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Only Half of World's Workers Hold Jobs Corresponding to Their Education: ILO Report -Ditsa Bhattacharya

-Newsclick.in In high and upper-middle-income countries, around 20% of all employed are overeducated; the corresponding share for lower-middle-income countries is around 12.5%, while in low-income countries it is less than 10%. Only half of the workers worldwide hold jobs corresponding to their level of education, according to a recent report by the International Labour Organization (ILO). The report pointed out that many people are working in jobs that do not match their...

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Southern states had a higher proportion of indebted farm households in 2019, shows NSO survey

The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...

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Growing Distress and a Falling Unemployment Rate: What is going on in the Labour Market? -Ishan Anand and Anjana Thampi

-TheIndiaForum.in The Periodic Labour Force Survey for 2019-20 has thrown up some unusual and contradictory patterns in employment and unemployment. However, the trends in the Labour Market over three years of the PLFS from 2017-18 onwards are clear and cause for worry. The pandemic has had a disastrous impact on lives and livelihoods. The national lockdown of March–May 2020 will be remembered for its devastating neglect of migrant workers and the unprecedented,...

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Latest available PLFS data sheds light on unpaid helpers in self-employment & underemployment among various types of workers

Generally, economists refer to indicators like Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) and Unemployment Rate (UR) in order to assess the extent of joblessness and work related precarity at a particular period of time in a certain geographical area. However, there are other indicators too, which can help in understanding the job situation, livelihoods security and vulnerability of workers in a better way such as 'percentage distribution...

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Do PLFS numbers underestimate the pain of lockdown? -Ishan Anand and Anjana Thampi

-Hindustan Times The PLFS survey covers the July-June period rather than a fiscal or calendar year. So, when NSO released the 2019-20 PLFS report last month, this was supposed to be the first official record of what happened to Labour Markets during last year’s lockdown. The Periodic Labour Force Survey (PLFS), conducted by the National Statistical Office (NSO), is the official source of employment and earnings data in India. PLFS numbers are...

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