Quess Corp. Ajit Isaac on India's Job Market

The video discusses the paradox of rising unemployment amidst economic growth in India, highlighting structural changes in the labor market. It covers industry-specific employment trends, wage and inflation impacts, and the movement from farm to non-farm sectors. The video also addresses youth employment challenges and the growth of sectors like electronics, emphasizing the need for structural shifts to absorb the growing workforce.

What is the contradiction discussed in the first section regarding India's economy?

• Rising unemployment despite economic growth

• Decreasing unemployment with economic decline

• Increasing employment with economic decline

• Stable unemployment with economic growth

Which sector is expected to see job growth due to the festive season?

• Mining

• Agriculture

• E-commerce

• Manufacturing

What is the expected trend for labor costs in the coming year?

• Decrease by 5%

• Increase by 10-12%

• Remain stable

• Increase by 20%

Which structural change involves a shift from rural to urban areas?

• From farm to non-farm sector

• From informal to formal sector

• From rural to urban areas

• From conventional to digital economy

What is a major challenge for youth employment in India?

• Limited access to technology

• High cost of living

• Insufficient job creation

• Lack of educational institutions

Which sector is expected to see significant investments and job growth?

• Textile

• Electronics

• Automobile

• Real Estate

What is the expected impact of the shift from informal to formal employment?

• Increase in social security coverage

• Decrease in job security

• Increase in agricultural jobs

• Reduction in workforce size