Real Wage Growth Flat in the Past Five Years
1 month, 2 weeks ago

Real Wage Growth Flat in the Past Five Years

Deccan Chronicle  

Chennai: The overall real wage growth at the national level has remained flat between Q2FY20 and Q1FY25. The growth of overall real wage, which is nominal wages deflated by state-specific Consumer Price Index, at the national level has been flat at 0.01 per cent over 2QFY20-1QFY25. The share of private sector jobs within the non-agricultural sector increased to 11.3 per cent in 2023-24 compared to 2018-19. Goa has the largest share of private sector jobs at 25.8 per cent within the non-agriculture sector. Among the major states, Maharashtra with a share of 23.5 per cent in 2023-24 has replaced Gujarat to be the state with the highest share of private sector jobs.

Goa Jobs Maharashtra Share Real Sector Cent Wage Private Sector Jobs Informal Jobs  growth  states  share  past  wage  sector  national  maharashtra  jobs  flat  real  private  cent

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