-The United Nations Private sector services, such as business and administrative services, and real estate, as well as related industries, will employ more than a third of the global workforce over the next five years, according to new data released by the United Nations labour agency. "Service sector employment will remain the most dynamic with respect to job creation in the next five years," said Raymond Torres, a head researcher of...

-Livemint.com Real wages have grown at an average 1% annually between 1983 and 2013 Industrial workers on the shop floor have got a raw deal through the economic boom of the past three decades. Their real wages have grown far less than the growth in productivity. That flies in the face of the traditional economic assumption that the two move in tandem. The share of wages in the net value added by...

-The United Nations An extra 10 million people worldwide are likely to be unemployed by 2019, a new United Nations report has said today, pointing to slower growth, widening inequalities and economic turbulence as reasons behind the trend. According to the World Employment and Social Outlook - Trends 2015 (WESO) report, released today by the International Labour Organisation (ILO), the next four years will see the total number of people out of...

-Business Standard The wide disparity between the best healthcare & quackery that much of the population must endure is partly to blame for India's apathy Whether Indians in ancient times discovered algebra and the Pythagoras theorem before "selflessly" passing them on to the Arabs and the Greeks as Science and Technology Minister Harsh Vardhan said last week is for agile historians to ponder. Widely accepted is that Indians in ancient times studied...

-The Hindu Economic diversification in rural India, involving the emergence and growth of non-agricultural activities, is considered an important means of increasing employment and per capita incomes, and improving standards of living. However, non-agricultural activities themselves are of various kinds differing in terms of productivity and the returns they yield. So while the development of some activities may point to rural dynamism, many others exist and grow because of the distress-driven...