Page 8 - Consumer Sentiment Indicator

Graduates face 17% unemployment rate

Graduates+ accounted for only 13.5 per cent of the total employed in 2019. This is an improvement over the 12.7 per cent share it had in 2016. But, it is still very low

Slowdown blues: Caution, Dec quarter could be worse for employment in India

Available data tell us that the economy is headed for even greater trouble in the current quarter which ends in December 2019

How wages to labourers compare with profits to entrepreneurs

Wages and profits are the two major sources of national income, the other two being interest paid to capital and rent paid to land

A triple whammy in November?

Compared to global standards, India has a very low labour participation rate and now, it also has a high unemployment rate. And to this we can now add the misery of a rising inflation rate

Warning: Analysis can cause paralysis

The dominant narrative on employment from the establishment was one of denial that jobs were being lost. After the release of the PLFS such summary dismissal of the problem has declined

Unemployment rate a poor indicator

India is reverting to the high unemployment rates that were seen during the first three quarters of 2016

Low-skill jobs dominate

May-August 2019 is also the second consecutive complete Consumer Pyramids Household Survey to have recorded a sequential increase in employment

Rural unemployment rises, urban stabilises

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

Sep 2019 was arguably the best month for Indian labour markets in 3 years

The estimated number of people employed shot up to nearly 410 million in September 2019

Welcome but inadequate increase in jobs

Given this past record of declines, the surge of 2.5 million jobs in the past one year is a welcome reversal. But, this expansion is far from sufficient

Understanding the concept of employment

A person is considered to be employed if she has been employed for at least one hour during a week

Labour supply expands by 4.5 million

A greater proportion of a rising population joining the labour force is the best of both worlds

Unemployment in Jammu & Kashmir

In the recent past we faced several challenges in execution of the survey

A V-shaped unemployment rate

The V-shape pattern of the unemployment rate holds true for both, urban and rural unemployment rates

Unemployment now in the 8-9% range

While the weekly unemployment rate was over 9% during the week ended August 25, the 30-day moving average on the same day was 8.25%

Reforming labour statistics

Beginning September 2019, CMIE's CPHS will start capturing the time-distribution of activities of adult members of a household in addition to capturing the employment/unemployment status

Employment increases in July 2019

At 405 million, employment during the month was over 4 million higher than it was a month ago, in June 2019. Even compared to a year ago, it was a substantial 3.9 million higher

Worry about informal employment

A fall in demand for automobiles of all kinds is leading to job losses and fears of more losses in the near future are mounting

Letting the demographic dividend slip

The mere supply of labour does not guarantee growth. The supply of labour needs to be harnessed for productive purposes to ensure that India can benefit from its demographic dividend

Why it doesn't feel like 7%

While employment growth decelerated from 2.6 per cent in 2016-17 to 2.2 per cent in 2017-18, growth in wages inched up a bit from 9.4 per cent in 2016-17 to 9.5 per cent in 2017-18