Page 20 - Unemployment In India

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

Consumers turn gloomy about economic situation, employment: RBI survey

Perceptions on the general situation and employment softened, finds survey

Auto slowdown: 286 dealers closed down in 18 months, 32,000 jobs impacted

The worst-hit is the passenger car segment. Maharashtra leads with 84 closures, followed by Tamil Nadu and Delhi

Govt's silence dangerous: Priyanka on reports of threat to 1 mn auto jobs

Priyanka Gandhi tagged the media report on Twitter which said auto parts industry is fearing that 1 million jobs could be at stake due to the slowdown

A much-needed blueprint

The Economic Survey posits a clear development model to put India on a high-growth path

Govt set to remove minimum educational criteria for driving licence

At present, under Rule 8 of the Central Motor Vehicle Rules, 1989, a transport vehicle driver needs to have passed class 8

'India has wage problem, not job problem', believes TV Mohandas Pai

Pai said the data on unemployment put out by the Centre for Monitoring Indian Economy (CMIE) that 11 million jobs were lost in 2018 was erroneous

Modi forms 2 committees on investment and unemployment, will head them

It is perhaps for the first time that the Cabinet committees on the two issues have been set up

Unemployment rate in May looks set to be around 7%, or a shade less

If that happens, the monthly unemployment rate would have stabilised around 7% for six months with a movement within a narrow range of 6.7% to 7.4%

5 million men lost their jobs after demonetisation, says SWI 2019 report

Though the report does not establish any causal link with the note ban, it says the labour force participation started falling suddenly between September and December 2016 for both urban and rural men

Release NSSO data on employment without any changes, says panel

The government has withheld the release of the NSSO's PLFS report which showed the unemployment rate touching a 45-year high of 6.1% in 2017-18

At 30%, India's youth inactivity highest among emerging mkts: IMF economist

Data compiled by CMIE claimed that the unemployment rate in India rose to 7.2 per cent in February 2019

Economists urge govt to release NSSO data on employment without any changes

Chief statistician Pravin Srivastava gave a presentation on the findings of the NSSO report

Unemployment rises across religions, social groups, shows NSSO survey

The unemployment rate was falling for all the major religious groups in the urban areas in 2011-12, compared to 2004-05

Demonetisation, GST impacted jobs more than NSSO's headline numbers suggest

The unemployment rate, measured in terms of the usual status approach, stood at a 45-year high of 6.1 per cent in the July 2017-June 2018 period