Tuesday, June 21, 2022

The jobs puzzle: Indian Express 21st JUne 2022

 https://indianexpress.com/article/opinion/columns/india-jobs-unemployment-7979910/


Let us look at three reports that have appeared recently on the issue of jobs. The first pertains to start-ups that have begun issuing pink slips to their employees. The number given for this year so far is above 10,000 and more could be in the offing. The second pertains to the NSO survey which says that the unemployment rate in 2020-21 (July to June) was at 4.2 per cent, down from 4.8 per cent in 2019-20. This sounds good because it seems that even though start-ups are retrenching staff, somewhere in the country, opportunities are being created. And the third is the determination shown by the government in creating opportunities — it has assured the creation of one million jobs over the next one-and-a-half years. This may be optimistic, but if it does materialise, the employment landscape will change dramatically.


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