Tag: Labour Market
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Platform-Based Gig Workers in India: Legal Landscape and Current State
Introducing the Topic: The platform-based gig economy has been steadily expanding, with more companies entering the digital space. According to a NITI Aayog projection, the gig workforce is expected to grow to 23.5 million workers by 2030. While the gig economy has…
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India’s Labour Market Trend – Dec 2023
In December 2023, formal job creation in India saw a modest uptick, with new monthly subscribers to the Employees’ Provident Fund (EPF) reaching 840,584, a 10% increase from November. Notably, young adults aged 18-28 constituted 67.17% of new subscribers, indicating…
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Britain’s Wage Dilemma: Balancing Growth and Inflation in the Face of Economic Uncertainty
Towards the end of 2023, wages (excluding bonuses) increased by 6.2% in Britain. Despite the concerns of the economy entering a shallow recession, this is only a slight decline from 6.7% growth in the previous quarter. It can be attributed…