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Two joblessness narratives in India from two large-scale surveys -Sriharsha Devulapalli and Pramit Bhattacharya

-Livemint.com A Mint analysis suggests that the CMIE figures should not be considered a proxy for the official unemployment and Labour Force Participation Rates As the country went under lockdown, and everything, including the collection of statistics, came to a halt, analysts and economists were left scrambling for data to seize up just how badly the economy was doing. One dataset that has come to the rescue is the nationally representative employment-unemployment...

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Budgeting for jobs, skilling and economic revival -Ram Singh

-The Hindu The Budget needs to provide direction to India’s tottering economy and a boost to aggregate demand and investment The forthcoming Union Budget will determine whether India’s economic engine gets the steam needed for a rebound, or the current economic situation becomes even worse. Not just the future of the economy, the future of the country’s youth depends on the Budget. The unemployment rate at 6.1% (Financial Year 2017-2018) is the highest...

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Skills study: Over next 5 years, just 1 in 5 entrants to labour force a woman -Aanchal Magazine

-The Indian Express While the NSO’s Periodic Labour Force Survey (PLFS) 2017-18 had estimated female Labour Force Participation Rate for 15 years and above at 23.3 per cent, the comparative numbers of other countries highlight the labour market’s gender skew. Just one out of five persons — in the 15-30 years age bracket — entering the labour force is expected to be a female in the five years ending 2023, when...

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Jobless growth becomes more systemic -KP Kannan & G Raveendran

-The Hindu Earlier confined largely to the organised sector, it has now spread to other areas, as revealed by the latest survey results The findings of the latest employment survey, called the Periodic Labour Force Survey (2017-18), are a cause for concern as the scenario is still far from anything that would denote decent employment. The two biggest issues here are: the shrinking share of the labour force; and the rising unemployment. The...

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