News-Pandemic has led to dramatic increase in employees working remotely particularly in white collar jobs. What are the other changes to the work models? With the normalisation of work from home model, companies have also started providing work contracts and complementarity flexibilities. It means they are offering different combinations of flexi-work and financial security and medical benefits s per the combination. For instance, HUL has launched ‘U-Work’… Continue reading “Future of jobs: Modernised labour market require social security”
Tag: Unemployment
India’s new employment policy ought to focus on young adults
What is the News? Research has been conducted to study the employment data in India, for which it used the findings of India’s Periodic labor Force Data survey, National Sample Survey Organization. What are the findings of the research? Farm Employment: A sharp decline was seen in the farm works among young adults. Less than… Continue reading India’s new employment policy ought to focus on young adults
The many questions arising from QES data
Synopsis: The first quarter data of QES talks about different employment statistics Introduction Recently, the Labour Bureau has released the results of the All-India Quarterly Establishment-based Employment Survey (QES) for the first quarter of 2021 (April to June). The Sixth Economic Census serves as the basis of the QES survey. The survey covers establishments employing 10… Continue reading The many questions arising from QES data
India’s informal economy: Challenges and solutions – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction The majority of the urban population across the world makes its living from the informal economy. According to one report published by the ILO in 2018, more than 2 billion people – almost 61% of the world’s employed population – were dependent on the informal economy. In some countries, this proportion… Continue reading India’s informal economy: Challenges and solutions – Explained, pointwise
The recent QES estimates are unreliable
Synopsis: New Quarterly Employment Survey, its key findings, various challenges associated with the survey and the way forward Introduction Recently, the Ministry of Labour and Employment released the results of a new Quarterly Employment Survey (QES) for April-June 2021 for the organized (formal) sector. It represents establishments employing ten or more workers. The surveyed sectors were manufacturing, construction,… Continue reading The recent QES estimates are unreliable
The motherhood penalty employers must eliminate
Synopsis: Government intervention is needed to bring women equal to men. Introduction Women in India often faced a lot of discrimination owing to the patriarchy. It does not only impact her social life but takes a toll on her professional one also. What is the status of women in India? The gender gap in India has… Continue reading The motherhood penalty employers must eliminate
What the continued distress in informal labour market says
Synopsis: Status of informal sector in India, distress faced by them mainly during the Covid-19 pandemic and various impacts of the sustained divergence between the formal and the informal labour force. Introduction Recently released economic data suggests that the Indian economy has emerged from the second wave of the pandemic better than expected. Two broad… Continue reading What the continued distress in informal labour market says
A jobs problem: Labour data in India is lagged and patchy. But supply-demand mismatch is still clear
What is the news? Recently, GOI unveiled a quarterly report on employment for April-June, which estimates the labour demand of nine handpicked non-farm sectors by surveying establishments with 10 people or more. What has been the job market trend in India? India’s economy has been slowing down since 2017-18. Three successive years of dropping GDP… Continue reading A jobs problem: Labour data in India is lagged and patchy. But supply-demand mismatch is still clear
Jobs increased by 29% since 2013, says survey
What is the News? The Labour Bureau, which works under the Ministry of Labour, has released findings from the All-India Quarterly Establishment-based Employment Survey. About All-India Quarterly Establishment-based Employment Survey(AQEES) AQEES has been taken up by the Labour Bureau to provide frequent (quarterly) updates about the employment and related variables of establishments, in both organised… Continue reading Jobs increased by 29% since 2013, says survey
When global firms disengage, employment suffers
Synopsis: Permanency of large foreign firms operating for decades is slowly on the decline. That is why, domestic capital formation and private investments should step in. Introduction The most recent labour statistics, for August 2021, released by the Centre for Monitoring Indian Economy (CMIE) shows that the unemployment rate has increased from around 7% in… Continue reading When global firms disengage, employment suffers
A Job to do: On unemployment in India
Synopsis: Employment opportunities need to expand in areas where labour is deployed to deliver higher productivity for enterprise and higher returns to labour. Introduction India’s unemployment rate in August was 8.3 per cent and, it signifies very high unemployment rates. What are some concerns regarding unemployment in India? High unemployment rate: Periodic Labour Force Survey… Continue reading A Job to do: On unemployment in India
Can unicorns solve the country’s youth unemployment problem?
Synopsis: Unicorns can make some impact and lessen youth unemployment, especially in urban India, but they can’t solve the country’s problem of job scarcity. Introduction In August 2021, India’s unemployment rate stood at 8.32%, worse than July’s rate of 6.96%, but similar to the rates recorded in August 2020 and August 2019, which were at… Continue reading Can unicorns solve the country’s youth unemployment problem?
A step backward: On unemployment in India
Synopsis: The periodic labour force survey (PLFS) indicates that India, far from modernising and formalising its economy, seems to be moving backwards in terms of the employment available. Introduction Recent PLF survey has stated that unemployment rate has declined by a percentage point to 4.8 per cent in 2019-20. The previous number, in the first… Continue reading A step backward: On unemployment in India
Finding work is work in progress (COVID’s impact on jobs)
Source: Times of India Relevance: Dealing with economic implications of COVID Synopsis: Reversing the pandemic hit to the job market is only a first step. The real jobs challenge still lies ahead. A brief look at the impact of COVID on the job market and the future challenges. Context Economy is coming to pre-covid level… Continue reading Finding work is work in progress (COVID’s impact on jobs)
‘Improve social security for workers’
Source: The Hindu Relevance: This article analyzes the Parliamentary Standing Committee on Labour report on the impact of the pandemic on rising unemployment. Synopsis The Parliamentary Standing Committee on Labour highlighted many issues and provided suggestions for improving employment. About the News The Parliamentary Standing Committee on Labour submitted a report on the impact of the… Continue reading ‘Improve social security for workers’
What India’s labour force survey actually says about employment
Sources: Livemint, The Indian Express and The Hindu Relevance: This article explains the recent PLFS survey and associated issues Synopsis: The Periodic Labour Force Survey (PLFS) has indirectly revealed deeply entrenched problems related to the quality of jobs being generated in the country Introduction The third annual round of the Periodic Labour Force Survey (PLFS) data… Continue reading What India’s labour force survey actually says about employment
Periodic Labour Force Survey and Unemployment in India- Explained, pointwise
Introduction The unemployment rate in India is always a reason to worry. Just before the Covid crisis at the end of the 2019-20 financial year, India had around 403.5 million employed people. But, during the second wave alone, India lost around 23 million jobs across formal and informal sectors as states and Union territories imposed… Continue reading Periodic Labour Force Survey and Unemployment in India- Explained, pointwise
Unemployment reports are misleading:Union Minister
Union Minister has said that the reports about high unemployment rate in the country are misleading and asserted that employment generation is the priority of the government. This statement came after NSSO report showed that unemployment rate across the country stood at 6.1%,the highest since 1972-73.It also showed that joblessness was higher in urban India… Continue reading Unemployment reports are misleading:Union Minister
Unemployment data based on draft report: NITI Aayog
The government think tank,NITI Aayog dismissed the National Sample Survey Office (NSSO) report on unemployment as a draft and not a final report. The report showed that unemployment rate across the country stood at 6.1 per cent, the highest since 1972-73.It also showed that joblessness was higher in urban India (7.8%) than in rural India… Continue reading Unemployment data based on draft report: NITI Aayog
