-The Telegraph The latest unemployment rate is similar to the post-lockdown figure of 8.35 per cent recorded by the research firm around this time last year Nearly 19 lakh people lost jobs in August with the manufacturing sector the worst affected, according to the latest employment data released by a private research firm. The Centre for Monitoring Indian Economy (CMIE) figures show that the unemployment rate had climbed to 8.32 per cent in...
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Latest available PLFS data sheds light on unpaid helpers in self-employment & underemployment among various types of workers
Generally, economists refer to indicators like Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) and Unemployment Rate (UR) in order to assess the extent of joblessness and work related precarity at a particular period of time in a certain geographical area. However, there are other indicators too, which can help in understanding the job situation, livelihoods security and vulnerability of workers in a better way such as 'percentage distribution...
More »1.5 million people lost jobs in August as unemployment rises -Prashant K Nanda
-Hindustan Times According to the Centre for Monitoring Indian Economy, the number of the employed fell from 399.38 million in July to 397.78 million in August, with nearly 1.3 million job losses in rural India alone. Over 1.5 million people from both the formal and informal sectors lost their jobs in August, reversing some of the gains made in July, as the unemployment rate rose in rural and urban India. According to the...
More »'Win for middle-class’: Smiles & laddoos for all at Emerald Court after SC Supertech order -Tanushree Pandey
-ThePrint.in Supreme Court Tuesday ordered the demolition of two under-construction towers at Supertech's Emerald Court complex, ruling them illegal and against residents' rights. Noida: “Come have laddoos, we won today.” Anyone entering Supertech Emerald Court at Noida’s Sector 93 Tuesday was greeted by Resident Welfare Association (RWA) members with these words, and big smiles. It was a day of victory for them indeed. After a nine-year fight against real estate major Supertech —...
More »Q1 GDP: Trade, hotel and transport segment clocks 34.3% growth in Q1 -Shreeja Singh
-Moneycontrol.com The sector entered the positive terrain after declining for four quarters in 2020-21. Trade, hotel, transport, communication and services related to broadcasting reported a growth in the first quarter of FY22 as per the data released by National Statistical Office (NSO). Trade, hotel, transport, communication & services related to broadcasting clocked a growth of 34.3 percent in the April-June quarter. Please click here to read more. Kindly click here to access the press note...
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