The Blog of Cafe Dissensus Magazine – we DISSENT

Posts tagged ‘EPFO’

How to read the unemployment figures in India

By Kashif Islam
The unusually high unemployment figure of 6.1 % and a fall in the labour-force participation rate as reported by the PLFS may well be the result of demonetisation, something that the government has never openly acknowledged, and for which it needs to be held accountable. But, clearly there is a long way to go before the unemployment number in itself starts conveying any useful information about the economic welfare of the Indian people.