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| Gems, Jewellery workers see rise in wages despite layoffs |
| Press Trust of India / New Delhi Aug 09, 2009, 14:01 IST |
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One person's loss is another's gain, and this truism has been amply borne out of the evidence in the gems and jewellery sector, which is among the worst-hit by the slowdown.
While the sector witnessed 1.65 per cent of its workers lose jobs between April and June this year, those whose jobs survived saw their monthly earnings improve by 4.68 per cent during the same period, thanks to overtime allowances, a government survey said.
"The increase in income may be because the existing workers are paid overtime allowances," the latest Labour Bureau survey on the 'Effect of Economic Slowdown on Employment in India' said.
The other sectors that saw an increase in average monthly earnings in the quarter ended June over March 2009, include leather (2.43 per cent), automobiles (5.36 per cent) and metals (2.39 per cent), it said.
However, the survey findings show that the workers' earnings, on average, in the country fell 1.3 per cent in the June quarter.
Among the sectors that saw a fall in earnings of workers include IT/BPO (2.18 per cent), textiles (1.10), handloom/powerloom (0.63 per cent) and transport (0.02 per cent).
The survey said export-oriented sectors like textiles, IT/BPO and gems and jewellery saw maximum job losses, with employment declining by 1.52 lakh, 48,000, and 20,000, respectively.
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