Page 3 - Cmie Data

Labour participation rate higher in rural India between Jan-Apr 2022: CMIE

Economic research think-tank Centre for Monitoring Indian Economy (CMIE) has estimated that labour participation rate (LPR) was higher in rural India during the period January to April 2022. LPR, defined as the number of persons of the labour force employed as a percentage of working age population, is 40.9 in rural India as compared to 37.4 in urban India during the period January to April 2022. According to CMIE, the percentage of LPR among urban male is much higher at 64.2 per cent as against 6.7 per cent among urban female. During the period unemployment rate in India was 7.43 per cent, with 7.8 per cent in urban India and 7.2 per cent in rural areas. CMIE said that a society where a large proportion of the adult population join the labour force and are mostly gainfully employed, is one which is free from economic vulnerability. Such a society automatically motivates households to spend more to improve the quality of life and in the process it propels economic growth and more

A robust industrial recovery

Employment among industrial workers increased further by about a million in the January-April 2022 Wave

From households to enterprises to markets, expectations drive decisions

Expectations play an important role in decision-making. Enterprises and the financial markets, for example, allocate funds that reflect their expectations

India adds 8.8 mn new jobs in April; yet inadequate to meet demand: CMIE

It may be useful to note that the 8.8 million increase in April comes after a 12 million fall during the preceding three months: CMIE

Bustling labour markets in April

The labour force increased by 8.8 million - from 428.4 million in March 2022 to 437.2 million in April 2022

Experts not convinced about CMIE's unemployment data for April

Economists on Tuesday are not convinced about the latest monthly unemployment data released by the Centre for Monitoring India Economy (CMIE), particularly about the statistics of the rural areas.

Millions of Indians exiting labour force no longer looking for jobs: CMIE

Now, more than half of the 900 million Indians of legal working age -- roughly the population of the US and Russia combined -- don't want a job, according to the CMIE

Farmers are doing well

In 2022, India will record the fifth consecutive year of bumper wheat crop

Communal djinn and the vanishing State

Though there is no direct evidence that unemployed youth are drawn into furthering the communal agenda, they have lately erupted in job-related agitations for reservations and inclusion in OBC lists

Unemployment rate falls, from grace

The decline in the LPR reflects the inadequacy of the growth in employment opportunities

March quarter sees 53.6% surge in new projects at Rs 5.1 trn: CMIE data

Their value is higher than it was in December, as well as in the same quarter last year

Slicing the unemployed by class

In 2019-20, the poorest households accounted for 9.8% of all the households and only 3.2% of all the unemployed

Middle income surge in 2021-22

Consumer sentiments had fallen by 15.7 per cent between March and June 2021 - the period of the second wave of Covid-19. The recovery since June has more than covered that fall

High school graduates win jobs

Jobs held by graduates and post-graduates (graduates-plus) were increasing steadily till the pandemic

Consumer sentiments improve

The improvement in sentiments during the early months of 2022 essentially reflects an increase in the proportion of households that believe that their current household incomes are better than they we

What do the unemployed do?

The delinking of activities from employment status allows a better understanding of what the unemployed do, or as CPHS informs us, what is the nature of occupation of the unemployed

Signs of economic recovery

Consumer sentiment has been, by far, the most sluggish economic indicator in the post-lockdown recovery story so far

The treacherous labour statistics

Employment did not exp­and to absorb the unemplo­yed in January. On the contr­ary, it shrank by 3.3 million

Sentiments recovering in January

At 60.3, the index was at its highest in November 2021 since its fall in April 2020 following the Covid-induced lockdown

Haryana's unemployment rate the highest in India, shows analysis

State's education performance has also slipped in the last five years