Indian Economics Thread II

[mossen]

Youth unemployment in India.



What's notable is that sometimes youth unemployment rises because labour participation rate also rises. But in this case, labour participation rate is falling even as youth unemployment is rising. A double whammy.

I don't have a good theory as to why India is so bad (and getting worse) at creating jobs for youths. If you look at university graduates, their numbers have exploded in recent years. So perhaps this is a case of a skills mismatch? Young people with a degree who don't have the skills required for the jobs they want prefer to be unemployed rather than work "undignified" jobs.

Either way, I'm surprised it isn't a bigger issue in Indian discourse. You very rarely hear or read about it.

 

[Rafi]

Youth unemployment in India.

View attachment 119519

What's notable is that sometimes youth unemployment rises because labour participation rate also rises. But in this case, labour participation rate is falling even as youth unemployment is rising. A double whammy.

I don't have a good theory as to why India is so bad (and getting worse) at creating jobs for youths. If you look at university graduates, their numbers have exploded in recent years. So perhaps this is a case of a skills mismatch? Young people with a degree who don't have the skills required for the jobs they want prefer to be unemployed rather than work "undignified" jobs.

Either way, I'm surprised it isn't a bigger issue in Indian discourse. You very rarely hear or read about it.

If it was China all the scum would come out with "China gonna collapse, trust me bro, I pulled the info out of my ass" lol

 

[ansy1968]

If it was China all the scum would come out with "China gonna collapse, trust me bro, I pulled the info out of my ass" lol

And with trouble with Canada, do you think they can achieved its goal of exporting themselves out of poverty by 2025? I know Australia put a cap while UK seems unattractive so where will they go? Antarctica.

 

[Bellum_Romanum]

Youth unemployment in India.

View attachment 119519

What's notable is that sometimes youth unemployment rises because labour participation rate also rises. But in this case, labour participation rate is falling even as youth unemployment is rising. A double whammy.

I don't have a good theory as to why India is so bad (and getting worse) at creating jobs for youths. If you look at university graduates, their numbers have exploded in recent years. So perhaps this is a case of a skills mismatch? Young people with a degree who don't have the skills required for the jobs they want prefer to be unemployed rather than work "undignified" jobs.

Either way, I'm surprised it isn't a bigger issue in Indian discourse. You very rarely hear or read about it.

India is being propped with a sprinkle of facts but mostly fiction, just to lure the country with a continental size ego, and dreams as well as delusions of a wannabe superpower for AMERICAN led anti-China containment.

The fact that India has an unfortunate record rate of youth unemployment that's rarely if at all mentioned by all western media show how B.S. the anti-China narrative has become and why India could never aspire to even catch up to China. Indian incompetence and failures are not being brought to light thereby allowing the corruption and extreme incompetence to fester within the Indian government and society. Further pushing their grandiose delusions and unaccountable to all their failings and justify their blame to the usual culprits which are Pakistan, and China, and Canada. Lol

 

[MrCrazyBoyRavi]

Youth unemployment in India.

View attachment 119519

What's notable is that sometimes youth unemployment rises because labour participation rate also rises. But in this case, labour participation rate is falling even as youth unemployment is rising. A double whammy.

I don't have a good theory as to why India is so bad (and getting worse) at creating jobs for youths. If you look at university graduates, their numbers have exploded in recent years. So perhaps this is a case of a skills mismatch? Young people with a degree who don't have the skills required for the jobs they want prefer to be unemployed rather than work "undignified" jobs.

Either way, I'm surprised it isn't a bigger issue in Indian discourse. You very rarely hear or read about it.

The reason is many south asian youth deliberately take 1or 2 years gap to prepare for entrance exam for government job, reputed University or abroad study prep classes. I am from Nepal and so many people does it. Everyone of my friend lost atleast 1 year due to these reasons.

 

[OppositeDay]

The reason is many south asian youth deliberately take 1or 2 years gap to prepare for entrance exam for government job, reputed University or abroad study prep classes. I am from Nepal and so many people does it. Everyone of my friend lost atleast 1 year due to these reasons.

Standard definition for unemployment only takes into consideration people who're actively looking for jobs, that's the difference between unemployment data and labor participation data.

 

[siegecrossbow]

If it was China all the scum would come out with "China gonna collapse, trust me bro, I pulled the info out of my ass" lol

China has the excuse that many of the 16-24 yr olds are in high school or college. What’s their excuse?

 

[Petrolicious88]

China has the excuse that many of the 16-24 yr olds are in high school or college. What’s their excuse?

Arranged marriage at age 14.

 

[luminary]

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The Wire
Canada has a major influence on the lentil and edible oil security of India. A report suggests Canada may have slowed down exports of the former to India.

It seems like Canada is turning the agri-power screw on India. A

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” after Canadian prime minister Justin Trudeau accused Indian intelligence agents of assassinating a Canadian Sikh activist Canadian soil. This has implications for domestic pulse prices as India heads into the elections.

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Google will begin to make its Chromebook laptops in India through a partnership forged with HP Inc.

 

[BlackWindMnt]

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The Wire
Canada has a major influence on the lentil and edible oil security of India. A report suggests Canada may have slowed down exports of the former to India.

Russia farmers be like is that market now ours?