RBI survey signals deteriorating job market


livemint.com reports:
People are getting increasingly pessimistic about their employment prospects. That's the message tucked away in the Reserve Bank of India's (RBI) latest survey of consumer confidence. The survey, carried out last month, obtained households' perceptions about the employment scenario, among other things, and was conducted by the RBI in the six metropolitan cities of Bengaluru, Chennai, Hyderabad, Kolkata and New Delhi. 32.5% of those surveyed said the current employment situation had improved, while 39.2% said it had worsened.
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