 "Job offers increased in September 2018")
In the month of September, the labour participation rate increased to 43.2 per cent. This was its highest during the current fiscal so far. News reports from the labour markets of large scale recruitment seem to connect with this increase in the labour participation rate.
Labour participation rates in India are low at less than 45 per cent because there are few jobs. Most people who are employed are, in fact, self-employed. They do not have jobs like we imagine jobs to be. They employ themselves to do something and eke out a living because nobody else employs them.
Labour participation rates in India are low at less than 45 per cent because there are few jobs. Most people who are employed are, in fact, self-employed. They do not have jobs like we imagine jobs to be. They employ themselves to do something and eke out a living because nobody else employs them.
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
