesday and Wednesday appearances in Congress

Jobs galore gives US consumers firepower to fight off recession

For much of the last two years, Americans’ pay couldn’t keep up with the rising cost of staples like food, rent or gasoline. But with price increases now slowing down, workers are finally seeing their inflation-adjusted incomes start to rise

Wall Street ends firmer, growth stocks lead in thin trading

The Dow rose 345.09 points, or 1.05 percent, to 33,220.8; the S&P 500 gained 66.06 points, or 1.75 percent, at 3,849.28; and the Nasdaq Composite added 264.80 points, or 2.59 percent, at 10,478.09

Wall St Week Ahead | Stay sidelined or scoop up stocks? Investors weigh as market slides

As markets have tumbled, wary investors have cut their stock holdings this year in favour of safer terrain, drawn by higher yields on everything from Treasuries to money market accounts

Wall Street ends sharply lower as jobs report cements rate hike regime

The Labor Department reported the unemployment rate fell to 3.5 percent, lower than expectations of 3.7 percent, in an economy that continues to show resilience despite the Fed's efforts to bring down high inflation by weakening growth

‘Sizzling’ US jobs data make case for bigger Fed rate increases

US employers added 528,000 jobs last month, more than all estimates, the unemployment rate fell to a five-decade low of 3.5%, and wage growth accelerated

Where have all the jobs gone?

At the overall level, many youngsters are finding it difficult to get jobs because of the lack of appropriate skills

Thirty years of liberalisation: Reforms lifted GDP growth but didn’t create enough jobs

Overall growth in jobs has been coming down in every decade since liberalisation. The KLEMS database shows that total employment in 2017-18 was lower than in 2011-12

Comment | Why Indian women are dropping out of workforce, but Bangladeshi women aren't

IMF research says India could boost its economy by 27 percent, by raising women’s participation in the workforce.

Wall St weekahead - Investors upbeat on data, Fed; wary of Trump

NEW YORK (Reuters) - In an ordinary world, a U.S. Federal Reserve meeting, jobs data and a hefty number of earnings reports next week should provide investors with welcome distraction from speculation about the U.S. President's policy plans.

Shares in Asia mixed with Tokyo up on household spending, jobs data

Shares in Asia mixed with Tokyo up on household spending, jobs data

Rupee at 4-month high, opens 29 paise higher at 66.53/$

The Indian rupee has opened at 66.53 a dollar, up 29 paise compared with Friday's closing value of 66.82 a dollar.

Expect rupee to trade in 66.40-66.80/$ range: Raina

The USD-INR pair is expected to trade in the 66.40-66.80 a dollar range, with Central Bank support expected to curtail further gains, Ashutosh Raina of HDFC Bank says.

Forex - Yen slightly weaker ahead of CPI, household spending, jobs data

Forex - Yen slightly weaker ahead of CPI, household spending, jobs data