Quality of employment , Microeconomics


Productivity of Employment  In a poor country like India being employed does not by itself necessarily ensure a decent level of living. In 1999-2000 the overall rate of unemployment in India was as low as 2.23 per cent, whereas the percentage of people below poverty line was as high as 26.1 per cent. This shows that of the total employed persons about 23.87 per cent fall under the category of working poor. Obviously, the major problem relates to that of the 'working poor' as the productivity of employment is very low. The low productivity of employment is mainly because of low educational and skill levels of the workers. About 44.0 per cent of all workers in 1999-2000 were illiterate and another 22.7 per cent has schooling only up to the primary level.  

Posted Date: 11/10/2012 5:00:26 AM | Location : United States

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