Concerns about job creation and employment are heating up in India, fueled by data that seem to show the country is entering a period of jobless growth. But there are two reasons to be skeptical: bad data, and an increase in gainful employment.
MUMBAI – A debate about job creation and employment is heating up in India, fueled by data that seem to show the country is entering a period of jobless growth. Official statistics suggest that overall labor-force participation declined between 2011 and 2015, with fewer than two million new jobs created annually.
MUMBAI – A debate about job creation and employment is heating up in India, fueled by data that seem to show the country is entering a period of jobless growth. Official statistics suggest that overall labor-force participation declined between 2011 and 2015, with fewer than two million new jobs created annually.