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LATEST NEWS UPDATES | The recent QES estimates are unreliable -R Nagaraj and Radhicka Kapoor

The recent QES estimates are unreliable -R Nagaraj and Radhicka Kapoor

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published Published on Oct 7, 2021   modified Modified on Oct 7, 2021

-The Hindu

The analysis is fraught with caveats and the interpretation of the survey results calls for caution

Last week, the Ministry of Labour and Employment released the results of a new Quarterly Employment Survey (QES) for April-June 2021 for the organised (formal) sector. It represents establishments (or units) employing ten or more workers. The surveyed sectors were manufacturing, construction, trade, transport, education, health, accommodation and restaurant, Information Technology/Business Process Outsourcing (IT/BPO), and financial services. The survey reported the following. First, “It is heartening to note that the estimated total employment in the nine selected sectors from the first round of QES works out as 3 crores and 8 lakhs approximately against a total of 2 crores and 37 lakhs in these sectors taken collectively, as reported in the Sixth Economic Census (2013-14), implying a growth of 29%.” Secondly, employment fell from 3.078 crore before the first nationwide lockdown in March 2020 to 2.848 crore post the lockdown on July 1, 2020. Thus, the report showed that 24 lakh jobs lost during the lockdown in 2020 came back by the first quarter of 2021.

The new QES is a welcome step as it will help generate timely employment estimates for the larger units. However, the above analysis is fraught with caveats and the interpretation of the survey results calls for caution.

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The Hindu, 7 October, 2021, https://www.thehindu.com/opinion/op-ed/the-recent-qes-estimates-are-unreliable/article36867958.ece?homepage=true


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