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Unemployment Rate in India: Nearly 31 million Indians are jobless

-The Times of India The number of job-seeking people in India has always been on a high. As per information available on the official website of the Centre for Monitoring Indian Economy (CMIE), there are currently nearly 31 million unemployed Indians looking for jobs. CMIE is a board that tracks business and economic data of the country. It was noted that in the week ended on February 25, the unemployment rate increased...

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What does corporate data tell us about job growth in India? -Tadit Kundu and Pramit Bhattacharya

-Livemint.com Corporate job growth has recovered over the past couple of years but the pace of job creation remains lacklustre The promise of creating new jobs helped Narendra Modi and his Bharatiya Janata Party (BJP) win a historic victory in the 2014 general elections. With a year left for the next general elections, Modi and his government find themselves under fire from opponents for what they perceive to be a failure to...

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Job Growth Plummets, Says New Govt. Report -Subodh Varma

-Newsclick.in Manufacturing sector loses 87,000 jobs in Apr-Jul 2017. The latest Quarterly Employment Survey (QES) Report released by the govt.’s Labour Bureau reveals that just 64,000 jobs were added in eight selected sectors during April-July 2017 down by 65% compared to the previous quarter. Compared to the base level estimate of total employment of 205.22 lakh as on 1 April 2016, the Indian economy has added 4.8 lakh jobs in 15...

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India's jobless growth is not a myth -Mahesh Vyas

-Livemint.com If we do not recognize the problem on hand, we will not have any reason to try and find solutions India’s jobless growth is a myth, stated R. Gopalan and M.C. Singhi in an opinion piece in Mint on 19 December. They used data published by the Labour Bureau from their employment-unemployment surveys between 2009-10 and 2015-16. These were the first and last surveys conducted by the Labour Bureau on the...

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A Response to NITI Aayog's Rajiv Kumar on Seasonality and Job Losses After Demonetisation -Mahesh Vyas

-TheWire.in Mahesh Vyas of the Centre for Monitoring Indian Economy (CMIE) responds to the NITI Aayog vice-chairman’s dismissal of CMIE’s research on unemployment in India. In an interview with Karan Thapar for The Wire, NITI Aayog’s vice chairman, Rajiv Kumar, has been dismissive about CMIE-BSE unemployment statistics. He says that I had no answer to chief statistician T.C.A. Anant’s question on seasonal adjustment of unemployment data. This is an incorrect description of...

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