Indian Labor Market

Essay specific features

 

Issue:

Business

 

Written by:

Allison H

 

Date added:

June 4, 2017

 

Level:

University

 

Grade:

C

 

No of pages / words:

3 / 724

 

Was viewed:

3180 times

 

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Essay content:

Slightly more than half of the work force is in agriculture. India, like many developing countries, in the early 1950s embarked on a socialist strategy of state-directed, heavy industry†based industrialization. The strategy was implemented via a series of five-year plans. In the experience of most countries, as the country develops, the workforce shifts initially from the primary to the industrial sector, and only then to the services sector...
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In contrast, in India, the workforce has shifted from the primary to the services sector, and not to the industry sector. The following are some of the Indian Labor statistics as per 2008 estimates: |Population |1,147,995,904 | |Age structure | 0-14 years: 31.5% | | |15-64 years: 63.3% | | |65 years and over: 5...
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