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9 Million Jobs Lost in 6 Years, a First in Indian History

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  • Total employment during 2011-12 and 2017-18 declined by 9 million even as close to 2.6 million jobs were lost every year between 2011-12 and 2017-18, a new study has found.

Source | thewire.in | The Wire Staff

New Delhi: A recent working paper published by the Centre for Sustainable Employment, Azim Premji University has contested official claims on employment, showing an “unprecedented” fall in total employment from 2011-12 to 2017-18.

Written by Santosh Mehrotra and Jajati K. Parida, the study says employment dropped by 9 million between these years – “for the first time in India’s history”.

While these are not new observations, this is perhaps the first such formal study to establish through official data that total employment is declining and a reserve army of unemployed youth (both openly unemployed and disheartened) is rising “massively”. The study also shows a trend of increasing contractualisation in the both government and private jobs.

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thewire.in
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