-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...
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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 »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 »New economic numbers set alarm bells ringing -KR Srivats
-The Hindu Business Line Q4 GDP growth is at 5.8%; joblessness is highest in 45 years Four different macroeconomic data points released on Friday — GDP growth, fiscal deficit, UNEMPLOYMENT numbers and core sector data — brought to the fore the enormous challenges the Modi 2.0 team faces in resurrecting the faltering economy and restoring the confidence of investors. The four macro data points — albeit for different periods — present a less-than-optimistic...
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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