Why is India considered an exception in the global labour market recovery according to an ILO report
India is considered an exception in the slow global labour market recovery, as per an ILO report.
- India's labor market recovery is slower due to its large informal sector, which makes data collection and analysis challenging.
- The pandemic disproportionately affected sectors like agriculture, construction, and services, which are significant sources of employment in India.
- Challenges in effective implementation of government policies and programs impact the pace of recovery in India.
- Factors like a large population, resource constraints, and high levels of inequality contribute to India's unique labor market dynamics.
- The structure of India's economy and employment patterns differ from those of other countries, influencing how the labor market responds to global trends.
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3 months ago