Congress leader Rahul Gandhi Sunday attacked the government over the issue of employment, saying the difference between a week off and a working has ended under this dispensation as “there are no jobs”. Taking to Twitter, Gandhi tagged a media report on US auto major Ford deciding to stop vehicle manufacturing in India which quoted … Read more
With relentless price hikes forcing Indian consumers to shell out more and more on fuel, expenses under various other heads are being crowded out. card spending data bears this out, said SBI’s Ecowrap report. As per June data, non-discretionary health expenditure came down significantly to make up for the burgeoning fuel bill. Not just health, … Read more
Covid-19 restrictions have impacted the midday meal due to the shutdown of schools, caused diversion of ASHA workers to Covid-19 related duties, and resulted in the closure of Anganwadi centers. (Representational image: IE) By Dr K Madan Gopal, The Covid-19 outbreak is probably one of the most difficult challenges that India has had to face … Read more
Washington: US employment growth rebounded less than expected in January and job losses the prior month were deeper than initially thought, strengthening the argument for additional relief money from the government to aid the recovery from the Covid-19 pandemic. The labour department said on Friday nonfarm payrolls increased by 49,000 jobs last month. Data for … Read more
The survey titled “Hindsight 2020: COVID-19 Concerns into 2021” was conducted by the The Workforce Institute at UKG. Health, safety, job security and burnout due to change in working conditions are some of the major concerns weighing over the minds of the employees during the Coronavirus pandemic, a cross-country survey spanning over 4000 employees from … Read more
“One striking finding is the number of these young adults grew across the board, all racial and ethnic groups, both men and women, and in metropolitan and rural areas,” Cohn says. “We don’t necessarily know if this is a good thing or a bad thing. We’ll have to see.” There are some negative psychological … Read more
Consumers in India expect inflation to remain high over the next year, further hindering their ability to spend at a time when confidence is at a record low because of job losses and wage cuts. Households’ median inflation expectations over a one-year period remained elevated at 10.3%, according to the latest survey from the Reserve … Read more
NEW DELHI: Taking a dig at the government, Congress leader Rahul Gandhi on Saturday said its “well planned fight” against coronavirus has allegedly put India in an “abyss” of GDP reduction of 24 per cent, 12 crore job losses, 15.5 lakh crore additional stressed loans and globally highest daily COVID-19 cases and deaths. The Congress … Read more
LONDON: The number of people in work in Britain fell by 220,000 in the three months to June, the most since 2009, as the coronavirus crisis hammered the number of self-employed, Office for National Statistics said. The number of self-employed people fell by a record amount, led by older workers, while the number of employees … Read more