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.
unemployment in india
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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.
‘Inequality has grown enormously everywhere’
In a conversation earlier this year, Banerjee spoke to Fortune India about a host of economic issues, including the performance of Modi 1.0.
IT majors up hiring by 300% in FY19
TCS and Infosys together hired over 50,000 employees in 2018-19, up from 11,000 in the previous year.
Five million men lost their jobs post demonetisation: report
The report says the “beginning of the decline in jobs” coincided with the Modi government’s demonetisation move in November 2016, although “no direct causal relationship can be established”.
Wanted: Jobs for Indians
The country is facing a grave unemployment and underemployment crisis and it’s only likely to become worse.
