Unemployment Archives

A Job to do: On unemployment in India

Synopsis: Employment opportunities need to expand in areas where labour is deployed to deliver higher productivity for enterprise and higher returns to labour. Contents1 Introduction2 What are some concerns regarding unemployment in India?3 What is the impact of rising unemployment?4 What is the way forward? Introduction India’s unemployment rate in August was 8.3 per cent… Continue reading A Job to do: On unemployment in India

Can unicorns solve the country’s youth unemployment problem?

Synopsis: Unicorns can make some impact and lessen youth unemployment, especially in urban India, but they can’t solve the country’s problem of job scarcity. Introduction In August 2021, India’s unemployment rate stood at 8.32%, worse than July’s rate of 6.96%, but similar to the rates recorded in August 2020 and August 2019, which were at… Continue reading Can unicorns solve the country’s youth unemployment problem?

A step backward: On unemployment in India

Synopsis: The periodic labour force survey (PLFS) indicates that India, far from modernising and formalising its economy, seems to be moving backwards in terms of the employment available. Introduction Recent PLF survey has stated that unemployment rate has declined by a percentage point to 4.8 per cent in 2019-20. The previous number, in the first… Continue reading A step backward: On unemployment in India

Finding work is work in progress (COVID’s impact on jobs)

Source: Times of India Relevance: Dealing with economic implications of COVID Synopsis: Reversing the pandemic hit to the job market is only a first step. The real jobs challenge still lies ahead. A brief look at the impact of COVID on the job market and the future challenges. Contents1 Context2 Impact of pandemic on jobs3… Continue reading Finding work is work in progress (COVID’s impact on jobs)

What India’s labour force survey actually says about employment

Sources: Livemint, The Indian Express and The Hindu Relevance: This article explains the recent PLFS survey and associated issues Contents1 Synopsis:2 Introduction3 Key findings of the Quarterly Bulletin of PLFS:4 About the significance of the recent PLFS:5 Reason for high jobs during low economic activity:6 Challenges exposed by the PLFS7 Conclusion: Synopsis: The Periodic Labour Force… Continue reading What India’s labour force survey actually says about employment

Periodic Labour Force Survey and Unemployment in India- Explained, pointwise

Contents1 Introduction2 What is the Periodic Labour Force Survey?3 What are LFPR, WPR and UER?4 The LFPR and UER in the past:5 What does the Low LFPR and High UER imply?6 Why the recent Periodic Labour Force Survey (PLFS) reports are signifying?7 Causes of unemployment in India8 Suggestions to reduce the unemployment rate Introduction The… Continue reading Periodic Labour Force Survey and Unemployment in India- Explained, pointwise

Unemployment reports are misleading:Union Minister

Union Minister has said that the reports about high unemployment rate in the country are misleading and asserted that employment generation is the priority of the government. This statement came after NSSO report showed that unemployment rate across the country stood at 6.1%,the highest since 1972-73.It also showed that joblessness was higher in urban India… Continue reading Unemployment reports are misleading:Union Minister

Unemployment data based on draft report: NITI Aayog

The government think tank,NITI Aayog dismissed the National Sample Survey Office (NSSO) report on unemployment as a draft and not a final report. The report showed that unemployment rate across the country stood at 6.1 per cent, the highest since 1972-73.It also showed that joblessness was higher in urban India (7.8%) than in rural India… Continue reading Unemployment data based on draft report: NITI Aayog

Tag: Unemployment