10.5 mn salaried workers, entrepreneurs lost jobs in Dec: CMIE
The salaried class saw a loss of 9.5 million jobs, while another 1 million jobs were lost among entrepreneurs.
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Towards a new economic geography for states
There is a pressing need to revisit the dynamics of an urban-biased, economic geography to bring the focus back on developing more proximate economic hotspots within states.
A deep contractualisation of the workforce
The current crisis presents an opportunity to look at the seriousness of structural concerns present in our existing labour-market
Unemployment rate spikes post lockdown
March recorded the highest unemployment rate in 43 months, according to data from the Centre for Monitoring Indian Economy.
Covid-19: The exodus of migrant labourers
Migrant labourers in Delhi and the National Capital Region are leaving in the thousands for their native places with the 21-day lockdown putting them out of work.
Covid-19: It’s an economic tsunami
More financial pain is on the way as businesses curtail investment and savings evaporate of people across the world. Unemployment is set to rise in the coming days.
'Women entrepreneurs can help create millions of jobs'
Accelerating women-led businesses can generate 150-170 million jobs, says a report. But unlocking entrepreneurship among women in India is a complex effort, it adds.
Urban unemployment rate rises to 9.7% in January
CMIE managing director and CEO Mahesh Vyas says though rural unemployment rate has fallen, the quality of jobs both in urban and rural India is deteriorating.
Indian workers: Economic slowdown’s worst casualties?
High unemployment combined with a declining real wage rate in a labour-surplus nation will continue to impose negative effects on components of growth.
Salaries in India to rise 10% in 2020: Report
But only 22% of organisations in India plan to add new headcount in 2020, as compared to 29% in 2019, says Willis Towers Watson India survey.
