Jobless Growth

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Jobless Growth - Total results - 18
Jobless growth: Focus on manufacturing instead of services would have spurred employment, reduced poverty
Business

Jobless growth: Focus on manufacturing instead of services would have spurred employment, reduced poverty

The rapid pace of growth of the services sector was driven due to the liberalisation of the economy in 1991 as outsourcing was found to be particularly lucrative by the developed economies

Niti Aayog V-C Rajiv Kumar terms criticism of jobless growth as 'spurious', says 70 lakh jobs created in FY18 alone
Business

Niti Aayog V-C Rajiv Kumar terms criticism of jobless growth as 'spurious', says 70 lakh jobs created in FY18 alone

Recently, former PM Manmohan Singh had said the BJP-led government's promise to generate two crore jobs annually has turned out to be a "gimmick".

Corporate India's job creation moderates to 3.8% in FY18 from 4.2% in FY17: Care Ratings report
Business

Corporate India's job creation moderates to 3.8% in FY18 from 4.2% in FY17: Care Ratings report

Care Ratings in its report said the moderation in employment growth is "reflective of the proposition that higher economic growth is weakly translating into higher job creation".

What does it take to get a decent raise in the US job market? The answer's straightforward - quit your job
World

What does it take to get a decent raise in the US job market? The answer's straightforward - quit your job

Despite one of the best job markets in decades, workers across the U.S. economy are struggling with a common frustration: What does it take to finally get a decent raise?

US companies hired 204,000 new workers in April, says fresh data from payroll processor ADP
World

US companies hired 204,000 new workers in April, says fresh data from payroll processor ADP

American businesses added 204,000 new workers last month, another sign of strength in the U.S. labor market and economy. Payroll processor ADP said Wednesday that hiring was strong across numerous industries, led by professional and business services, health and education and restaurants and hotels.

Economy growing but layoffs still aplenty in India; Information Technology sector worst-hit, says report
Business

Economy growing but layoffs still aplenty in India; Information Technology sector worst-hit, says report

Even as the economy grows, job layoffs continue to remain a "commonplace" with IT industry employees experiencing more pain than the others

P Chidambaram hits out at Centre for deflecting debate on employment, says BJP is master of deception
Business

P Chidambaram hits out at Centre for deflecting debate on employment, says BJP is master of deception

P Chidambaram on Monday slammed the Bharatiya Janata Party (BJP) government for "distorting and deflecting the debate on employment"

EPFO-data based study raises questions; reminds its time India overhauled its payroll reporting method
Business

EPFO-data based study raises questions; reminds its time India overhauled its payroll reporting method

If enough jobs are being created over the last year, why doesn’t it correlate with the private consumption trends, demand–revival and investments?

Ensure employment creation with special focus on rural unemployed, says Pranab Mukherjee
Business

Ensure employment creation with special focus on rural unemployed, says Pranab Mukherjee

Mukherjee said recent figures suggest a "marked improvement" in the reduction of unemployment ratio in urban areas but the rural areas continue to face troubles

IT layoffs: NITI Aayog's Arvind Panagariya dismisses fears, says world in grip of ‘robophobia’
Business

IT layoffs: NITI Aayog's Arvind Panagariya dismisses fears, says world in grip of ‘robophobia’

Anomalies in employment data should get addressed with the just-launched NSSO survey, Panagariya said

Arun Jaitley just tripped over his own feet by admitting economy wasn’t healthy when govt launched note ban
Business

Arun Jaitley just tripped over his own feet by admitting economy wasn’t healthy when govt launched note ban

Jaitley is absolutely right in saying a 7-8 percent growth is good enough for India in an environment where rest of the world is facing an economic slowdown

With unemployment at 5-year high, even a 7.6% GDP growth means little to India's poor
Business

With unemployment at 5-year high, even a 7.6% GDP growth means little to India's poor

Till the time higher growth doesn't translate into higher number of jobs and better income for the aspiring middle class, China-beating economic growth or India being the centre-stage of the world are merely feel-good ideas

Flipkart, Infosys, AskMe: Why recent spate of job cuts should worry us
Business

Flipkart, Infosys, AskMe: Why recent spate of job cuts should worry us

Jobless growth is a reality staring India in the face. The government and industry must work together to solve this crisis

Have money, won't invest: India Inc prefers cash to factories
Business

Have money, won't invest: India Inc prefers cash to factories

The RBI notes that companies are investing in financial assets rather than real factories and assets that create jobs. India Inc is clearly not convinced that investing in factories is all that beneficial right now.

NSSO shocker: Sonianomics continues to damage jobs
Economy

NSSO shocker: Sonianomics continues to damage jobs

Despite a small spike in job creation, new jobs are of low quality and there is no sign that job creation under UPA has taken a beating

How UPA's populism may have entrenched jobless growth
Business

How UPA's populism may have entrenched jobless growth

Why did the NDA time bring jobs growth at a time when GDP was growing slowly (5-6 percent), and why did higher growth in the next five-year period bring almost no jobs growth?

Puzzle: Did NREGA also kill 25 million jobs in the economy?
Business

Puzzle: Did NREGA also kill 25 million jobs in the economy?

Why did the first half of the last decade create 93 million new jobs and the second half - when several social sector schemes were launched - just 2.2 million?