‘India joblessness data not factored into World Bank growth estimates’ - The Hindu

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?India joblessness data not factored into World Bank growth estimates? (https://www.thehindu.com/business/Economy/india-joblessness-data-not-factored-into-world-bank-growth-estimates/article27474827.ece) The HinduThe new macroeconomic data released by the government last Friday, which showed joblessness for 2017/18 at 6.1%, a 45-year high was not factored into the World Bank Group?s June 2019 Global Economic Prospects (GEP) report, Ayhan Kose, Director of the Bank?s Global Prospects Group told The Hindu, during a briefing call with reporters. ?This data is rather new. Obviously we have not [taken] it into account ? our cut off date for the data as we indicated in the report is May 23 [2019]. Having said that, India?s GDP growth slowed to 5.8% in the first quarter [of 2019] from 6.6% in the previous ...

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