Iran War Pressures Gulf Jobs, Exports And Remittances As India’s Employment Engine Slows
India’s employment engine is facing a growing strain — and the ongoing Iran conflict is now adding fresh pressure. For decades, two major pillars supported millions of Indian jobs: overseas employment in Gulf countries and labour-intensive exports like leather, garments and handicrafts. But today, both are slowing at the same time. While headline unemployment numbers remain relatively stable, experts warn that the bigger risk may lie beneath the surface — weaker wages, fewer secure jobs, and a growing shift towards gig and informal work.
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