We have spoken about job losses in this column earlier. But, the labour markets' problem is not just in this fall or even its composition, which is no less worrying. Arguably, a greater problem is the sharp fall we see in the number of people seeking jobs.
A fall in the number of people employed along with a fall in the number of people seeking jobs implies a fall in the labour force. Prima facie, this is worrisome. Why should the fastest growing large economy with a young population see a fall in the labour force?
The number of people
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