India’s New Jobs Report Raises Questions Over Underemployment
India’s new monthly labor report doesn’t give a full picture of unemployment in the economy because of the vast amounts of informal sector jobs in the world’s most populous nation, according to a well-known economist and author.
The government began publishing the monthly Periodic Labor Force Survey from April, with the latest report on Monday showing the jobless rate fell to 5.2% in July from 5.6% in June.