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 …
Ireland's Electricity Supply Board (ESB) expects private industry to create 3,700 jobs over the next five years, largely on the back of investments in green energy, the utility group said on Thursday. The ESB's positive outlook comes against a backdrop of soaring numbers of social welfare claimants, with the estimated …
California will receive $260 million of $1 billion in US economic stimulus funds slated for water infrastructure, US Interior Secretary Ken Salazar and Gov. Arnold Schwarzenegger said Wednesday. The announcement comes amid California's third consecutive year of drought, a weakening state economy and a lack of consensus in the state …
The Obama administration wants to ensure that legislation being crafted by Congress to fight global climate change does not violate international trade rules and backfire on US exports, the top US trade official said in a letter to a Republican lawmaker. The letter from US Trade Representative Ron Kirk, released …
Being a leading employers organisation the Employers Federation of Pakistan (EFP) has trained over 50,000 people across the country to fight against unemployment. While the government, on the other hand was producing around 1,500 of such trained employees in a year. Ashraf W. Tabani, President EFP said this while addressing …
The family-run Opel car dealership here has closed after 80 years. After the local SinnLeffers department store shut down, the grocery store in the basement put beer and pasta displays in the store windows where the mannequins once stood. The unemployment rate is shooting up as industrial jobs vanish. Until …
CHENNAI: In the next few months, the Tamil Industrial Development Corporation (TIDCO) will be implementing six new projects in joint venture in different districts at a total cost of Rs.107 crore, its general manager B. Ramakrishnan said on Monday. Addressing members of the Federation of Indian Chambers of Commerce and …
Chief Minister Tarun Gogoi has projected solution of the unemployment problem and eradication of poverty and illiteracy as the major electoral planks of the Congress party and his Government during his campaign trip to Hajo recently. Addressing the rally organised by Hajo Block Congress Committee at Hajo Higher Secondary School …
The vast majority of jobs in the private sector of Pakistan are generated in the small enterprise sector. Update Asian Development Bank (ADB) studies shows that small enterprises, comprising 1-4 people, employ almost 95 percent of the total labour force. On the other hand, Pakistan has an insignificant "medium" sector …
The National Child Protection Authority (NCPA) has decided to present amendments to the existing legislation on child labour. NCPA Chairman Jagath Wellawatte said the new legislation will seek to increase the legal age of child labour recruitment from 14 to 18. Mr. Wellawatte told the Daily Mirror that children employed …
Under the Petroleum Policy-2009, the government has allocated 50 percent job quota to the residents of each exploratory block for development and uplift of the area. According to official sources, employing the unskilled workers of the area, at local level both by the operator and its third party contractor has …
The present government will need its full five-year tenure to generate power to the level the ruling Awami League had pledged before the elections to do in three years. "What we pledged in the election manifesto to do in three years, we' ll be able to do in our five-year …
Observations of Shri Gopalkrishna Gandhi, Governor of West Bengal, at the Ladies' Study Group Charitable Trust Annual Award Ceremony, The Taj Bengal, Kolkata, April 7 2009.
Between India Shining and Jai Ho, through four years of high growth that India became the story of global markets, not much has changed on the ground, it would seem. Between aspirational Indians vying for better and richer lifestyles, there are millions still below the poverty line. India trails badly …
With 663,000 more jobs disappearing from the American economy last month, swelling the total number of jobs surrendered to the recession beyond five million, the government
The severity of underemployment has been high in rural areas. Considering the severity of the rural unemployment problem, various special employment programmes have been introduced by the Government of India to provide employment opportunities through the creation and strengthening of rural infrastructure. One such employment programme was the Employment Assurance …
This report discusses factors to consider when evaluating transportation economic stimulation strategies. Transportation investments can have large long-term economic, social and environmental impacts. Expanding urban highways tends to stimulate motor vehicle travel and sprawl, exacerbating future transport problems and threatening future economic productivity. Improving alternative modes (walking and cycling conditions, …
The summit of the Group of 20 leading high-income and emerging countries in London on Thursday seems set to achieve progress. But achievement must be measured not just against past performances, but against
Niger-Delta area of Nigeria, coincides approximately to the south-south geopolitical zone of the country. Before the discovering of the black gold (crude oil), agriculture was the dominant occupation of the people in the area. Crude oil was discovered in commercial quantity in the area in 1956. Since then exploration and …
