Tag: jobless
Global coal industry may render 4 lakh jobless in about 10...
There appears to be worrisome news for workers of Coal India. Globally, the coal industry is set to witness several mine closures as cheaper...
Unemployment rate rises from 8% to 8.30% in Dec. 2022
As per the data from the Centre for Monitoring Indian Economy (CMIE), the unemployment rate in India has risen from 8 per cent to...
Only 3.5% joblessness in the US, 5.28 lakh jobs added in...
While recession has not set in yet, it may not be too far away either feel some experts. At a time when economists were...
Udayy shuts down, renders at least 100 employees jobless
Udayy, the edtech startup that was launched in 2019, had to let go its entire staff and close down for good. That means, about...
Furlough scheme ends, Britain to spend $678mn to help jobless get...
Ever since the pandemic began, Britain’s furlough scheme has helped pay the salaries of about 11.6 million workers. It kept them from feeling the...
Southwest Airlines to fill 4,500 posts, offers attractive referral bonus
Southwest Airlines is keen to hire quality talent for about 4,500 posts, but is struggling to find suitable candidates. It is offering referral bonuses...
Employment growth forecast for 2021 insufficient to help jobless, new jobseekers
While the employment scenario in 2021 and 2022 will witness a rebound, it will not be enough to close the gap in employment brought...
Joblessness up in Japan, demand for jobless aid dips in US
Japan is facing a spike in unemployment rate with lesser jobs being available. From 2.6 per cent in March, the country’s jobless rate went...
16,000 rendered jobless due to closure of Amara Raja units
Violation of environmental norms has led to seven units of Amara Raja Batteries being shut down in the Chittoor district. This has rendered about...
Challenges ahead for jobless Indian expats returning from the Gulf
Data compiled by the Non-Resident Keralites Affairs (NoRKA), reveals that about 8.7 lakh expats have come back to Kerala, between May 2020 and January...
UK’s furlough scheme to end, 7 lakh jobs at risk
Around 700,000 people may be rendered jobless in the UK, as the Government’s furlough programme is about to end in October. As per the...
Unemployment benefit: 50% of 3 months’ salary for 4 mn workers
About four million industrial workers will now get 50 per cent of their three months’ average salary as unemployment benefit. The union government has...
800 Emirates pilots laid off in a day
Emirates, the Dubai-based airline, has started another round of layoffs, slashing 800 jobs in a day. The senior pilots with over 12 years of...
20 lakh private bus and tourist taxi operators jobless
The lockdown that crippled the country’s economy has impacted the passenger transport companies as well. About 20 lakh people working directly for operators of...
Maharashtra tries to help its jobless workers, sets up portal
In an attempt to fill the gap created by the migration of workers from the urban areas to their villages, the Skill Development Department...
Uttar Pradesh to create 1.1 million jobs by amending policies in...
With millions of migrant workers roaming around without jobs in Uttar Pradesh, the state government is planning to amend the UP Food Processing Policy...
Singapore experiencing worst recession, highest unemployment rate in over 10 years
Ever since the global financial crisis in 2009, the unemployment rate in Singapore has not been this high. The first quarter saw the rate...
Two lakh will be jobless in tourism sector in eastern India...
With all bookings for the summer being cancelled due to the COVID-19 pandemic, at least two lakh people associated with the tourism sector in...
Mountaineering expeditions in Nepal stopped, 20,000 jobs may be lost
As part of measures to check the spread of coronavirus, Nepal has stopped issuing visas on arrival to tourists, irrespective of the country they...
541 Zomato employees rendered jobless
Barely a month after Zomato, the online restaurant guide and food ordering platform, laid off 60 employees, it has again rendered about 10 per...
Indian handsets sector rendered 250,000 jobless in two years
With several thousands of small phone-retailing shops shutting down, about 15 per cent of the workforce in the handsets segment of India has been...
Over 15000 jobs to be cut at Deutsche Bank
Deutsche Bank, the German multinational investment bank and financial services company is planning a revamp estimated to cost $5.6 billion, which will see more...
Samsung to lay off 1,000 employees in India
While on the one hand Samsung claims to have generated 2000 jobs last year, it is now reported that in the face of stiff...
Robots will replace 8.5 per cent of the manufacturing workforce by...
According to a report by Oxford Economics, the economic forecast and quantitative analysis organisation, robots will take over 20 million jobs in the manufacturing...
Amazon to automate thousands of jobs
Amazon has decided to roll out a machine, which will automate the job of boxing up customers’ orders. This machine will render thousands of...