Job­less Growth is for Real, says Care

The Economic Times - - Economy: Macro, Micro & More -

Con­firm­ing fears of a ‘job­less growth’, do­mes­tic rat­ing agency Care Rat­ings on Mon­day said em­ploy­ment gen­er­a­tion has not kept pace with GDP ex­pan­sion,and termed it as a “ma­jor con­cern”. Such a sce­nario calls for “proac­tive mea­sures” from gov­ern­ment and the re­cent in­fra­struc­ture build­ing ef­forts will help, it noted and said “em­ploy­ment growth has not kept pace with eco­nomic growth.”


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