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Unemployment rate dips to 7.6 per cent in April-June 2022: NSO survey

-PTI/The Telegraph Joblessness rate is defined as the percentage of unemployed persons among the labour force The unemployment rate for persons aged 15 years and above in urban areas dipped to 7.6 per cent during April-June 2022 from 12.6 per cent a year ago, the National Statistical Office (NSO) said on Wednesday. Joblessness or unemployment rate is defined as the percentage of unemployed persons among the labour force. Joblessness was high in April-June 2021...

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Our employment data should be interpreted cautiously -Himanshu

-Livemint.com This is the fourth report in the PLFS data series and offers information on both employment and unemployment for rural as well as urban areas. Earlier this week, India’s ministry of statistics and programme implementation released the annual report of the Periodic Labour Force Survey (PLFS) for the reference period July 2020 to June 2021. This is the fourth report in the PLFS data series and offers information on both employment...

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The poor are bearing the brunt of inflation -Krishna Raj

-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...

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Covid mismanagement worsened unemployment problem -Santosh Mehrotra

-Deccan Herald What the 2020 annual Periodic Labour Force Survey data reveals is that the situation remains grim The Covid-19 pandemic has only worsened what was already a Joblessness crisis in early 2020. The third annual labour force survey (2019-20) by the National Sample Survey Office (NSSO), covering the period till June 30, 2020, told a grim story. Earlier, the NSSO had in 2017-18 reported that open unemployment had reached a 45-year...

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Economic Crisis Deepens, Hate And Violence Rises -Subodh Varma

-Newsclick.in Religious bigotry and violence are meant to distract people from questioning sweeping unemployment, sky-high prices and faltering incomes. If you go by Sarkari views, India's economy is on an upward bounce after the devastation caused by the Covid pandemic. But, in reality, there is ever-widening discontent because of the inability of the government to rein in prices of essential items, its complete neglect of job creation and low incomes that are...

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