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Unemployment Falls in India, but Good Jobs Still Lag

Unemployment in India has come down, but many new jobs lack decent work. Workers without social security tend to spend less and save less, and are more exposed to economic shocks. The report argues this poor-quality job growth can slow the wider economy.

Context

Context: Decent work means fair pay, job security and social protection such as health cover and pensions. Counting jobs alone does not show whether people are better off, which is why economists also track job quality.

The Hindu
Burning Potato score: 65%

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