All stories by Mahesh Vyas
Employment: Glad tidings from JanuaryRediff.com5 days ago
January 2021 more than recovered the loss of employment of the past three months, notes Mahesh Vyas.
Why households are unhappy with the BudgetRediff.com23 Feb 2021
The finance minister did very well for equity market investors but not so with families, reveals Mahesh Vyas.
Not a Budget for EmploymentRediff.com12 Feb 2021
It is important to increase employment in general. It is even better to increase good quality jobs. Strategically, it is important to move people from farms to factories to improve overall labour productivity. It is important to improve job opportunities for women, for urbanites and for the educated. The Budget does not contain ideas to do any of this, points out Mahesh Vyas.
Why does the FM ignore JOBS issue?Rediff.com8 Feb 2021
The Economic Survey will remain a documentation of the government's resolve to not recognise the severe stress on the labour markets and on the livelihoods of Indian households arising out of the pandemic and the consequent lockdown, observes Mahesh Vyas.
20-somethings account for 80% job lossesRediff.com29 Jan 2021
Those who lost jobs in December were women, graduates, post graduates, salaried employees, observes Mahesh Vyas.
SCARY! Huge increase in unemploymentRediff.com19 Jan 2021
The count of the unemployed mounted to 38.7 million in December 2020 compared to 27.4 million in November, registering a massive increase of 11.3 million, reveals Mahesh Vyas.
Corporate India cut wages amid soaring profitsRediff.com7 Jan 2021
The cut in wages by companies whose operations were not shut by the lockdown was more likely opportunistic than out of business compulsions to survive the lockdown. If this is true, then it is worth wondering what kind of opportunism was this? Was it to make a quick buck or was it to use a crisis to engineer a structural change that was necessary, asks Mahesh Vyas.
No Country for Young Working WomenRediff.com29 Dec 2020
'By November 2020, men recovered most of their lost jobs, but women were less fortunate: 49 per cent of the job losses by November were of women.' 'The recovery has benefited all, but it benefited women less than it did men,' notes Mahesh Vyas.
Economic recovery is not completeRediff.com4 Dec 2020
The recovery seen in the increased economic activity till September or October is running out of steam. Labour statistics indicate a substantial slowing down of the economy in November, notes Mahesh Vyas.
As India Inc's profits soar, wage bill fallsRediff.com27 Nov 2020
The lockdown has taught companies a lesson or two on running business with fewer human resources. These lessons are unlikely to be forgotten, observes Mahesh Vyas.
Listed companies increased headcount in a bleak yearRediff.com24 Nov 2020
These companies provide better quality jobs and so it is particularly reassuring to see these jobs grow faster than the overall growth of jobs in India, says Mahesh Vyas.
Why Tejashwi's job promise hit the nailRediff.com10 Nov 2020
The addition of a million jobs as promised by Tejashwi Yadav would make a big impact. But the electorate needs to raise its expectations, notes Mahesh Vyas.
Jobs: October has some bad newsRediff.com2 Nov 2020
Keeping the employment rate from slipping is challenging. To merely keep the employment rate unchanged, the economy has to generate additional jobs. It needs to run to stay where it is, points out Mahesh Vyas.
India needs to create 8 mn jobs every year!Rediff.com22 Oct 2020
Nothing in India's recent history suggests that India can provide 8-9 million jobs a year, let alone generate 50 million jobs in any reasonable time, notes Mahesh Vyas.
The good and bad news on jobsRediff.com19 Oct 2020
The labour participation rate tells us how many of the working age population are willing to be employed. If this proportion keeps falling as it evidently is, it does not bode well for India's growth story. It renders all stories of a revival in the economy as a myth, warns Mahesh Vyas.
Lockdown wipes out job gains since 2016Rediff.com6 Oct 2020
The biggest loss of jobs among salaried employees was of 'white-collar professional employees and other employees'. Among these are engineers including software engineers, physicians, teachers, accountants, analysts and so on, who are professionally qualified and are employed in some private or government organisation All the gains made in their employment over the past four years were washed away during the lockdown, reveals Mahesh Vyas.
India lost 21 million jobs in the Covid lockdownRediff.com16 Sep 2020
There were 86 million salaried jobs in India during 2019-2020. In August 2020, their count was down to 65 million. The deficit of 21 million jobs is the biggest among all types of employment, points out Mahesh Vyas.
Jobs for youngsters dwindle in slowing economyRediff.com8 Sep 2020
'The 20 to 24 age group accounted for 35% of job losses till July.' 'The 25 to 29 age bracket account for 46% of all job losses,' reveals Mahesh Vyas.
Loss of Salaried Jobs in Lockdown: 17 millionRediff.com2 Sep 2020
'Loss of these urban salaried jobs is, therefore, likely to have a particularly debilitating impact on the economy, besides causing immediate hardship to middle-class households,' points out Mahesh Vyas.
18.9 million salaried employees lost jobs in lockdownRediff.com21 Aug 2020
While salaried jobs are not lost easily, once lost they are also far more difficult to retrieve. Therefore, their ballooning numbers are a source of worry, notes Mahesh Vyas.