EMPLOYMENT IN ORGAINSED AND UNORGANISED SECTOR
Employment is another indicator of the health of the economy. Employment is directly related with the national income because a higher employment will be followed by a higher output and thereby income. Not only that, a higher level of employment encourages advancement in education, skill formation, human resource development and a better physical quality of life. Hence, study of employment helps us to estimate the real status of the economy.
Reading this lesson, students will be in a position to understand employment potential of various sector of the economy, rise and fall of employment in different sector income generation, performance of different Plans on employment front etc.
* Growth rate of employment in different sectors
* Employment in organized and unorganized sector
Growth Rate Of Employment In Different Sectors
The growth rate of employment which was 2.04% per annum during the ten year’s period of 1983 to 1993-94, declined sharply to 0.98 percent during 1993-94 to 1999-2000. Therefore, it is told that the economic growth in this period was of jobless variety. Sector wise growth of employment has been explained in the table III.
Table III – Sectoral Growth of Employment 1983-2000
|Sector |Employed Workers (million) |Annual Growth Rate(%) | | |1983 |1993-94 |1999-2000 |1983-84 |1994-2000 | |Primary | | | | | | |Secondary | | | | | | |Tertiary | | | | | | | |208.99 |245.16 |239.83 |1.16 |-0.34 | | |(69) |(65.5) |(60.4) |2.90 |3.14 | | |41.66 |55.53 |66.91 |3.53 |2.42 | | |(13.8) |(14.8) |(16.8) | | | | |52.11 |73.76 |90.26 | | | | |(17.2) |(19.7) |(22.7) | | | |Total Employment |302.76 |374.45 |397.00 |2.04 |0.98 | | |(100.0) |(100.0) |(100.0) | | |
It is clear from the above table (No-III) that the growth of employment in the primary sector during 1983-94 was only 1.6 percent and that during 1994-2000 become negative i.e. -0.34% The contribution of the primary sector in terms of providing employment was very important as ever which stood at 208.99, 245.16 and 239.83 millions during the period 1983, 1993-94 and 1999-2000 respectively. So far as secondary sector is concerned it’ contribution towards employment has been consistent at 13.8,14.8 and 16.8 percentages respectively during the reporting period. The growth of employment in this sector during 1983-94 and 1994-2000 were 2.9 and 3.14 percent which can be said as satisfactory. But remarkable was the growth of employment in the tertiary sector where it grew from 52.11 million jobs in 1983 to 73.76 million during 1993-94 and hopping 90.26 million during 1999-2000 having the percentage of 17.2, 19.7 and 22.7 respectively.
Employment In Organised And Unorganized Sectors
By organized sector it is normally understood as public sector but the private...
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