Good news, bad news

Much attention has rightly been devoted to reports in this newspaper of the National Sample Survey Office’s (NSSO’s) estimates regarding the state of employment in India. The most eye-catching revelation, that unemployment is at a 45-year high, is naturally deeply worrying. However, other aspects of the NSSO’s Periodic Labour Force Survey (PLFS) deserve examination as well. They convey both good and bad news about employment trends and have implications for the framing of government policy.   One such revelation is that, while the overall labour force participation rat.....

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