Page 8 - Mahesh Vyas

Can Kumbh mela help alleviate Uttar Pradesh's unemployment problems?

Less than six months ago we witnessed 30 million Kanwariyas trek the Himalayas to fetch Ganga water for their local Shiv temples

An invisible hand

Labour Bureau data show that male labour participation rate, which had been falling steadily from 2011-12 till 2015-16, rose in 2016-17

11 million jobs lost in 2018 - one-third of them by the salaried class

India's unemployment rate shot up to 7.4 per cent in December 2018, the highest in 15 months

Jobs as jumlas

Lack of jobs was apparently a less serious problem then than it is today

Job offers increased in September 2018

The Indian Railways was seeking to hire 120,000 recruits

As elections approach, govt must remember that job seekers are also voters

The weekly urban unemployment rate was over the 8% mark for all the three weeks of September

Unemployment rises in August 2018

The GDP growth estimates are at odds with employment estimates

EPFO data is not employment data

The data released so far implies an average addition of 0.52 million accounts a month with a monthly variation ranging from 0.39 to 0.65 million

Superman statistics: Employment either not rising or not rising adequately

In India, a household survey is a lot more important and relevant than a payrolls database because it includes the employment and unemployment conditions in both, organised and unorganised sectors

Primitive explanations of primitive assumptions

Prof. Pulak Ghosh and Dr. Soumya Kanti Ghosh provided explanations to what I called as primitive assumptions in their work on payrolls data

Improving employment data: Task force suggestion will take years to execute

The Task Force on Improving Employment Data was remiss in not mentioning this low-hanging fruit. All its suggestions will take years to execute

Three eminent economists criticise estimates of job losses

The CMIE-BSE real-time measurement of unemployment gave us the opportunity to observe demonetisation impact on jobs in real time

Volatility of the unemployment rate

The unemployment rate fell to 5.6 per cent during the week ended October 29. This was a significant fall from the 6.9 per cent rate during the preceding week

Consumer sentiment improves in rural India

The improvement reflects buoyancy in the rural sector

Arguing about aspirations

73% of the respondents from the middle-class in a survey said their first preference is a govt job

Consumer durables demand clutching at straws

The pitrupaksh period did not dampen spirits in 2017, like it did not in 2016

Urban unemployment rises to 8.2%, hits 11-month high

The BSE-CMIE effort at measuring unemployment in India has completed five Waves of surveys. The survey is conducted over a panel of about 160,000 households

Rural sentiments are volatile but they matter

Labour conditions in rural India are relatively stable but consumer sentiments are quite volatile

IT sector job losses and rising urban labour woes

A number of recent media reports suggest layoffs are now common in India these days

Impressive rise in consumer sentiment in April

It shot up by 6.4% from 93.84 in March 2017 to 99.82 in April