A day after official data showed unemployment had increased 10% in a gap of two years till June 2012 in India, a survey by US-based Gallup revealed respondents were more pessimist about finding jobs in India in 2012, compared to the previous year.
Only 30% of the respondents felt India was a good place to work in 2012, while 36% had agreed to it a year ago. On the other hand, half the respondents thought last year was not a good time to find jobs in India.
Data released by the National Sample Survey Office had revealed the number of unemployed people had increased to 10.8 million on January 1, 2012, compared with 9.8 million on January 1, 2010.
Among the 10 largest economies — which also includes India — Brazil was the strongest performer with 56% of the citizens giving thumbs up on job prospects.
India’s economy grew 4.8% in January-March, just a percentage point higher than the October-December period. Even then, the growth was quite faster compared to 0.55% witnessed by Brazil during January-March, compared to 2.6% in the October-December period.
Chosen excerpts by Job Market Monitor
via Not a good time to find jobs in India: Gallup | Business Standard.
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