The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...
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Migration from factories to farms, a sign of distress -Mahesh Vyas
-Business Standard The government's Periodic Labour Force Survey (PLFS) report shows a sharp increase in employment in agriculture from 42.5% of the total employment in 2018-19 to 45.6% in 2019-20 The reverse migration of labour from factories to farms that CMIE’s Consumer Pyramids Household Survey has been chronicling for long is also reflected in the government’s Periodic Labour Force Survey. The latest PLFS report shows a sharp increase in employment in agriculture...
More »Less Jobs, Even Lesser Income Crushing People’s Lives -Subodh Varma
-Newsclick.in Besides the dire jobs situation, what is even more distressing is falling income from surviving jobs. People in India are in the grip of a severe income crisis brought on by myopic government policies and aggravated by mismanagement of the pandemic. Part of this economic collapse is because the absolute number of jobs has shrunk. Another part – not much talked about – is because of low incomes from existing jobs. This...
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-The Telegraph Trying to make labour force survey results look artificially attractive by the government may only be an attempt at self-deception The latest Periodic Labour Force Survey data for July 2019 to June 2020 released by the Central government shows a rise in the labour force participation rate and a fall in the unemployment rate even when the economy registered a sharp deceleration in the rate of growth. This is surprising...
More »Growth matters but income levels matter more -M Suresh Babu
-The Hindu India needs a sharp revival of demand for which higher per capita incomes are necessary The provisional estimates of annual national income (2020-21), released on May 31 by the National Statistical Office, did not have any surprises, but for one, that is, there is nothing encouraging in the numbers. The agriculture sector continued its impressive growth performance, reiterating that it still remains as the vital sector of the economy, especially at...
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