-The Indian Express The PLFS, however, said “compared to the quinquennial rounds, in 2017-18 the Unemployment Rates in both usual status (ps+ss) and CWS were higher for both males and females”, but added that the figures have to be read with explanatory note for comparability. New Delhi: The country’s Unemployment Rate stood at 6.1 per cent in 2017-18, the Periodic Labour Force Survey (PLFS) report which was withheld earlier and released...
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Is 'Right to Work' More Important Than 'Minimum Income Guarantee'? -Dunu Roy
-TheWire.in Various remedies are being suggested to tackle the growing rate of unemployment, but are they in tandem with the needs of the workers? Two issues were concealed under the din of elections. The first is the depth of the agrarian crisis with rising costs, falling prices and diminishing livelihoods. The second is the declining rate of employment in urban India, even within the informal sector, and the tumult among the youth...
More »India's economy: broad hints of causes for worry
-The Telegraph Inflation and a poor monsoon may add to our woes in an economy already plagued with high unemployment and low demand The ministry of commerce has released the latest data on wholesale price index inflation. The data on food inflation have attracted attention as it soared to a 33-month high in April 2019. However, this rate of inflation is still moderate at 7.4 per cent. The inflation has been due...
More »A Simmering Unemployment Crisis in India -Shaguna Kanwar
-TheWire.in Amongst all the criticism, the Centre has been tight-lipped about employment data post demonetisation. The issue of ‘unemployment’ is being widely discussed across India. The National Sample Survey Office (NSSO) data for 2017–2018 says that the Unemployment Rate hit 6.1%, the highest in 45 years. Even the opposition has intensified its criticism of the present government, which had promised to create 2 crore jobs each year. In a recent interview, in response...
More »Meanwhile, on the Jobs Front -Subodh Varma
-Newsclick.in Latest CMIE data shows that Unemployment Rate continues to steadily climb up even as PM Modi and his party try to divert attention by talking about air strikes and ‘national security’. If ever there was a case of “Nero fiddling while Rome was burning” then India today is the best example. The country is going through one of its worst jobs crisis, well documented by several surveys and confirmed by reports...
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