India continues to face a shortage of “decent work” even as unemployment falls, highlighting concerns about the quality of jobs being created in the country. Poor-quality employment generation can have wider consequences for economic growth.
According to the input, workers without social security tend to spend less, save less and remain more vulnerable to economic shocks. This makes job quality an important issue alongside headline unemployment figures.
The concern suggests that while more people may be getting work, many of those jobs may not offer the stability, protection or income security needed for long-term economic well-being.
