Effects of Global Economic Recession

The World of Work Report, 2011 (ILO) cautions that the Global Community needs to put job back on the global agenda.

As far as Ministry of Labour & Employment is concerned, Labour Bureau conducts quarterly surveys on Employment. Our Tenth Quarterly Quick Employment Survey of 2,406 sample units for the period January-March, 2011 shows that at overall level, the employment has increased by 1.74 lakh during the period March, 2011 over December, 2010.

The findings of the current survey (10th Quarterly Survey) indicate an increasing trend in employment at overall level of the selected sectors under study.

It may also be noted that there is marginal decline in Unemployment between 2004-05 to 2009-10. Unemployment in 2004-05 was 10.84 millions and Unemployment in 2009-10 was 9.50 million.

As far as Ministry of Labour & Employment is concerned, there are statutes regulating termination of employment. Labour law reforms are carried out only after tripartite discussions. We have also taken several initiatives to safeguard the interest of unorganised/informal sector workers. An important recent initiative to safeguard the interest of unorganised workers has been enactment of the Unorganised Workers’ Social Security Act, 2008.

This information was given by the Minister of Labour and Employment Shri Mallikarjun Kharge in reply in reply to a written question in the Lok Sabha today.

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