Comprehensive employment, industrial policies are necessary to address jobs crisis | The Indian Express

Comprehensive employment, industrial policies are necessary to address jobs crisis | The Indian Express

Written by Santosh Mehrotra, J Parida |Updated: November 7, 2019 9:25:37 am

Santosh Mehrotra is professor of economics and chairperson, Centre for Labour, JNU.

J Parida is assistant professor of economics, Central University of Punjab.

Comprehensive employment, industrial policies are necessary to address jobs crisis

With total jobs falling at a time when new entrants into the labour force are increasing at an accelerating pace, it is not surprising that real wages have not increased in both rural and urban areas.

since the employment and unemployment figures are always estimated considering both the principal and subsidiary status of employment, BD’s employment estimate, based only on the principal status, is incomplete and misleading. (Representational Image)

A report in this paper (IE, November 1) on various employment estimates for 2017-18, based on the PLFS (periodic labour force survey) data, has received considerable attention. We have received several queries from policy makers regarding the differences in our employment estimates with studies by Laveesh Bhandari and Amaresh Dubey (BD), and Himanshu that are quoted in the report. In this article, we clarify the reasons for the differences and highlight the major findings of our study