-Newsclick.in Unemployment is estimated at 9.35% in 2019 by CMIE, far worse than the PLFS/NSSO estimate of 6.1% for 2017-18. Finally, the government has released the suppressed report on unemployment, now that elections are done and dusted with. Meanwhile, joblessness has worsened dramatically with an estimated 4.17 crore people unemployed, according to another recent report of the CMIE (Centre for Monitoring Indian Economy), based on a similar sample survey. The government had directed...
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It's now official: Joblessness rises with education level -Surojit Gupta
-The Times of India NEW DELHI: Only 2.1% of illiterate urban men were unemployed in 2017-18, but 9.2% of men with at least secondary education didn’t have a job. The gap was even wider among urban women — 0.8% of those uneducated were jobless whereas 20% women with secondary or higher education were not employed. The Periodic Labour Force Survey (PLFS) released by the National Statistic Office (NSO) on Friday shows the...
More »GDP growth slumps to 5.8% -Yuthika Bhargava
-The Hindu Slowdown in the economy was led by sluggish growth in the agriculture, forestry and fishing sector (2.9% growth), the mining sector (1.3% growth) and manufacturing (6.9%). India’s GDP grew at 5.8% in the January-March 2019 quarter, dragging down the full year growth to a five-year low of 6.8%. The unemployment rate in the country rose to a 45-year high of 6.1% in 2017-18, as per official data released on the...
More »FY18 unemployment level is high but not comparable with previous surveys: NSO -Asit Ranjan Mishra
-Livemint.com * NSO says the change in criteria from monthly per capita expenditure to education levels has direct implications on the comparability of the results * Official data suggests unemployment rate rose to 45-year high of 6.1% in FY18 A day after the Narendra Modi government took oath of office for its second term, the National Statistical Office (NSO) on Friday formally released the leaked annual Periodic Labour Force Survey (PLFS), which showed...
More »Joblessness at 45-year high, but NSO adds a caveat
-The Times of India NEW DELHI: A little over 6% of India's labour force was unemployed in 2017-18, the latest year for which government released data on Friday. The unemployment rate is identical to the rate mentioned in a report leaked in January this year, which had showed unemployment to be at a 45-year high. The leaked report had triggered a major controversy, with the opposition parties slamming the government for its...
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