Tag: unemployment
The recent rise in the U.S. unemployment rate to its highest level in nearly three years has sparked concern among economists and investors alike. This development has led to a debate on the appropriate response from the Federal Reserve, particularly regarding the potential need for a significant rate cut...
At its core, a budget, whether for a household or a government, operates on the same principle: balancing expenditures with income. However, a significant distinction exists. Governments possess the sovereign authority to print money, a power not available to households. For Finance Minister Nirmala Sitharaman, crafting India's budget is...
The unorganized sector, a crucial segment of the Indian economy, plays a significant role in providing employment and supporting economic activity. Recently, the National Statistical Office (NSO) released the Annual Survey of Unincorporated Sector Enterprises (ASUSE) reports for the fiscal years 2021-22 and 2022-23. This shift from a five-year...
The newly formed government is facing significant economic challenges that necessitate a reevaluation of budget priorities. The interim budget for 2024-25, crafted in the shadow of ongoing economic difficulties, must address rising unemployment, persistent food inflation, and rural distress. Despite a seemingly robust resource position bolstered by buoyant tax...
