Study finds unemployment rate at 6.9%, a 2-year high
CHENNAI: Unemployment rate in the country rose to 6.9% in October, the highest in two years, according to the Centre for Monitoring Indian Economy. Worse still, the labour participation rate – a measure of the proportion of adults willing to work – fell to 42.4%, the lowest since January 2016, CMIE said.
“Labour participation rate fell sharply after demonetization”, from around 47-48%, “and it has still not recovered,” the CMIE study said.
“The small improvement in labour statistics seen in September turned out to be short-lived. October statistics point to a continuation of the deterioration in labour markets seen earlier,” the think-tank said.
The estimated number of persons employed during October 2018 at 397 million was 2.4% lower than the 407 million persons employed in October 2017. “This sharp fall in the employment rate in October is perhaps the most worrisome measure of the labour markets.” CMIE said in its bulletin.
The count of the unemployed persons actively looking for jobs almost doubled to 29.5 million in October 2018 from a low of 14 million in July 2017 (and 21.6 millon in Ocotber 2017), CMIE said.
Commenting on CMIE's latest unemployment data, Aditya Narayan Mishra, CEO, CIEL HR Services, said, "October-to-December is traditionally the job creation period across sectors in the Indian economy, and the mismatch between demand and supply of labour is hence worrying." Annually, almost 12 million people enter the country's labour markets and job creation hasn’t been robust enough to support this, he said.
He added the subdued performance of the country's core sectors such as power and infrastructure, coupled with inadequate lending by NBFCs could be a reason for the mismatch. "The IT industry has also not created much jobs in this period," he said.
Courtesy: timesofindia
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300 students get free sanitary pads at menstrual health awareness programme in Mangaluru
Mangaluru: Around 300 students from government colleges and schools in Kavoor were given free sanitary pads during an awareness programme on menstrual health and hygiene held on Saturday.
The programme was organised by the Women Research Centre and the Internal Quality Assurance Cell (IQAC) at the Government First Grade College (GFGC), Kavoor. The students hailed from Government First Grade college (GFGC), PU government college and high school, Deccan Herald reported.
Prameela Rao of Women Research Centre reportedly said, such awareness programme on menstrual health and free distribution of pads will be organised once in two months throughout the year. The entire cost of organising the awareness programmes and free distribution of pads had been sponsored by US based couple, Vinay Kumar and Dr Sowmya Rao, and a non-government organisation ‘Code Crimson'."
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Joint Director of the Department of Collegiate Education, Kavitha K R, who inaugurated the programme reportedly said, such initiatives should inspire students to give back to society in the future. As per the report, she highlighted the need for more women role models and encouraged students to break taboos surrounding menstruation.
According to the report, GFGC Principal Dr Geetha M L urged students to use biodegradable sanitary pads. Doctors Ankita Sarkar and Anuja Sarkar from Code Crimson addressed students on menstrual myths, hygiene practices, the importance of regular pad changes and safe disposal methods.
The speakers stressed that menstruation is a natural process and encouraged students to seek correct information without hesitation.
