JOURNAL ARTICLE

India's New Jobs Report Raises Questions Over Underemployment.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Roy, Anup; Bhatia, Ruchi 3 of 3

Abstract

The article discusses the limitations of India's new monthly labor report, specifically the Periodic Labor Force Survey (PLFS), in accurately reflecting unemployment due to the prevalence of informal sector jobs. While the report indicates a decrease in the overall jobless rate to 5.2% in July, economist Amit Basole argues that it undercounts underemployment and misrepresents joblessness by including informal and unpaid labor. He emphasizes the need for reliable indicators of underemployment, particularly among youth, where the jobless rate for those aged 15-29 was reported at 14.9%. The article also notes that alternative data sources, such as the Centre for Monitoring Indian Economy Ltd., provide different unemployment figures, highlighting the complexities of measuring labor market conditions in India. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/08, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:187406856
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