Creative Bharat
The number of Americans filing for first-time unemployment benefits fell more than expected last week, signalling ongoing resilience in the labour market even as warning signs mount from escalating trade tensions and economic uncertainty.Initial jobless claims dropped by 13,000 to a seasonally adjusted 228,000 for the week ending May 3, according to the US Labour […]
Representative AI image (Credit: Meta AI) Tourism in China saw a notable rise with increased consumer spending during the five-day Labour Day holiday; however, Chinese social media users questioned these statistics, citing various economic issues and declining exports, according to Radio Free Asia (RFA), quoted by ANI.According to China’s ministry of transport data, daily cross-regional […]
The US nonfarm payroll employment rose by 177,000 in April, while the unemployment rate remained unchanged at 4.2 percent, according to the latest report from the US Bureau of Labour Statistics. Employment continued to trend up in health care, transportation and warehousing, financial activities, and social assistance, although federal government employment declined as businesses navigated […]
Happy Labour Day 2025: International Workers’ Day, commonly known as Labour Day in many countries and also referred to as May Day, is an annual observance dedicated to honouring workers and the working class. Supported by the global labour movement, it is celebrated each year on May 1 or, in some regions, on the first […]
New Delhi, Delhi, India: Highlights: The study ‘Income Inequality and Labour Markets in India’, prepared by the Institute for Competitiveness, was released on April 29, 2025. It is an update on ‘The State of Inequality in India Study’, which was released by Dr Bibek Debroy (EAC-PM) in 2022. […]
Representative image (Picture credit: AP) Commercial plane prices are set to rise as aviation giants are facing added pressure amid US President Donald Trump’s tariff push against global trade.The cost of planes has already soared by about 30 per cent since 2018, largely due to post-pandemic supply chain issues and rising input costs. Additionally, materials […]
Urban unemployment rate, however, remains stable at 6.7% in 2024 due to female unemployment falling from 8.9% to 8.2% | Photo Credit: – Overall unemployment saw a minor drop, from 5 per cent to 4.9 per cent for calendar year 2024, but the urban male unemployment rose to 6.1 percent from 6 per cent, stated […]
International Labour Organisation’s (ILO’s) assessment that India’s social protection coverage is 48.8 per cent is “an underestimation” as it does not account for in-kind benefits provided to the citizens, such as food security and housing benefit, says Ministry of Labour and Employment. It also does not cover social protection schemes administered by the States, the […]
Central trade union and independent sectoral federations and associations have collectively decided to go on a day’s strike if the government decides to implement ‘pro-employer’ four labour codes without following the democratic process of consultations with their representatives. The government said that the four labour codes — the Code on Wages, the Industrial Relations Code, […]
The Ministry of Labour & Employment (MoLE) has signed an MoU with APNA, one of the country’s leading job recruitment platforms, to bring over 10 lakh employment opportunities annually to the National Career Service (NCS) portal. The Ministry described the move as a major step towards enhancing employment prospects for young job seekers. Key […]
