-The Times of India NEW DELHI: Joblessness in India is running at a five-year high of 5% of the 15-plus-years work force. Over a third of working people are employed for less than a year and 68% of households are earning up to only Rs 10,000 per month, according to a new employment-unemployment (EU) survey report conducted by the Labour Bureau. Over 7.8 lakh persons in 1.6 lakh households were surveyed across...
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Joblessness rises to 5-year high -Somesh Jha
-The Hindu Female unemployment rose to 8.7% in 2015-16 from 7.7% a year earlier Jobless economic growth continues to haunt India's youth, with the country’s unemployment rate rising to a five-year high of five per cent in 2015-16, according to the latest annual household survey on employment conducted by Labour Bureau. India’s economy grew 7.1 per cent in the first quarter of 2015-16, slowing from 7.9 per cent a year earlier. The country’s...
More »Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, speaks to Outlook
-Outlook Deputy director, ILO Decent Work Team for South Asia and Country Office for India, Sher Singh Verick on India’s high but “Jobless” growth mystery Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, strives to unravel India’s high but “Jobless” growth mystery. Excerpts from an e-mail interview: * On high growth, low jobs Economic growth through investment, consumption and exports generally results in more jobs,...
More »The Great Job Chase -Lola Nayar
-Outlook FDI’s up, so is GDP. And yet the demographic dividend lies untapped. Here’s why. Blame it on global or domestic scenario, but the Modi government’s promise of ending a decade of Jobless growth during the UPA regime is yet to deliver. This is despite a higher economic growth and over 50 per cent rise in FDI inflow in the last two years. “To break away from the Joblessness, we need a structural...
More »Gujarat: 3.57 crore Jobless, 3.57% of them want work -Himanshu Kaushik
-The Times of India Ahmedabad: Of the state's 6.04 crore people, nearly 3.57 crore do not work. Most of those who don't hold a job handle household duties. These numbers emerge from the data of 2011 census. Data indicates that job seekers account for only 3.57% of the 3.57 crore non-working population of Gujarat. Thus the state has the lowest number of job seekers, in terms of percentage, in the country. According to...
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