Mahesh Vyas

The notable rise in LPR and employment rate in India in the month of April reflects an increase in willingness among people to seek employment

It is more likely that elections and El Nino will add to the volatility of consumer sentiments

The unemployment rate in Andhra Pradesh was significantly lower among people with lower levels of education

Expectations of household incomes a year later turned positive in March 2023 for the first time since April 2020

The labour markets have been weak during the last quarter of 2022-23

While the relatively richer and poorer households have seen their consumer sentiments spurt, the middle income households have seen slower growth in their sentiments

The largest provider of employment in Maharashtra is the agricultural sector

We see a fairly remarkable improvement in the Indian consumer sentiments during the first 10 weeks of 2023

There was a marginal improvement in India's labour participation rate to 39.92% in February compared to 39.8% in January 2023

The rate of unemployment has declined the most for urban women and the least for rural women

This upward trend in salaried employment is certainly a cheery outcome for Gujarat as it suggests an improvement in the quality of jobs in the state

The recovery in consumer sentiments from the pandemic has been the slowest among all economic indicators

India, incidentally, was the fastest country to report the unemployment rate for the month of January 2023

India suffers from a poorly educated workforce that is confined to poor quality jobs. Most employment is informal and in the unorganised sector

Small traders and daily wage labourers had recorded a sharp 22 per cent increase in their ICS between June and September 2022

Around 0.28 million women aged 20-29 entered the labour force in this period, according to CMIE's Consumer Pyramids Household Survey data

The Index of Consumer Sentiments shrunk by 0.9% in December 2022 after having declined by 1.7% in November

The 46.34 million contribu­ting members in 2021-22 is much lower than the 48.92 mill­ion contributing members seen in the pre-pandemic year of 2019-20

Like the labour market stress is concentrated in urban India, consumer sentiments have also soured essentially in urban India

The unemployment rate was over 8% in all three weeks that ended in December