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 »SEARCH RESULT
Jobless and losing hope: The downturn of India's workforce -Kunal Kumar Kundu
-Deccan Herald The triumvirate of structural, cyclical and policy implementation challenges all have a role to play in this undesirable outcome While India’s unemployment challenge has assumed a worrying proportion and is now being looked at as the most important headwind for the prospect of post-pandemic economic recovery, it was a long time in the making. The triumvirate of structural, cyclical and policy implementation challenges all have a role to play in this...
More »Low Incomes Haunt India’s Growth -Subodh Varma
-Newsclick.in Three transformative steps could dramatically change this dire situation – provided Modi Govt. has the will to take them. Wage growth of households has declined from 8.2% in 2012-2016 to 5.7% in 2017-2021, according to a fresh study by a ratings agency. It will actually be even lower – around 1% - if inflation is taken into account. This slowing down of wage growth has happened in both rural and urban...
More »50 million people worldwide in modern slavery
-Press release by International Labour Organisation dated 12 September, 2022 Latest estimates show that forced labour and forced marriage have increased significantly in the last five years, according to the International Labour Organization, Walk Free and the International Organization for Migration. GENEVA (ILO News): Fifty million people were living in modern slavery in 2021, according to the latest Global Estimates of Modern Slavery. Of these people, 28 million were in forced labour...
More »One agricultural labourer died by suicide every two hours in 2021
-Down to Earth 29% increase in suicides by farm labourers from 2019 The National Crime Record Bureau has released an alarming statistic. An agricultural labourer died by suicide every two hours and a total 1,64,033 people died of suicide in India in 2021. The number amounts to 5,563 suicides by farm labourers, which is a 9 per cent increase from 2020 and a 29 per cent increase from 2019. The highest numbers were recorded...
More »