{"id":261665,"date":"2023-09-25T21:16:46","date_gmt":"2023-09-25T15:46:46","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=261665"},"modified":"2023-09-27T14:48:43","modified_gmt":"2023-09-27T09:18:43","slug":"the-job-question-on-unemployment-data","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/the-job-question-on-unemployment-data\/","title":{"rendered":"The Job Question \u2013 on unemployment data"},"content":{"rendered":"\n

Source:<\/strong> The post is based on the article \u201cThe Job Question<\/strong>– An extensive study finds troubling facts hidden in good headline employment numbers\u201d published in \u201cTimes of India\u201d on 25th September 2023.<\/p>\n

Syllabus:<\/strong> GS3- Economy- Employment<\/p>\n

News:<\/strong> This article says India\u2019s economy recovered well after the pandemic with a 9.1% rise in GDP. But, jobs, especially for women and young graduates, didn\u2019t see the same recovery. Many women are in unpaid, self-employment roles. Youth unemployment is high, especially for educated people, suggesting many jobs are not quality. The article suggests this issue needs attention for India\u2019s future development.<\/p>\n

How has India\u2019s economy recovered?<\/strong><\/h2>\n

Economic Recovery<\/strong><\/p>\n

India\u2019s GDP rose 9.1% in 2021-22, marking a sharp recovery and surpassing pre-Covid levels to \u20b9149.25 lakh crore.<\/p>\n

Employment Trends<\/strong><\/p>\n

The unemployment rate fell to 6.6% in 2021-22, over two percentage points lower than 2019-20, showing increased employment post-Covid.<\/p>\n

Employment data showed an increase in both men and women working post-Covid.<\/p>\n

Women\u2019s Employment<\/strong><\/p>\n

While more women are working, many are in self-employment and unpaid roles, indicating a structural deterioration in job quality for women.<\/p>\n

Youth Unemployment<\/strong><\/p>\n

The unemployment rate for educated youth is over 20% until the age of 29, highlighting the lingering issue of job scarcity and quality for the young population.<\/p>\n

Why addressing employment issues crucial for India\u2019s development?<\/strong><\/h2>\n

Importance of Women\u2019s Employment: <\/strong>Addressing women\u2019s employment is crucial as many are relegated to self-employment and unpaid work, reflecting structural deterioration in women’s job quality.<\/p>\n

Youth Unemployment Concerns: <\/strong>Addressing this issue is vital to harness the potential of the young population.<\/p>\n

Economic Stress: <\/strong>The 2% lower inflation-adjusted monthly earnings in 2021-22 compared to 2017-18 signal underlying economic stress, necessitating attention to job quality and opportunities.<\/p>\n

Contribution to Development: <\/strong>Addressing these employment concerns is indispensable for leveraging the contribution of women and the youth, critical components for propelling India towards becoming a developed economy.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article \u201cThe Job Question– An extensive study finds troubling facts hidden in good headline employment numbers\u201d published in \u201cTimes of India\u201d on 25th September 2023. Syllabus: GS3- Economy- Employment News: This article says India\u2019s economy recovered well after the pandemic with a 9.1% rise in GDP. But, jobs,… Continue reading The Job Question \u2013 on unemployment data<\/span><\/a><\/p>\n","protected":false},"author":10320,"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":[216,8184,10496],"class_list":["post-261665","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-indian-economy","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":{"total":2,"cached_at":"","cached_date":1698182728},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/261665","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\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=261665"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/261665\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=261665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=261665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=261665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}