Employment in India is still lower than it was before the lockdown, but there are lesser unemployed people willing to work as well. The recovery is still incomplete but, we made good progress in Jan
India's better-than-expected recovery story was scripted by households, and not government spending or private sector investments
The real challenge is in raising the labour participation and employment rates
In August, barring an exceptional spike in one week, the labour participation rate has been slipping
Slowly, the age profile of the workforce is shifting towards the relatively old workers
The loss of around 5 million jobs in July comes after around 3.9 million jobs were gained in June, as per the data
This is an outcome of the economic strategy adopted by the state government to tackle the Covid-19 crisis and the devastation caused by cyclone Amphan, Banerjee said
The fall in the unemployment rate is doubly appealing as it is accompanied by an increase in the labour participation rate
India's infrastructure output, contributing nearly 40 per cent in industrial production, contracted 38.1 per cent in April
The Mumbai-based think tank said the rate of unemployment was the highest in the urban areas
The count of the unemployed who were actively looking for jobs during the week of April 26 was around 76 mn. In the earlier weeks, it was close to 100 mn
The labour participation rate has similarly fallen further from 35.5 per cent to 35.4 per cent and, the employment rate has now fallen to 26.1 per cent compared to 27 per cent in the earlier week
Unemployment was worse only in the pre-demonetisation period, according to the data, at 9.6% in August 2016.
In last 6 years, wages have grown at an average 10% a year within a narrow range of 9-12% per year. During this period, sales have grown at an average annual rate of 6% in wider range from -3% to +17%
The rural unemployment rate in the week ended October 6 was 8.3 per cent and in the second week it was 8.2 per cent
In the recent past we faced several challenges in execution of the survey
The V-shape pattern of the unemployment rate holds true for both, urban and rural unemployment rates
In the week ended May 13, consumer sentiment slipped marginally to 91.90 from 92.08 the previous week; unemployment rate rose to 5.82% from 5.85% during the same period, according to CMIE data
In the week ended May 6, consumer sentiment slipped marginally to 92.08 from 93.31 the previous week; unemployment rate rose to 5.85% from 4.69% during the same period, according to CMIE data