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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