Job Data
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Jobs numbers: Govt is fighting a big trust deficit on data credibility; budget was a missed opportunity to clear the air
Dinesh Unnikrishnan123 •A range of data releases including labour bureau survey numbers, CMIE numbers and ground level indicators also have been pointing out a major problems in job generation in the economy.
India's unemployment rate hits 45-year high in 2017-18, joblessness rate touches 6.1: NSSO data
•The assessment by the NSSO conducted between July 2017-June 2018, showed the unemployment rate stood at 6.1 percent, the highest since 1972-73, the report said.
India’s missing employment data: We aren’t better off as a nation living in the dark about job scenario
Dinesh Unnikrishnan123 •The last time the labour bureau released job data, it showed unemployment in the country rose to a five-year high of 5 percent in 2015-16.
Narayana Murthy shares concern of CEA Arvind Subramanian over lack of reliable job data
•Lack of reliable jobs data has thrown up big challenges before the central government to solve unemployment problem
Fed signals no rush to hike rates as economy hits soft patch
•The Federal Reserve left interest rates unchanged on Wednesday, but kept the door open to a hike in June while showing little sign it was in a hurry to tighten monetary policy amid an apparent slowdown in the U.S. economy.
Economy has regained ground, but job market still subpar: Yellen
Fp Archives •Janet Yellen says the economy has regained ground lost to the deepest recession since the 1930s. But she says unemployment remains too high at 7.3 percent and notes that the Fed is still trying to accelerate the economy's recovery.