The Periodic Labour Force Survey for the January-March quarter of 2023 has revealed that the all India unempolyment rate has declined to 6.8 percent from 8.2 percent in the same quarter a year ago. The unemployment rate for males stood at 6 percent in Jan-Mar 23 (from 7.7 percent a year ago) and for females the rate was 9.2 percent (from 10.1 percent). The report was released yesterday by the...
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Poverty and inequality
KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
More »Women’s Work and Wages Continue at Abysmal Levels - Subodh Varma
Newsclick.in The share of women who are earning through work continues to remain shockingly low in India according to the latest data from the annual Periodic Labour Force Survey (PLFS) 2021-22 released last month. The report, compiled by the National Sample Survey Office (NSSO) under the ministry of statistics, also provides a glimpse of the unconscionable gap between the earnings of men and women. In rural areas, about 57% of men are...
More »Rural distress increased sharply as farm wages fell - Santosh Mehrotra
- Deccan Herald Covid-19 reverse migration of labour added to joblessness A rise in self-employment and unpaid family labour three years into the Covid-19 pandemic even as wage rates fell is an indication that rural distress has risen, the economist Santosh Mehrotra writes. Economic distress was on an upward trajectory even before the Pandemic and the sudden arrival of millions of reverse migrants in 2020 added to the stock of Unemployed people...
More »Jobless Numbers Are Touching 5 Crore -Subodh Varma
-Newsclick.in Labour force has still not recovered to pre-pandemic levels, according to CMIE. Latest estimates put the number of Unemployed in India at over 5 crore. This is just short of the heights reached during 2020, the first year of the pandemic, which saw recurring lockdowns and a shutdown of the economy. These estimates, made by the Centre for Monitoring Indian Economy (CMIE), are drawn from periodic sample surveys carried out by...
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