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India’s labor market: A new emphasis on gainful employment

Back to Automation and the future of work

India’s labor market: A new emphasis on gainful employment

India’s labor-force participation declined between 2011 and 2015, prompting observers to question whether the nation is experiencing jobless growth. Instead, it appears that India’s labor market is undergoing a significant structural shirt away from agriculture.

Three global trends could lead to more opportunities for gainful employment: investment in infrastructure, rapid advances in automation technologies, and a rise in independent work and microentrepreneurship, aided by digital technologies.

Exhibit

The rise in non-farm jobs between 2010–11 to 2014–15 has more than compensated for the decline in farm jobs

In the media

Better data needed on job scenario

SmartInvestor.in: Better data needed on job scenario

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Project Syndicate: The changing face of work in India

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Economic Times: Labour in India: Quality of quantity counts

Article

Business Standard: Redefining the economics of skilling

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