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Economy

India Inc's job creation moderates to 3.8% in FY18, says Care ratings

Updated : October 18, 2018 07:12 AM IST

The rating agency in its report said the moderation in employment growth is "reflective of the proposition that higher economic growth is weakly translating into higher job creation"
It can be noted that many watchers, including the then Union labour minister Bandaru Dattatreya have questioned if we are facing a jobless growth, where the economic acceleration is not translating into growth in jobs.
India Inc's job creation moderates to 3.8% in FY18, says Care ratings

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