Stagnant Employment Growth : Last Three Years May Have Been the Worst


Economic and Political Weekly reports:
Employment growth in India slowed down drastically during the period 2012 to 2016, after a marginal improvement between March 2010 and March 2012, according to the latest available employment data collected by the Labour Bureau. There was an absolute decline in employment during the period 2013-14 to 2015-16, perhaps happening for the first time in independent India. The construction, manufacturing and information technology/business process outsourcing sectors fared the worst over this period.
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