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 …
India has a great opportunity to meet the future skilled manpower demands of the World, India can become the worldwide sourcing hub for skilled workforce. The challenges for India get magnified, as it needs to reach out to the million plus workforce ready population, while facing an ever increasing migration …
The households covered under this survey has been classified into four social groups, viz., Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC) and Others category. The survey results show that at the All India level 40.4 per cent households belonged to the OBC category followed by 29.9 per …
Gender inequality is costing sub-Saharan Africa on average $US95 billion a year, peaking at US$105 billion in 2014– or six percent of the region’s GDP – jeopardising the continent’s efforts for inclusive human development and economic growth, according to the Africa Human Development Report 2016. The report analyses the political, …
Telangana and the Malaysian state of Penang today agreed to work closely in high-end technology and manufacturing, and also decided to improve cultural ties. A delegation, led by its Deputy Chief Minister of Penang, P Ramaswamy today met Telangana Minister for Industries, IT and NRI Affairs K T Rama Rao …
With global youth unemployment expected to rise in 2016 for the first time in three years and the equally disturbing high levels of young people who work but still live in poverty, the United Nations labour agency today called for greater efforts to achieve sustainable economic growth and decent work. …
The International Labour Organization (ILO) has launched a youth-focused version of its 2016 report on global employment trends and prospects. The report, titled 'World Employment and Social Outlook 2016 - Trends for Youth,' finds that after several years of employment growth, youth unemployment is again on the rise. The ILO …
A new study has found that without action on climate change, the millennial generation as a whole will lose nearly $8.8 trillion in lifetime income dealing with the economic, health and environmental impacts of climate change. The study, "The Price Tag of Being Young: Climate Change and Millennials’ Economic Future," …
With a third of its citizens below the poverty line, the African country urgently needs to diversify and is banking on palm oil production to create rural jobs Gabon is 85% rainforest. Flying over the giant canopy, the miles pass without a glimpse of the forest floor. Then a bald …
The countries of the Southern African Customs Union have relatively diverse demographic and economic starting points. These economies have the potential to realize demographic dividends and experience an acceleration in their income per capita growth and poverty reduction progress through forthcoming shifts in their age structures. Between 35 and 75 …
African economies have grown substantially over the past decade, but poverty and inequality reduction has remained less responsive to growth successes across the continent, says the 2015 edition of the African Development Bank (AfDB)'s African Development Report. The theme of this edition is on “Growth-poverty and inequality nexus: overcoming barriers …
African economies have grown substantially over the past decade, but poverty and inequality reduction has remained less responsive to growth successes across the continent, says the 2015 edition of the African Development Bank (AfDB)'s African Development Report. The theme of this edition is on “Growth-poverty and inequality nexus: overcoming barriers …
Relying on the present literature, official statistics, and household survey data in the People’s Republic of China, this paper summarizes research findings on the relationship between urbanization, urban–rural inequality, and poverty, and provides further empirical evidence on the role of urbanization and government policies in urban poverty. Several conclusions can …
Many households in impoverished regions around the world are starting to shift away from inefficient and polluting fuel-based lighting -- such as candles, firewood, and kerosene lanterns -- to solar-LED systems. While this trend has tremendous environmental benefits, a new study by Lawrence Berkeley National Laboratory (Berkeley Lab) has found …
As the number of poor Rwandans keep moving out of poverty every year, a significant part of the population shockingly descends into it and this is worrying government. At least 10.4% of Rwandan households that were not poor in 2011 dropped into poverty in 2014 while the overall poverty reduced …
This report discusses cities’ resilience from economic, social, environmental and institutional perspectives. Ten case studies, including Antalya (Turkey), Belo Horizonte (Brazil), Bursa (Turkey), Cardiff (United Kingdom), Kobe (Japan), Kyoto (Japan), Lisbon (Portugal), Oslo (Norway), Ottawa (Canada) and Tampere (Finland) provide important examples of how cities can promote innovative policy actions …
A meeting is to be held on June 28 with Confederation of Indian Industry to decide on various aspects of the new policy after getting feedback from entrepreneurs. Puducherry government on June 25 said it proposed to bring in a new industrial policy as per its needs without harming the …
As countries design climate change adaptation policies, it is important to understand how workers alter behavior in response to changes in temperature. Nonetheless, the impact of temperature on labor markets is poorly documented, especially in Africa. Address this gap by analyzing panel surveys of labor choices by sector, contractual arrangement, …
The Renewable Energy: Future Jobs and Growth report finds that 50% renewable electricity by 2030 will create almost 50% more employment than our business as usual trajectory. This report compares two scenarios for the national energy sector – business as usual renewable energy growth (34% renewable electricity in 2030) and …
CPI demands windmill units to provide employment to locals. Anantapur: Despite being given thousands of acres for the units, windmills and solar power generation plants have failed to provide minimum employment to skilled locals of Anantapur district. Mr Phani Raj, who graduated in mechanical engineering from Anantapur, hoped for a …
There is robust epidemiological and clinical evidence of the harmful effects of unemployment on psychological well-being, but the mechanisms through which this occurs is still strongly debated. In addition, there is even less evidence on the impact of underemployment on mental health. Using longitudinal data collected from a cohort of …