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We saw a post-covid reversal of both positive and negative labour-market trends. How and why so? An ILO-IHD report offers clues. Hint: We had a covid backslide and surge in broadly defined self-employment.
Sooner or later, numbers will speak and the ‘truth’ will be out. Spin and dodgy arguments win only in the absence of data.
The ILO-IHD job report should be read without an ideological slant to understand India’s labour market transformations.
Data shows that the youth has seen the largest addition to the number of workers relative to its population, which counters a narrative of dwindling jobs for them. Trends like rising female work participation need study, though.
Arguments that the size of this sector—and contribution to GDP—is overestimated are flawed. PLFS data suggests that it's far likelier to have been undercounted.