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 …
Egyptian youth represent 23.6% of the total population, around 20.7m, and around 26.3% of those youth suffer unemployment, while 51.2% suffer poverty, according to a 2015 report that was issued by the Central Agency for Public Mobilisation and Statistics (CAPMAS) on Tuesday. Youth close to the poverty line amount to …
South Africa’s economy is having a tough time. The country is struggling to escape the effects of the global financial crisis and mining companies – one of South Africa’s key economic sectors – are laying off workers in response to falling commodity prices. While the country has invested R1tn (£507m) …
The Telangana Government on Thursday constituted a nine-member coordination committee to operationalise the Centre’s scheme for unemployed youth and farmers to establish grid-connected solar PV power projects in the State. The Centre has allotted Rs.233 crore to Telangana as Central Financial Grant at Rs.50 lakh per MW for an allocated …
AN estimated 11.2 million Filipino families see themselves as poor, according to a Social Weather Stations (SWS) survey conducted in the second quarter of the year. The results were released on Monday simultaneously with President Benigno Aquino 3rd’s sixth and last State of the Nation Address (SONA) where he took …
Black children were almost four times as likely as white children to be living in poverty in 2013, a new report has found, the latest evidence that the economic recovery is leaving behind some of the United States’ most vulnerable citizens. The share of American children living in poverty fell …
CAPE TOWN, South Africa (Thomson Reuters Foundation) - A motorbike accident two years ago in the Cape Town suburb of Milnerton left Pascal Kassongo with a leg fracture, multiple cuts and a written-off bike, crippling his courier business. Two weeks in hospital, followed by several more of physiotherapy and recovery, …
The European Union on Monday approved 1.15 billion euros (£813.78 million) in aid for West Africa through to 2020, nearly doubling its previous commitment to a region that is a major source of migrants seeking to enter Europe. West Africa is home to some of the world's poorest and historically …
India has secured second position amongst 40 countries in a survey of trust in national governments for 2014 conducted by the Organisation for Economic Cooperation and Development (OECD). Switzerland has emerged at the top with Norway coming in third. An impressive 73 per cent of Indians polled in the survey …
A greater and more sustained effort to deepen the integration of developing countries into the global trading system through lower trade costs and fewer barriers between countries is essential to eliminating extreme poverty, according to a joint World Bank Group and World Trade Organization report. The report, “The Role of …
Even as the per capita income in Delhi registered an all-time high of Rs.2.41 lakh in 2014-15, the number of industrial units in the Capital grew by 18.35 per cent during 2005 to 2013. However, the total employment during the period declined by over 12 per cent and the number …
Delhi suffers from air pollution caused by transportation, road dust, industries and domestic air emissions says Delhi Economic Survey 2014-15 released on 24 June 2015. Economic Survey of Delhi 2014-15: In reflection of growing economic prosperity of Delhiites, the per capita annual income in the national capital rose by nearly …
With cities increasingly in the spotlight on the international stage, urban planning and development has become a critical issue in the Sustainable Development Goals (SDGs). While slums continue to grow in most developing countries, reinforcing other forms of inequality, urban planning requires a shift from viewing urbanisation mainly as a …
Global growth is expected to be 2.8 percent in 2015, but is expected to pick up to 3.2 percent in 2016–17. Growth in developing countries and some high-income countries is set to disappoint again this year. The prospect of rising borrowing costs will compound the challenges many developing countries are …
The second volume of the ILO World Report on Child Labour series highlights the close linkages between child labour and good youth employment outcomes, and the consequent need for common policy approaches to addressing challenges arising in countries where both child labour and youth unemployment prevail. The Report presents empirical …
Renewable energy investment and deployment is paying off, and in spades, when it comes to addressing a basic issue plaguing developed and developing countries alike: an inability to generate jobs that pay a good living wage. Around the world, renewable energy job creation continues to far outpace that for economies …
This report is based on the employment and unemployment survey conducted in the 68th round of NSS during July 2011 to June 2012. In this report, estimates of the employment and unemployment indicators are presented for each of the class 1 cities, for size class 2 towns and for size …
More than 7.7 million people worldwide are now employed by the renewable energy industry, according to a new report released by the International Renewable Energy Agency (IRENA). This is an 18 per cent increase from last year’s figure of 6.5 million. The report, Renewable Energy and Jobs – Annual Review …
At a time when rural India is in distress, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which could have provided some relief, is itself facing its worst period ever. The number of people working under the scheme and the amount of work provided is dwindling, and the trend …
A majority of Indian business leaders across sectors say policy makers are not doing enough to create a conducive intellectual property (IP) environment, which is key to attracting FDI and fostering economic growth by encouraging R&D; in the country, says a report. According to an opinion poll carried out by …
The UK green economy contributed 357,000 jobs to the UK in 2012, growing more than 5% in two years according to figures released Wednesday by the Office for National Statistics (ONS). The UK's independent statistics office said they had carried out the study because of an increasing demand in the …