How is India performing in the global labor market recovery according to the ILO report
Global labor market recovery slow, India an exception: ILO report.
- India is considered an exception in the global labor market recovery during the current economic downturn caused by the COVID-19 pandemic, as per the ILO report.
- The report suggests that most countries are experiencing a slow recovery in their labor markets, but India has shown a more resilient performance.
- India's labor market has displayed signs of improvement, with the employment rate in the country returning to pre-pandemic levels faster compared to global trends.
- Despite challenges faced in various sectors, India has managed to maintain relatively stable employment levels, reflecting a robust economic recovery.
- This positive outlook for India in the global labor market recovery is seen as a promising sign for the country's economic recovery efforts.
Answered
3 months ago