Page 3 - Cmie

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

Labour market failed to absorb enough workers this festive season

The labour participation rate and the employment rate have fallen in each of the past four weeks

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

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

A changing narrative about the Prime Minister can unravel his leadership

Facing reversals on every front, anger against the govt, especially amongst the youth seems to be growing and this can create problems for the PM and BJP

Q1 snapshot of the Indian economy: Attaining recovery will be a long haul

The severity of contraction in economic activities due to Covid-19 is declining, but sustainable recovery is far away still. A K Bhattacharya explains the problems and positives for the Indian economy

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

India's unemployment rate fell to 11% in June from 23.5% in May: CMIE

The fall in jobless rate came as economic activities resumed after government eased pandemic lockdown restrictions

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

India coronavirus dispatch: How close are we to a Covid-19 vaccine?

Optimism about Covid-19 cures, India's economic recovery likely to be 'U' shaped, and will mi-grants go back to their previous place of work? roundup of news on how India is dealing with the pandemic

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

Migrant workers' wait to get home ends, their fight for survival does not

Over 122 million people in India lost their jobs in April, according to estimates of the Centre for Monitoring Indian Economy

Unemployment rate falls to 5.8% in 2018-19 from over a four-decade high

The unemployment rate in 2017-18 had risen to 6.1%, compared to 2.2% in 2011-12, according to the results of the Periodic Labour Force Survey released by the National Statistical Office.

Many manufacturing companies weighed labour cost cuts even before lockdown

Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar