Wishesh Magazine November-2019 Wishesh_Magazine_November_2019 | Page 12

CURRENT AFFAIRS Increase In Low-Skilled Jobs In May-August - CMIE Survey Studies As per the survey conducted by CMIE, CEO Mahesh Vyas says, that it is a good sign that the rate of employment has gone up with 2.5 million people more when compared to last year. In India, around 404.9 people were employed in the month of May-August. Comparing the data of employment from 2016 until now, it has been better this year. Data > May-August 2018 - 5.5 million lower than 2017 > May-August 2017 - 0.6 million lower than 2016 Every four months the Consumer Pyramids Household Survey is conducted and it estimates an increase in employment in this time period. The CEO doesn’t find it to be a piece of totally good news because the jobs in the sectors where employment should be sufficient, people are losing their jobs there. There is an increase in employment in the agricultural sector with a decrease in the number of jobs in the manufacturing and IT sectors. In total there was an increase of 7 million jobs in the agricultural sector. Data > 8.4 million jobs increased in agricultural sectors > 4.3 million jobs increased in poultry and animal husbandry > 0.9 million jobs decreased in manufacturing industries > 2.2 million jobs decreased in the textile industries