Wednesday, 25 May, 2022
TopicJob loss

Topic: job loss

Job insecurity will increase if Indian firms don’t tackle rising employee dissatisfaction

Increasing flexibility at work should not come at the cost of an employee’s job security. After all, security is tied to job satisfaction, more so for women.

Unemployment rise in India isn’t due to Covid alone. See what data says

Decline in India’s manufacturing sector, in formal employment and in numbers of youth 'unemployed but looking for work' are all indicators of the severe jobs crisis.

‘This is Kalyug’: MSMEs, workers in shoe hub Agra say GST hike a kick in the gut after Covid

Covid lockdowns and ongoing Omicron wave have hit hard, but GST hike to 12% from 5% on footwear below Rs 1,000 has knocked down many businesses & left labourers without work.

One thing people want Modi govt to do right away, six-state survey gives us the mood

The Prashnam survey clearly demonstrates the enormous tragedy in terms of lives and livelihoods that Covid-19 pandemic has inflicted on India.

Covid killed 81 million jobs in Asia-Pacific this year, ILO says

Young people have been affected by working-hour and job losses, the ILO said, with the youth share of employment losses three to 18 times higher than their share of total employment.

Just under half of India’s labour force digitally skilled, WEF’s Future of Jobs report says

World Economic Forum’s 'Future of Jobs' report also found that automation of work will displace 85 million jobs globally in the next five years.

China split on vaccine doses, South African teachers demand pay raise & other Covid news

As the Covid-19 pandemic shows no signs of letting up, ThePrint highlights the most important stories on the crisis from across the globe.

No salary hikes means India’s economic recovery will have to wait even if hiring resumes

Slowing wage growth risks squeezing private spending in a country where consumption accounts for about 60% of gross domestic product.

Engineers, pilots, journalists — job losses have spared none & no one knows if worst is over

Many sectors have been impacted due to the pandemic, the lockdown and uncertainty. Only some who lost their old jobs have managed to get new ones.

Kerala’s next crisis: How to deal with return of lakhs of ‘Gone to Gulf’ people

More than 5 lakh Keralites are expected to return from Gulf & state has to deal with plight of those losing jobs there and erosion of its remittance economy.

On Camera

YourTurn

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

Boeing's F/A-18 Super Hornet pulls off its first successful launch from a ski-jump at Naval Air Station Patuxent River, US | Photo credit: Boeing

2 American Super Hornets in India as Boeing looks to showcase fighters for Navy deal

Navy looking at about 26 multi-role deck-based fighters for its aircraft carrier. Visit by Super Hornets comes close on heels of similar trip by competitor Rafale M of Dassault Aviation.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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