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The issue of unemployment has been a major problem for the Indian economy, especially affecting the youth. [81] [82] Unemployment in India has been at a 45-year old high. [83] According to a 2022 World Bank report, India's youth unemployment rate stood at 23.2%, [84] whereas the national unemployment hovered around 7%. [81]
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
Bangladesh has a labor force of roughly 70 million, [177] which is the world's seventh-largest; with an unemployment rate of 5.2% as of 2021. [178] The government is setting up 100 special economic zones to attract foreign direct investment (FDI) and generate 10 million jobs. [179]
The unemployment rate of Spain is the third highest among OECD countries, 15.1% of the total labor force was unemployed in the third quarter of 2018. [4] The youth unemployment in Spain in the third quarter of 2017 was 37.44%. [5] Spain's population has less women than men working within the working sector. [6]
Unemployment rate change for each U.S. presidential term from 1949 (data from the Bureau of Labor Statistics) [14] [8] President Political party Period of presidency Unemployment rate at start of presidential term Unemployment rate at end of presidential term Change in unemployment rate during presidential term (percentage points) Harry S. Truman
This gave the country the 5th-best ranking in the OECD (with an OECD average at the time of 5.5%). The low numbers correlated with a robust economy and a large backlog of job positions at all levels. [124] Unemployment numbers are not always directly comparable between OECD nations, as members do not all keep labour market statistics in the ...
GDP per person (more commonly called "per capita" GDP) is the GDP of the entire country divided by the number of people in the country; GDP per person is conceptually analogous to "average income". Economic growth by country [ 7 ]
The NUWM was founded by Wal Hannington and led in Scotland by Harry McShane.From 1921 until 1929 it was called the National Unemployed Workers' Committee Movement. The NUWM became the foremost body responsible for organising the unemployed on a national basis in the interwar period, these years being characterised by high levels of unemployment.