News: Higher growth may not create as many jobs

Strategic HR

Higher growth may not create as many jobs

A healthier world economy and a more decisive government at the Centre is expected to push up India's growth from decade low 4.9% likely this year and create more jobs. But a Crisil report suggests that in recent years, there is lesser employment generation per unit of growth and just higher growth may not be sufficient to absorb everyone entering the workforce:

A healthier world economy and a more decisive government at the Centre is expected to push up India's growth from decade low 4.9% likely this year and create more jobs. But a Crisil report suggests that in recent years, there is lesser employment generation per unit of growth and just higher growth may not be sufficient to absorb everyone entering the workforce:

Read the Economic Times news report here.

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Topics: Strategic HR, #Jobs, #National

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