Now Reading: Shiv Sena (UBT) says stagnant job market undermines govt claims
-
01
Shiv Sena (UBT) says stagnant job market undermines govt claims
Shiv Sena (UBT) has attacked the central government’s economic claims, citing official data that shows the unemployment rate at 5.5 per cent in the latest quarter, barely changed from 5.6 per cent…
The Story in Brief
Shiv Sena (UBT) has attacked the central government’s economic claims, citing official data that shows the unemployment rate at 5.5 per cent in the latest quarter, barely changed from 5.6 per cent a year ago. In an editorial in party mouthpiece Saamana, the Uddhav Thackeray-led party said the data from the Periodic Labour Force Survey contradicts Union Labour Minister Mansukh Mandaviya’s assertion of creating 1.7 crore jobs annually.
The share of salaried workers inched up from 51.2 per cent to 51.4 per cent, and female workforce participation rose from 32 per cent to 32.7 per cent. The editorial argued that these figures mask a deeper crisis: unemployment among graduates has risen faster than the growth in young graduates. Citing an Azim Premji University study, it claimed only 12 out of every 1,000 young jobseekers land permanent jobs.
The Indian Opinion
Both sides have a point, but each exaggerates. The government highlights near-static unemployment as resilience, ignoring that it hides worsening job quality and graduate distress. The opposition brands the data as failure, yet the slight improvements in female participation and salaried work suggest some progress. The real test is in the next PLFS report: will graduate unemployment rise or fall? That number, not political posturing, will reveal the truth.
Source: nationalheraldindia.com
This story was synthesised by AI from the source linked above.
