-Livemint.com A Mint analysis suggests that the CMIE figures should not be considered a proxy for the official unemployment and labour force participation rates As the country went under lockdown, and everything, including the collection of statistics, came to a halt, analysts and economists were left scrambling for data to seize up just how badly the economy was doing. One dataset that has come to the rescue is the nationally representative employment-unemployment...
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It’s raining jobs in rural India as farm economy opens up -Prashant K. Nanda
-Livemint.com * Increased government spending on the rural jobs programme has also aided returnee migrants * The urban job loss rate fell nearly 2 percentage points to 11.19% in the week ended 21 June over the previous week The timely arrival of the monsoon has given a much-needed boost to rural employment, absorbing thousands of migrant workers who have returned to their rural homes in seasonal farm jobs. The rural unemployment rate continued to...
More »How covid-19 locked out women from jobs -Rukmini S
-Livemint.com From an already low base, women’s employment has fallen further, and a recovery will be difficult A clutch of early studies on the impact of the lockdown on employment is showing that women’s employment could be particularly badly hit. Given India’s record low female workforce participation rates, growing child care demands, and a looming recession, researchers fear that women could be increasingly shut out of the productive economy. To estimate the impact...
More »Urban unemployment up, rural picture better -Basant Kumar Mohanty
-The Telegraph Seasonal sowing, MGNREGA boost prospects The grim employment scenario in urban India got aggravated while the rural sector showed some improvement in the last week of May, with researchers attributing the uptick in the villages to seasonal sowing activities and increase in work under the MGNREGA while calling the overall condition critical. Data released by private research group Centre for Monitoring Indian Economy (CMIE) show that the unemployment rate for the...
More »One in every four in rural India unemployed, urban joblessness at 1-month low -Prashant K Nanda
-Livemint.com * Rural unemployment rate has been growing for the last couple of weeks despite rural economy opening up gradually * Economists believe despite the opening up of the economy, it will take time for unemployment situation to come back to the pre-covid time NEW DELHI: India’s rural unemployment rate climbed to 25.09% in the week ended 24 May from 22.79% in the previous week, while urban unemployment rate declined by over four...
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