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Loading... Jul 8, 2024 · According to the India Employment Report 2024, created jointly by the Institute for Human Development and the International Labour Organisation (ILO), India's working population increased from 61...
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newlinesmag.com · reportage · jobless-growth-fuels‘Jobless Growth’ Fuels India’s Unemployment Crisis
Jun 7, 2023 · India’s economy has long suffered from what experts call “jobless growth,” as a growing workforce struggles to secure employment even as GDP continues to rise. The unemployment rate has consistently increased over the last two decades — from 2% in 2010 to 5% in 2015 and 6.1% in 2018.
What is Jobless Growth? Jobless growth is when the economy experiences growth but unemployment remains stubbornly high. In other words, the economy is expanding but this is not translating into an increase in employment.
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Jul 9, 2024 · The article highlights the urgent need to address India's unemployment crisis by implementing long-term job creation policies, emphasizing vocational training, wage subsidies, and basic income supplements to boost demand and create sustainable employment opportunities.
India's joblessness is worrying because even as the country's growth is restarting, the bottom segment is doing worse than in most other nations, Prof Basu says.
Jul 19, 2024 · To maintain its economic momentum through consistently high GDP growth, India needs to produce more jobs and move a greater proportion of its workforce into higher productivity sectors.
5 days ago · In India, jobless growth has become a significant problem. Even though India is one of the world's fastest-growing economies, with a projected growth rate of 6.9% in the current year, unemployment is currently at a three-month high of 7.8%.
