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“Our problem is Employed Poverty” ~ Manish Sabharwal
He also said:
BTW, he is Vice-Chairman of Teamlease Services, one of India’s leading staffing and human capital firm.
1.12 billion working-age people by 2047.
55% under 25.
43% of working-age population: Women.
Impressive stats, right?
But here’s the real story:
“It’s not about job creation. It’s about job quality”
The cold, hard truth:
• Poor wages plague India’s workforce
• Skills don’t match market needs
• ‘Employed poverty’ is the real enemy
Think about it:
How many graduates are stuck in low-wage jobs?
How many skilled workers can’t find suitable roles?
The solution isn’t just creating jobs or upskilling.
It’s about:
1. Removing regulatory barriers
2. Aligning skills with market demands
3. Focusing on wage quality, not just employment numbers
Here’s HIS challenge to policymakers:
Stop treating unemployment as the only metric.
Start looking at the quality of employment.
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Thanks for reading.
