-PTI/ The Hindu Business Line The survey showed that food security could be at risk over the next three years A global recession is becoming increasingly likely due to stubbornly high inflation and real wages continuing to fall, the World Economic Forum said on Wednesday, citing a survey of chief economists from across the world. According to the WEF Chief Economists Outlook report, real wages are expected to continue falling across the world...
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Employment in nine selected sectors grew by 4 lakh in Q4 FY22 -Surabhi
-The Hindu Business Line Employment increased by about four lakh in the January to March 2022 quarter as against the previous quarter in nine selected sectors of the economy. The Fourth Round of Quarterly Employment Survey (QES) by the Labour and Employment Ministry revealed that the estimated employment increased to 3.18 crore in the fourth quarter of 2021-22 in the selected sectors as compared to 3.14 crore in the third quarter of...
More »Quality of work matters, and not just job creation
Contrary to the rising economic distress on the ground since the last few years, the official press release related to the fourth Annual Report on the Periodic Labour Force Survey (PLFS) at first glance seems to give a rosy picture about the employment situation in India. Defined as the percentage of persons unemployed among the persons in the labour force, the unemployment rate in usual status (principal activity status + subsidiary economic activity status)...
More »Dropping out: Editorial on India Discrimination Report 2022
-The Telegraph The women’s labour force participation rate, which measures the proportion of women in the age group of 15 to 64 who are working or are actively seeking work, has been estimated to be 25.1 per cent India Discrimination Report 2022 has been recently published by Oxfam. The data used in this report are drawn from the National Sample Survey, Periodic Labour Force Survey, and the All India Debt and Investment...
More »Trends in Economic Inequality in India -Maitreesh Ghatak, Ramya Raghavan and Linchuan Xu
-The India Forum There has been an increase in economic inequality in India over the past few decades, with the rich-poor gaps among the largest of several peer economies. Household surveys show that alongside the slowdown of growth in recent years, there appears to have been some decrease in inequality. 1. Introduction Popular discussions on inequality in India receive periodic attention with the annual publication of reports by the World Inequalities Database (WID),...
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