{"id":217450,"date":"2022-12-07T20:06:59","date_gmt":"2022-12-07T14:36:59","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=217450"},"modified":"2022-12-07T20:06:59","modified_gmt":"2022-12-07T14:36:59","slug":"the-great-jobs-hunt-too-few-indians-are-seeking-work-and-mostly-among-those-working-quality-of-employment-isnt-great","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/the-great-jobs-hunt-too-few-indians-are-seeking-work-and-mostly-among-those-working-quality-of-employment-isnt-great\/","title":{"rendered":"The Great Jobs Hunt – Too few Indians are seeking work and mostly among those working quality of employment isn\u2019t great"},"content":{"rendered":"\n

Source<\/strong>: The post is based on the article\u00a0\u201cThe Great Jobs Hunt – Too few Indians are seeking work and mostly among those working quality of employment isn\u2019t great\u201d <\/strong>published in The Times of India <\/b>on\u00a07th<\/sup>\u00a0November 2022<\/strong>.<\/p>\n

Syllabus<\/strong>: GS \u2013 3 \u2013 Employment.<\/p>\n

Relevance<\/strong>: About the quality of employment.<\/p>\n

News<\/strong>: India’s faster GDP growth does not translate into good quality jobs. Further, India does not also have timely and reliable job data.<\/p>\n

About India’s unemployment rate<\/h5>\n

The government\u2019s quarterly urban Periodic Labour Force Survey (PLFS)<\/strong> and Centre for Monitoring the Indian Economy\u2019s Consumer Pyramids Household Survey <\/strong>peg India\u2019s unemployment rate at 7. 2% and 8% as of September and November 2022 respectively.<\/p>\n

This means that around 3.5-3.9 crore Indians of the working age population, who are willing and able to search for jobs, are not getting jobs.<\/p>\n

These are two large-scale datasets. But these surveys do not mention, a)<\/strong> Unemployed persons who are not looking for jobs, b)<\/strong> About the quality of jobs<\/strong>\u00a0and their productivity<\/strong>. For instance, disguised unemployment is completely neglected in these surveys.<\/p>\n\n\n\n
Read more: India\u2019s big problem of low-quality employment<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
What is the ground reality of India’s quality of employment?<\/h5>\n

Low labour force participation rate (LFPR)<\/strong>: The LFPR in India is currently around 46%. So, for every 100 Indians of working age, a staggering 54 are not participating in the labour force. On the other hand, in 2021, the LFPR for Brazil was 58% and for all the OECD countries the ratio was 60%.<\/p>\n

Low female labour force participation<\/strong>: India’s female LFPR is just 19%. This is even lower than in Saudi Arabia.<\/p>\n

Youth unemployment<\/strong>: It has increased steadily. For instance, the ratio stood at 22% in 2019 and was 28% in 2021 as compared to 18% in 2010.<\/p>\n

Increase in farm employment<\/strong>: The PLFS indicates 46.5% of the labour force works in the agriculture sector today as compared to 42.5% in 2019. Agricultural employment increased by 3.4 crores while industry and services employment only grew by 93 lakh.<\/p>\n

Overall, India might be the only developing country that is pushing people back to agriculture.<\/p>\n

Decrease in salaried employment<\/strong>: Regular salaried employees have dropped from 24% in 2018-19 to 21% in 2020-21.<\/p>\n

More subsidy per job<\/strong>: The government plans to create around 8 lakh jobs over the next five years through the Production Linked Incentives schemes. Overall, the estimated cost of government subsidies will be Rs 2 lakh crore, amounting to Rs 25 lakh per job created. This is an enormous subsidy per job.<\/p>\n

The youth’s response to the army\u2019s Agnipath Scheme reinforces the failure of India’s job creation programmes.<\/p>\n\n\n\n
Read more: The employment-income crisis<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
What should be done to improve the quality of employment?<\/h5>\n

Government, private sector, and civil society must come together to find a sustainable way to create more and better jobs.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article\u00a0\u201cThe Great Jobs Hunt – Too few Indians are seeking work and mostly among those working quality of employment isn\u2019t great\u201d published in The Times of India on\u00a07th\u00a0November 2022. Syllabus: GS \u2013 3 \u2013 Employment. Relevance: About the quality of employment. News: India’s faster GDP growth does not… Continue reading The Great Jobs Hunt – Too few Indians are seeking work and mostly among those working quality of employment isn\u2019t great<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[216,10496],"class_list":["post-217450","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/217450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=217450"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/217450\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=217450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=217450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=217450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}