Page 6 - Consumer Sentiment Indicator

Farms to factories and back

Usually, in the June quarter, the GDP shrinks by about 3-4 per cent compared to the previous quarter. This is because there is seasonality in the GDP series

Profit vs wages: Lockdown has taught firms a lesson that will hurt labour

Owners of capital have benefitted well in these very difficult times. But labour has not been as lucky

Employment numbers for rural, urban India show economic recovery still weak

Fiscal 2019-20 ended with an employment rate of 39.4%. It fell to 27.2% in April 2020 but, it recovered 300 basis points to reach 30.2% in May

As economy slows down, India would need to create 8 mn jobs every year

The real challenge is in raising the labour participation and employment rates

Employment rate targeting must be at the heart of Indian policymaking

The labour participation rate in September at 40.7% was 199 basis points lower than the average labour participation rate of 42.7% in 2019-20

Employment may not mean work, wages: Lockdown broke down old assumptions

Employment and work are very closely related but the two are in fact, distinct

Employment rate could get worse as govt won't spend, private sector can't

The fall in the unemployment rate seen in recent weeks is meaningless and misleading in the face of a falling labour participation rate and a falling trend in the employment rate

Engineers, teachers, accountants: Biggest job loss among salaried employees

Employment in the category of white collar professional employees and other employees has been rising steadily since 2016 when the survey began tracking them

Covid-19 impact: 21 mn salaried jobs lost in lockdown-hit slowing economy

The damage is likely to be deeper, among industrial workers and also white-collar workers

Labour conditions worsening. Expect job losses in August

In August, barring an exceptional spike in one week, the labour participation rate has been slipping

Jobs for youngsters dwindle in slowing economy hit by Covid-19, lockdown

Slowly, the age profile of the workforce is shifting towards the relatively old workers

Loss of urban salaried jobs likely to have debilitating impact on economy

While informal jobs have returned, and even increased after being hit by the lockdown, formal jobs have not

A recovery to worry: Revival in employment has left out salaried jobs

The recovery is largely in informal jobs. The situation has worsened for the salaried class

A partial, slowing economic recovery underway after sharp fall of April

But, its momentum could be petering out well before the recovery is complete

Covid-19 crisis: Employment of young women hit most amid lockdown

Employee Provident Fund data shows a sharp fall in new additions to subscriptions to the Fund in April 2020, the first complete month of the lockdown

Job growth to good kharif crop, a new equilibrium seems to be setting in

Labour participation picked up smartly in the week ended July 19. At 41.7% it was heads and shoulders above the 40.4% recorded during the preceding two weeks

Bengal's 6.5% jobless rate in June 'far better' than that of India: Mamata

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

New projects fall over 50% in June as coronavirus lockdown takes hold

Data from the Centre for Monitoring Indian Economy shows full effect of shutdown in June quarter

Happy National Statistics Day: How do we square jobs data with reality

The experience of the past three months provides proof that Indians do not protest loss of jobs. They just drop their rates and continue with their lives

Happy monsoon season: Unemployment rate falls to pre-lockdown level of 8.5%

The big gain in employment is happening in rural India and it might see bigger gains in the months to come or at least sustain the momentum