India's unemployment rate is likely to decline by as much as 97 basis points by 2028 as the country's economy hits the USD 5 trillion mark, fuelling a rise in employment, a new report said. Unemployment rate -- the percentage of people in the labour force who are without jobs …
This 10th South Africa Economic Update offers a review of the country’s recent economic and social developments and outlook in the context of global economic prospects. It focuses on the role of innovation in fostering economic growth, job creation and poverty reduction in an environment in which more South Africans …
Nigerian govt. to invest N2.5 Billion in DFIs for Small Scale MinersNigerian govt. to invest N2.5 Billion in DFIs for Small Scale Miners Steel ministry wants Nigerian banks to fund solid minerals sector Investment would facilitate industrialisation, generate more jobs and additional revenue. The Ministry of Mines and Steel Development …
For more than two months, the 376 households (about 2050 people) of Ago-Egun, a fishing community outside Bariga, a sprawling town in Lagos have had their means of livelihood cut off. Their fishing canoes sit on the shallow shores as the men of the community wander around unable to sail …
The World Bank has published a report titled, ‘The Rising Tide: A New Look at Water and Gender,’ which characterizes water as “an asset, a service and a space” and illustrates how water can “reflect and even reinforce” gender inequality. The report, launched during World Water Week in Stockholm, Sweden, …
Policy uncertainty, weak economic growth, high unemployment, rising prices and lower investment are threatening to undermine progress SA has made in its fight against poverty. Remarkable strides to fight poverty have been made since the country obtained majority rule in 1994, but the drought, low economic growth and rising unemployment …
Scorched by a 10-month drought that has killed crops and reduced residents to buying trucked-in water, Adigama's young people are voting with their feet. At least 150 youth have left this agricultural village 170 km northwest of Sri Lanka's capital since the drought began, looking for jobs in the country's …
South Africa’s jobless rate stayed at a 14-year high in the three months through June as agriculture, mining and construction lost positions while finance and trade employed more people. The unemployment rate was 27.7 percent in the second quarter of 2017, matching the figure in the previous three months, Statistics …
Nigerian govt. will create 15 million direct jobs by 2020 – MinisterNigerian govt. will create 15 million direct jobs by 2020 – Minister 21 things to know as Buhari unveils Nigeria’s economic recovery, growth plan21 things to know as Buhari unveils Nigeria’s economic recovery, growth plan Buhari launches Nigeria's Economic …
Over the last two decades, South Africa has accomplished enormous social progress by bringing to millions of citizens access to key public services. Nevertheless, growth has trended down markedly recently due to constraints on the supply side. Low growth has led to the stagnation of GDP per capita, and persistent …
This white paper authored by SEI for the USAID Clean Power Asia programme aims to illuminate women working in the energy sectors of the four Lower Mekong countries of Cambodia, Lao PDR, Thailand, and Vietnam, as well as other Association of Southeast Asian Nations (ASEAN) member states, nations as part …
Urbanization in East Asia and the Pacific has created enormous opportunity for many. Yet the rapid growth of cities can also create challenges as national and local governments try to keep up with the needs of their growing populations. Among these challenges is a lack of affordable housing, resulting in …
Question raised in Lok Sabha on Unemployment, 17/07/2017. As per the result of surveys on employment and unemployment conducted by Labour Bureau, Ministry of Labour and Employment, the estimated unemployment rate for persons aged 15 years and above on usual status basis was 4% during 2012-13 and 3.7% during 2015-16 …
The task force on improving employment data headed by Niti Aayog Vice-Chairman Arvind Panagariya has suggested frequent surveys, extensive use of GSTN data and a dedicated central facility to improve India’s employment statistics. The draft report has suggested a host of recommendations to help the government collect more reliable, timely …
The Industrial Investment & Employment Promotion Policy of Uttar Pradesh 2017 will strive to leverage the inherent strengths of the state while developing new ones and tackling its underlying weaknesses considering the economic dynamics at play at the Indian, Asian and the Global level. The policy will aim to create …
Rail operations that transport coal to South Africa's Richards Bay Coal Terminal (RBCT) have been halted because of violent community protests, state-run logistics group Transnet said on Thursday. "Transnet has experienced interruptions to operations on the Richards Bay Coal Line as a result of violent community protests ... The protests …
Tourism – in terms of its contribution to gross domestic product, employment and trade – is an important sector in many African economies, and its growth is increasingly driven by tourists originating from the continent itself. However, most African countries still face significant challenges and constraints in exploiting the potential …
Lack of skills, low wages, and limited access to land and financial services continue to disinterest Africa’s young people from Agriculture hence leading to high unemployment. According to FAO, in 2014 alone, about 11 million young Africans entered the labour market. But many see few opportunities in the agriculture sector. …
Unemployment crisis will ravage the continent if it doesn’t opt for market-based development, according to report by Tony Blair’s Institute In 2014, there was a stampede as 20,000 people tried to apply for jobs in the Nigerian immigration service. Several would-be candidates were injured Parts of Africa could face a …
India has set a target of having 100 Gw of solar and 60 Gw of wind energy capacities by 2022 Over three lakh new workers can be employed in wind and solar energy sectors if India achieves its ambitious target of 160 Gw capacity by 2022, a study has shown. …
Renewable energy job creation and skill development is one of the Indian government’s foremost objectives. However, credible information on the number of jobs that have been created so far, and those that can be created in future to achieve India’s renewable energy goal of 175 gigawatts (GW) by 2022, has …
