Page 19 - Unemployment In India

A first since independence: Employment down by 9 mn in 6 yrs, says report

Ever since NSSO's Periodic Labour Force Survey was published (which showed that unemployment in India was at a 45-year high, there have been debates on the state of employment in India

Corporate India had an extraordinary 2018-19, but their real wage rate fell

In last 6 years, wages have grown at an average 10% a year within a narrow range of 9-12% per year. During this period, sales have grown at an average annual rate of 6% in wider range from -3% to +17%

Low-skill jobs dominate

May-August 2019 is also the second consecutive complete Consumer Pyramids Household Survey to have recorded a sequential increase in employment

Rural unemployment rises, urban stabilises

The rural unemployment rate in the week ended October 6 was 8.3 per cent and in the second week it was 8.2 per cent

Sep 2019 was arguably the best month for Indian labour markets in 3 years

The estimated number of people employed shot up to nearly 410 million in September 2019

Inside labour hubs in India's capital: Fewer jobs, more unemployed workers

Demonetisation, GST, sealing and anti-pollution measures worsened the prospects of getting a job, but experts said such opportunities were already scarce for those without a proper education

Women's employment in focus as govt starts talks to boost job creation

The move comes at a time when the gross domestic product (GDP) growth has slipped to a six-year low of 5 per cent in the first quarter of this financial year (FY20)

Best of BS Opinion: Educated unemployed mark India's looming crisis

Here's a selection of Business Standard opinion pieces for the day

Growing crisis of the educated unemployed

When you put the reports by HRD ministry and CMIE survey together, you are looking at a simmering volcano

Labour supply expands by 4.5 million

A greater proportion of a rising population joining the labour force is the best of both worlds

Just 19% of employers in India bullish on hiring in Oct-Dec quarter: Survey

Despite the modest number, India is the fourth most optimistic nation about hiring plans for the next three months globally

Unemployment in Jammu & Kashmir

In the recent past we faced several challenges in execution of the survey

1 in 5 Mudra beneficiaries started new biz; job creation even less: Survey

Simply put, the number of additional jobs created in 33 months was less than 10 per cent of the total number of loans

Top 10 biz headlines: Core sectors growth slows, no new Jet suitor & more

From a spurt in cement production and slower contraction in energy segment pulling up growth in 8 core sectors to 2.1% in July to Jet failing to find a new suitor, here is today's top business news

A V-shaped unemployment rate

The V-shape pattern of the unemployment rate holds true for both, urban and rural unemployment rates

Unemployment now in the 8-9% range

While the weekly unemployment rate was over 9% during the week ended August 25, the 30-day moving average on the same day was 8.25%

1.2 million new jobs created in June, fewer than May: ESIC payroll data

Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by National Statistical Office (NSO) stated

From banks to automakers, hiring slowing across most sectors: Care Ratings

The services sector, which accounts for a bulk of the economy, was the lone sweet spot that displayed robust jobs growth

Jobs grew at medium and large companies, but at a slow pace: Study

The study, carried out by CARE Ratings, is based on annual reports of 969 medium and large companies

Hope survives in urban India

After a rapid fall from the early-June peak, the unemployment rate has been rising steadily