The article says India but umm...this sounds an awful lot like the current post-recession US economy.
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The world's fastest-growing economy isn't creating jobs like beforeThat’s messed up.
Source: Bloomberg - 🏆 97. / 63 Read more »
The world's fastest-growing economy isn't creating jobs like beforeA Growth mainly in service (IT)/consumer goods/ real estate sectors. Growth in manufacturing sector has plateaued, normal for economy taken off. So lesser jobs in organised sector. Growth fuels self employment not readily accountable but causes further growth.
Source: Bloomberg - 🏆 97. / 63 Read more »
The world's fastest-growing economy isn't creating jobs like beforeWhen you grow up poor, then get money, you can become stingy. Not the best background for economic leaders.
Source: Bloomberg - 🏆 97. / 63 Read more »
The world's fastest-growing economy isn't creating jobs like beforeClassic case of the law of diminishing returns at play. Worldwide reduction in productivity/ per basis point rise in GDP is stark.
Source: Bloomberg - 🏆 97. / 63 Read more »
Source: WSJ - 🏆 98. / 63 Read more »