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1. hbr.org › 2024 › 07How India Can Fix Its Employment Crisis - Harvard Business Review

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   Jul 19, 2024 · Despite a roaring economy, India is in the middle of an employment crisis: In a country with the world’s largest and youngest workforce, there are very few good jobs to be had.

2. www.oneadvanced.com › news-and-opinion › the-reasonsThe reasons behind increasing labour costs | OneAdvanced

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   Jul 31, 2024 · One of the main reasons behind the increase of labour costs is the decrease in productivity. This might occur due to the increase in idle time and increase in employee turnover or higher attrition rates. Idle time is the non-productive time spent by the employees during working hours.

3. www2.deloitte.com › in › enAn analysis of India's labour market | Deloitte India

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   In our latest economic report, we aim to explore trends in the Indian labour market and highlight the challenges the country is facing. Lack of employment opportunities has been India’s Achilles’ heel for decades. The pandemic has worsened the labour market recovery and made it highly fragmented.

4. www.oecd.org › en › publicationsThe post-COVID-19 rise in labour shortages - OECD

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   The labour market recovery from the COVID-19 pandemic has been strong among advanced countries, partly reflecting massive and unprecedented policy support to workers and firms. This paper provides evidence and stylised facts about labour market tightening and labour shortages since the onset of the pandemic.

5. www.bbc.com › news › world-asia-india-59870297India's jobs crisis is more serious than it seems - BBC

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   Even salaried jobs have shrunk, according to the CMIE. Part of this could be because firms have used the pandemic to trim their workforce and reduce costs.

6. www.weforum.org › agenda › 20217 chief economists: how to solve the labour market paradox ...

   www.weforum.org › agenda › 2021

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   Jun 1, 2021 · The labour market is one of the big unknowns about the economic recovery. In the US, there are 8 million fewer workers than pre-pandemic, while in the UK, 10% of the workforce is still on furlough. And yet in both countries, and elsewhere, there are widespread reports of labour shortages.

7. People also ask

   What are the challenges facing India's labour market?

   • In our latest economic report, we aim to explore trends in the Indian labour market and highlight the challenges the country is facing. Lack of employment opportunities has been India’s Achilles’ heel for decades. The pandemic has worsened the labour market recovery and made it highly fragmented.

   An analysis of India's labour market | Deloitte India

   www2.deloitte.com/in/en/pages/about-deloitte/articles/an-analysis-of-Indias-labour-market.html

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   Will a more labour-scarce environment emerge over the next decade?

   • The labour shortages currently plaguing the US economy are likely to resolve as the recovery continues. However, a more labour-scarce environment could emerge over the coming decade due to demographics. These labour supply issues could be especially acute in countries like China and Germany, where the total labour force is already shrinking.

   7 chief economists: how to solve the labour market paradox | World

   www.weforum.org/agenda/2021/06/chief-economists-how-to-solve-labour-market-paradox-covid-pandemic-recovery-jobs-unemployment/

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   How will the labor market squeeze affect advanced economies?

   • Absent concerted efforts to boost productivity or increases in the workforce through higher participation or immigration, many advanced economies will struggle to exceed—or even match—the relatively muted economic growth of the past decade. So far, the impact of the labor market squeeze has been unevenly distributed.

   Labor markets: Tight in advanced economies | McKinsey

   www.mckinsey.com/mgi/our-research/help-wanted-charting-the-challenge-of-tight-labor-markets-in-advanced-economies

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   Is there a labour shortage in the US?

   • Janet Henry, Global Chief Economist, HSBC The labour market is one of the big unknowns about the economic recovery. In the US, there are 8 million fewer workers than pre-pandemic, while in the UK, 10% of the workforce is still on furlough. And yet in both countries, and elsewhere, there are widespread reports of labour shortages.

   7 chief economists: how to solve the labour market paradox | World

   www.weforum.org/agenda/2021/06/chief-economists-how-to-solve-labour-market-paradox-covid-pandemic-recovery-jobs-unemployment/

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8. www.mckinsey.com › mgi › our-researchLabor markets: Tight in advanced economies | McKinsey

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   Jun 26, 2024 · Given that the labor share of production is about 60 percent across advanced economies, rising labor costs are highly relevant for employers and policy makers. 2 Based on data through 2013 for Germany, Japan, and the United States.