Unemployment: GK, Current Affairs, Questions, Trivia and News

Stocks fall in the US market

The yield curve inversion brought down the share prices. When the long term interest rates fall below short term interest rates the yield curve inversion occurs. It is one of the predictors of recession. However, experts say that one day yield curve recession cannot decide on the recession.  The professionals say that the trade war ..

2019 World Day of Social Justice

The World Day of Social Justice is observed every year on February 20 to recognize the need to promote efforts to tackle issues such as poverty, exclusion and unemployment. The day focuses on the plight of social injustice throughout the world and presses for improvements and solutions. The 2019 theme is “If You Want Peace ..

ILO releases World Employment and Social Outlook Trends (WESO) 2019’

The International Labour Organization (ILO) has recently released World Employment and Social Outlook Trends (WESO) 2019 report. As per the report, unemployment rates will fall to 4.9% in 2019 and remains steady in 2020. The new data gathered for the report show that a majority of the 3.3 billion people employed globally in 2018 worked ..

India’s unemployment rate hits a 45 year high of 6.1% in 2017-18

As per the National Sample Survey Office’s (NSSO’s) periodic labor force survey (PLFS), India’s unemployment rate hit a 45 year high of 6.1% in 2017-18. The latest data on unemployment in India is the first comprehensive survey on employment conducted by a government agency after Prime Minister Narendra Modi announced demonetisation move in November 2016. ..

World Day of Social Justice 2018

The World Day of Social Justice is observed every year on February 20 to recognize the need to promote efforts to tackle issues such as poverty, exclusion and unemployment. It is an opportunity to recognize social and economic injustices in the world — and to find ways to help those affected. The day aims to ..

What is a Contractionary Policy?

Contractionary Policy refers to the monetary policy which aims to slow down the economy by introducing a reduction in money supply for lesser money and investment. There are many economic tools used by the Central Bank of every nation like CRR, SLR, Repo, Reverse Repo, Interest Rate etc. to keep a check on the volume ..

Rajiv Kumar committee constituted by NITI Aayog to provide a major thrust to job creation by enhancing India’s exports

NITI Aayog has constituted an Expert Task Force to provide a major thrust to job creation by enhancing India’s exports. It will be headed by NITI Aayog Vice Chairman Dr Rajiv Kumar. The panel will give recommendations on sector-specific policy interventions in key employment sectors and measures to enhance trade in services with high employment ..

Labour Bureau Survey and Issue of Low Job Creation

The most recent quarterly survey by the Labour Bureau showed India created only 1.35 Lakh jobs in 2015 in comparison to 9 Lakh in 2011 and 4.19 Lakh in 2013. This indicates that the days of jobless growth are back and India would be far from reaping the demographic dividend. Questions & Answers Why this ..