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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...

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Unemployment rate rises to three-month high at 8 per cent in November: CMIE

-PTI/ The Telegraph Among the states, Haryana continued to have the highest unemployment rate in the country Mumbai: The country's unemployment rate rose to a three-month high at 8 per cent during November, according to data by the Centre for Monitoring Indian Economy (CMIE). The unemployment rate in urban India was higher at 8.96 per cent, while in rural areas, it was at 7.55 per cent, the CMIE data showed on Thursday. In October...

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Quality of work matters, and not just job creation

Contrary to the rising economic distress on the ground since the last few years, the official press release related to the fourth Annual Report on the Periodic Labour Force Survey (PLFS) at first glance seems to give a rosy picture about the employment situation in India.  Defined as the percentage of persons unemployed among the persons in the labour force, the unemployment rate in usual status (principal activity status + subsidiary economic activity status)...

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joblessness below pre-COVID levels: Finance Ministry

-The Hindu Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says Demand for work under the national rural employment guarantee scheme hit a two-year low in August, signalling that the recovering economy is creating more jobs in rural as well as urban India, the Union Finance Ministry said on Saturday.    India’s inflation, the Ministry said, is “in control” and expected to moderate...

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Urban jobless rate in 7 states, J&K acutely high -Surya Sarathi Ray

-Financial Express Pan-India unemployment down since the second wave of Covid-19. Even as there has been a steady decline in urban unemployment since the highly infective second Covid wave, joblessness in seven states of Rajasthan, Bihar, Kerala, Uttarakhand, Odisha, Chhattisgarh and Himachal Pradesh, besides Union Territory of Jammu and Kashmir, remained at very high levels, as per the periodic labour force survey (PLFS) data. These states, where unemployment has consistently been higher than...

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