Unemployment rate drops to 6.4% in Sept; lowest in 4 yrs
The jobless rate fell in both urban and rural parts of the country, thanks to the addition of new jobs during September 2022.
employment
October 2022
August 2022
July 2022
June 2022
April 2022
Young Indians give workforce a miss
A substantial portion of India's younger working-age population is opting to stay students as the existing workforce progressively grows older.
‘Job-loss’ growth needs a dedicated employment policy
With millions dropping out of workforce, India needs an employment policy and planning to generate new jobs, besides identifying and filling vacancies in central PSUs, PSBs and other of its entities
How did employment improve during Covid?
Contrary to visible evidence and numerous studies, PLFS 2020-21 says employment rate (WPR) and labour participation (LFPR) went up and unemployment rate (UR) went down during July 2020-June 2021
Employment in June lowest in the last 12 months: CMIE
While about 13 million lost jobs during the month, the count of the unemployed increased by only 3 million.
Working On Your Own Terms
Work for eight months a year or 12 hours a week, or be a part-time CMO or CFO — flexible employment models are becoming efficient retention tools for India Inc.
Indian economy’s great dichotomy: Labour shortage amidst job losses!
The trauma of distress migration of 2020, low wages, lack of social security and support systems in urban areas have combined to reduce the return of migrant workers to urban centres.
Formal sector jobs rise 0.45 million in Dec quarter
Manufacturing accounted for the highest share in employment among major formal sectors, followed by education, IT/BPOs, health, trade, and transport.
4.9 mn at risk of being jobless in FY23
The estimated GDP growth of 7.5% for FY23 is likely to create 6 million jobs, which is grossly insufficient, claims CMIE.
Agriculture defies pandemic pains with high growth, new jobs
Over the past three years, agriculture has added 11 million jobs while the rest of the economy lost 15 million.
