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Unemployment

Opinion | Why India could soon dethrone China as world’s top consumer market

by Anas Siddiqui
Opinion | Why India could soon dethrone China as world’s top consumer market

China’s status as the world’s top commercial power is being tested amid an economic slowdown and demographic shifts. Its sheer size, infrastructure and government efforts to move the country to …

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‘Godfather’ gets 54 years in $150 million California workers’ comp scheme

by Akin Smith
‘Godfather’ gets 54 years in 0 million California workers’ comp scheme

A man, who Riverside County Superior Court records say called himself “The Godfather,” was ordered to serve 54 years in state prison and pay $23 million in fines for masterminding …

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Educated, jobless and angry: India’s young graduates drown in despair even as economy booms

by Walter Watson
Educated, jobless and angry: India’s young graduates drown in despair even as economy booms

He has eked out a living in part-time jobs ranging from a tailor’s assistant to a nighttime security guard while cramming for gruelling civil service examinations. Coming from a farming …

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Lengthier job hunts for recent graduates could be major factor in unemployment rate

by Anas Siddiqui
Lengthier job hunts for recent graduates could be major factor in unemployment rate

Nearly a year after graduating from Carleton University with a degree in engineering physics, Surya Nareshan is still struggling to find employment. Nareshan, who lives in Ottawa, has applied for dozens …

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Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%

by Walter Watson
Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%

Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market. Nonfarm payrolls increased 303,000 for the month, …

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IIT Bombay Responds to Reports of 36% Graduates Without Placement, Provides Clarification with Data

by Judith Hall
IIT Bombay Responds to Reports of 36% Graduates Without Placement, Provides Clarification with Data

Home Education IIT Bombay Responds to Reports of 36% Graduates Without Placement, Provides Clarification with Data IIT Bombay provides clarification on placement status amidst reports of 36% of students remaining …

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Job gains expected again in March. What to look for in Friday’s report

by Walter Watson
Job gains expected again in March. What to look for in Friday’s report

A person works on a Bowlus recreational vehicle at Bowlus’ factory in Oxnard, California, Feb. 23, 2024. Timothy Aeppel | Reuters The March nonfarm payrolls count likely will indicate hiring …

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India stares at high youth unemployment as hiring in its IT sector slows

by Walter Watson
India stares at high youth unemployment as hiring in its IT sector slows

Employees work at the headquarters of security system developer Staqu Technologies in Gurugram, India.  Bloomberg | Bloomberg | Getty Images India is facing a youth unemployment problem as a decline …

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California is No. 1 in U.S. for unemployment

by Vera Ward
California is No. 1 in U.S. for unemployment

California’s 5.3% unemployment in February was the highest rate in the nation. My trusty spreadsheet, looking at labor stats dating to 1976, could find only 11 other months the state …

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Australia’s central bank warns of another tough year for borrowers, businesses

by Walter Watson
Australia’s central bank warns of another tough year for borrowers, businesses

The Australian Flag is seen on June 25, 2017 in Melbourne, Australia. Darrian Traynor | Stringer | Getty Images Australia’s central bank expects another tough year for households and businesses, signaling little rate relief in months ahead, but …

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