No talk of jobs will not make the issue go away
5 years, 6 months ago

No talk of jobs will not make the issue go away

Deccan Chronicle  

Before the elections, Prime Minister Narendra Modi, then Bharatiya Janata Party president Amit Shah and then Union finance minister Arun Jaitley had offered anecdotal evidence to argue that it was not true that there were no jobs. Of course, messrs Modi, Shah, Jaitley did not feel the need to refer to the exact number of jobs that could have been created by increased tourist arrivals and increased road building. The government is aware of it, and finance minister Nirmala Sitharaman has announced measures like allowing foreign companies to set up manufacturing units in India as part of the Make In India mission that could create some jobs in the country. The Modi government had ducked the issue of the numbers of jobs created saying that the existing methods were not satisfactory, and therefore they have created the payroll data. Mr Modi’s fond belief that if India becomes a $5 trillion economy there would be more jobs could make sense, but the Prime Minister and the government should show more courage in speaking about the jobs issue without the temptation to score brownie points.

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History of this topic

Job openings rose while hiring dropped in October, labor report shows
1 month, 1 week ago

Job openings rose while hiring dropped in October, labor report shows

Salon  

Job openings and resignations increased substantially in October while the number of hires and layoffs dropped, according to a Tuesday report from the Bureau of Labor Statistics that showed a mixed picture of the U.S. labor market. The increased number of job openings appeared mostly in professional and business services, as well as service and IT industries, jumping by 372,000 …

2014-2024 has seen jobloss growth: Congress questions govt’s job creation claims
3 months, 2 weeks ago

2014-2024 has seen jobloss growth: Congress questions govt’s job creation claims

Hindustan Times  

The Congress on Monday questioned the government’s claims on job creation data, adding that no spin doctoring can take away from the fact that 2014-2024 has seen “jobloss” growth. Quoting the content of the report, Congress claimed that the current ruling dispensation equated the unpaid household to the work done by women as “employment” which is not a new job …

Congress Jairam Ramesh slams Centre: No ‘spin-doctoring’ can change the fact that 2014-24 saw ‘jobless growth’
3 months, 2 weeks ago

Congress Jairam Ramesh slams Centre: No ‘spin-doctoring’ can change the fact that 2014-24 saw ‘jobless growth’

The Hindu  

Dismissing the Union government’s assertion of creating eight crore employment opportunities between 2021 and 2024 as a “half-truth”, the Congress on Monday claimed that no “spin-doctoring can take away the fact that 2014-24 has seen jobloss growth”. In a statement, Congress General Secretary Jairam Ramesh said, “Amidst the u-turns and scandals that have marked the last few months of this …

Jobs data spurs political response, focus on Fed
4 months, 2 weeks ago

Jobs data spurs political response, focus on Fed

China Daily  

The recent massive downward revision of jobs created in the United States in a one-year period prompted political reaction and also raised questions on whether the Federal Reserve has waited too long to cut interest rates. "This preliminary estimate doesn't change the fact that the jobs recovery has been and remains historically strong, delivering solid job and wage gains, strong …

Jobs data spurs political response, focus on Fed
4 months, 2 weeks ago

Jobs data spurs political response, focus on Fed

China Daily  

By HENG WEILI in New York | chinadaily.com.cn | Updated: 2024-08-27 10:59 The recent massive downward revision of jobs created in the United States in a one-year period prompted political reaction and also raised questions on whether the Federal Reserve has waited too long to cut interest rates. "This preliminary estimate doesn't change the fact that the jobs recovery has …

Were eight crore new jobs created in three years?
4 months, 3 weeks ago

Were eight crore new jobs created in three years?

The Hindu  

Employment, or the lack of it, has been a major issue of debate among economists and policy makers in India in recent years. Tailing this claim, the research team of the State Bank of India published a validating report that claimed a match between the total number of workers in the India-KLEMS database and in the NSSO’s Annual Survey of …

The job market might be more fragile than previously thought
4 months, 3 weeks ago

The job market might be more fragile than previously thought

NPR  

The job market might be more fragile than previously thought NPR’s Ailsa Chang talks to senior economist at Wells Fargo, Sarah House, about the revision in jobs numbers that show the U.S. economy employed 818,000 fewer people that originally reported in March. HOUSE: Yeah, so it is pretty surprising to see that sort of downward revision when the economy is …

RBI Data on Job Creation A Shot in the Arm for Modi Sarkar Ahead of Budget
6 months ago

RBI Data on Job Creation A Shot in the Arm for Modi Sarkar Ahead of Budget

News 18  

A recent RBI data saying India has added 2.5 times more jobs in the financial year 2023-24 — the highest since 1981-82 — has given the perfect ammunition to the government and the finance ministry to counter the perception being spread by the Opposition that governance is crippled and slowed down. In fact, the government — as well as the …

‘What recession?': US employers add 528,000 jobs in July
2 years, 5 months ago

‘What recession?': US employers add 528,000 jobs in July

Associated Press  

WASHINGTON — U.S. employers added an astonishing 528,000 jobs last month despite flashing warning signs of an economic downturn, easing fears of a recession and handing President Joe Biden some good news heading into the midterm elections. “The U.S. economy is creating new jobs at an annual rate of 6 million — that’s three times faster than what we normally …

Waiting for jobs: The Hindu Editorial on the Narendra Modi government’s plan to recruit 10 lakh personnel in 18 months
2 years, 6 months ago

Waiting for jobs: The Hindu Editorial on the Narendra Modi government’s plan to recruit 10 lakh personnel in 18 months

The Hindu  

For a nation that has had a significant demographic dividend — the working age population is much larger than the non-working age sections — finding productive employment for its youth was to be an imperative for India. Yet, in the last few years, unemployment has remained a major concern — the leaked Periodic Labour Force Survey in 2018 revealed that …

Will PM Modi's 'one million job' drive help ease the employment crisis?
2 years, 7 months ago

Will PM Modi's 'one million job' drive help ease the employment crisis?

Business Standard  

Battered by demonetisation, pandemic and subsequent lockdowns, the Indian economy has started showing some signs of revival now. And amid these hopeful and gloomy numbers, Prime Minister Narendra Modi on Tuesday announced to give central government jobs to 1 million people in the next year and a half. If we were to assume that state employment is four times that …

February Jobs Report Shows Large Recovery Gap Remains : The Indicator from Planet Money : NPR
3 years, 10 months ago

February Jobs Report Shows Large Recovery Gap Remains : The Indicator from Planet Money : NPR

NPR  

Still Not Good Tho Enlarge this image OLI SCARFF/AFP via Getty Images OLI SCARFF/AFP via Getty Images The labor market is still in rough shape, but it is improving. The Bureau of Labor Statistics just released the jobs report for the month of February, and it showed that the labor market created 379,000 jobs. More than 379,000 jobs created may …

Jobs report: 225,000 jobs added, unemployment rate at 3.6% in January
4 years, 11 months ago

Jobs report: 225,000 jobs added, unemployment rate at 3.6% in January

CNN  

New York CNN Business — The US economy added 225,000 jobs in January, as the surprisingly strong pace of hiring continues. Job growth in the construction, health care, transportation and warehousing industries was particularly strong in January, according to the US Bureau of Labor Statistics’ report. “So the bottom line is that the unemployment rate only increased because of all …

Reports on high unemployment rate in country 'misleading', says Union Minister Santosh Kumar Gangwar in Lok Sabha
5 years, 6 months ago

Reports on high unemployment rate in country 'misleading', says Union Minister Santosh Kumar Gangwar in Lok Sabha

Firstpost  

Union Minister Santosh Kumar Gangwar Monday said that reports about high unemployment rate in the country are misleading and asserted that employment generation is the priority of the government New Delhi: Union Minister Santosh Kumar Gangwar Monday said that reports about high unemployment rate in the country are misleading and asserted that employment generation is the priority of the government. …

The debate around PLFS is back and here are the issues that the politicised controversy fails to consider
5 years, 7 months ago

The debate around PLFS is back and here are the issues that the politicised controversy fails to consider

Op India  

The Periodic Labour Force Survey is officially out, and with it, the controversy on job growth over the last 5 years has resurfaced. As far as the issue of job creation in the economy is concerned, the debate has been far too politicized in the recent past and it continues to be politicized even after the elections. Such politicization will …

Opinion | The ‘observer’s paradox’ and India’s jobs data confusion
5 years, 9 months ago

Opinion | The ‘observer’s paradox’ and India’s jobs data confusion

Live Mint  

It’s election season and claims and counter-claims are flying thick and fast. “Our own internal analysis showed that we are creating around 7.8 million jobs,” said NITI Aayog chief executive officer Amitabh Kant. “Conventional estimates suggested that there are 12 million entrants per year and the country needs roughly around seven million jobs.” Then we have non-government economists. Using Employee …

Around 15 million jobs created by the Modi govt per year, but the ‘liberal’ propaganda won’t stop
5 years, 10 months ago

Around 15 million jobs created by the Modi govt per year, but the ‘liberal’ propaganda won’t stop

Op India  

One of the best articles I read last week was by Dr Surjit S. Bhalla which provided an explanation behind the rise of the use of fake news and fake analysis. This further indicates that there’s a positive change in the data so there must be robust job creation within the economy. Indeed, EPFO data represents a formal sector of …

Dev 360: On the jobs front, all is still not well
5 years, 11 months ago

Dev 360: On the jobs front, all is still not well

Deccan Chronicle  

"How’s the josh?” Prime Minister Narendra Modi asked the film fraternity while inaugurating the National Museum of Indian Cinema in Mumbai recently. The government insists that all is well on the jobs front in Mr Modi’s “New India”. However, “since the 1990s, and particularly in the 2000s, GDP growth has accelerated to seven per cent but employment growth has slowed …

2019 Budget Reactions: New report will show ‘substantial increase in jobs’, says PM Modi’s economic advisor Bibek Debroy
5 years, 11 months ago

2019 Budget Reactions: New report will show ‘substantial increase in jobs’, says PM Modi’s economic advisor Bibek Debroy

Hindustan Times  

The Narendra Modi-led government is pushing self-employment and entrepreneurship through its programmes, chairperson of Prime Minister’s Economic Advisory Council Bibek Debroy has said, amid a row over a leaked report that showed unemployment had surged to the highest in four decades. The Narendra Modi-led government is pushing self-employment and entrepreneurship through its programmes, chairperson of Prime Minister’s Economic Advisory Council …

The failed promise of jobs
5 years, 11 months ago

The failed promise of jobs

The Hindu  

A S election 2019 approaches, the Narendra Modi government, damaged by agrarian distress, is also being challenged by evidence that its record on employment generation has been extremely poor. The first agency that was mandated to collect data at more frequent intervals was the Labour Bureau, covering enterprises in eight selected non-agricultural sectors important from an “employment growth” point of …

Blueprint for job creation by January-end: Piyush Goyal
5 years, 11 months ago

Blueprint for job creation by January-end: Piyush Goyal

Live Mint  

New Delhi: The government will come out with a blueprint for creating high-paying jobs for the youth as it tries to assess the job situation on the ground and fix the problems, Railway minister Piyush Goyal said on Tuesday. “The government, economists and think tanks need to engage more to find more paying and quality employment opportunities for the youth …

The enormity of job challenge that India faces
6 years, 2 months ago

The enormity of job challenge that India faces

Live Mint  

While there is no clarity on the extent of jobs created in the economy since 2011-12, there is no disagreement that the economy has failed to create enough jobs. The unrest among farmers driven by declining incomes is also a manifestation of the problem of employment in a country with almost half of the total workforce working in agriculture. The …

Did the Indian economy create nearly 13 million jobs in 2017?
6 years, 4 months ago

Did the Indian economy create nearly 13 million jobs in 2017?

Hindustan Times  

In a study prepared as a background report for the Prime Minister’s Economic Advisory Council, economists Surjit Bhalla and Tirthatanmoy Das have claimed that the Indian economy created around 12.8 million jobs in 2017. The authors also claim that net job creation between 2013 and 2017 in India was 22.1 million, which is much better than the creation of 11 …

Opinion | Jobs growth claims in India: a fact check
6 years, 4 months ago

Opinion | Jobs growth claims in India: a fact check

Live Mint  

Surjit Bhalla and Tirtha Das’ background paper, titled All You Wanted To Know About Jobs In India, But Were Afraid To Ask, is now available on the Prime Minister’s Economic Advisory Council website —a welcome initiative. It claims: “While there are no official employment surveys post 2015.there are several individual pieces of data suggesting a healthy growth in employment in …

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