India unemployment rate highest in 45 years: Report
5 years, 11 months ago

India unemployment rate highest in 45 years: Report

Al Jazeera  

The jobless rate stands at 6.1 percent, a local newspaper reports, citing an official survey withheld by the government. The unemployment rate in India has reached its highest in 45 years, according to a report in the Business Standard newspaper that cited an official survey withheld by the government. The survey, conducted by the National Sample Survey Office between July 2017 and June 2018, showed that the unemployment rate stood at 6.1 percent, higher than the previous high point reached in 1972-1973, local media reported. ‘A national disaster’ Rahul Gandhi, the leader of the main opposition Congress party who the polls show is closing in on Modi’s lead in the May election, said the job report showed “a national disaster”. The survey comes a month after the All India Manufacturers’ Organisation released a report that said 3.5 million jobs had been lost since 2016.

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History of this topic

Youth unemployment in India at 10.2%, says Union Labour minister
1 month, 2 weeks ago

Youth unemployment in India at 10.2%, says Union Labour minister

India Today  

The unemployment rate for youth of India aged 15–29 years in 2023-24 is at 10.2% said Union Minister of State for Labour and Employment Shobha Karandlaje, citing statistics in the Lok Sabha in response to a question on November 25, 2024. The reply also said that the youth unemployment rates in India were lower than global levels. A report by …

Little change in India’s unemployment rate in urban areas: PLFS data
1 month, 3 weeks ago

Little change in India’s unemployment rate in urban areas: PLFS data

Hindustan Times  

India’s unemployment rate in urban areas during July-Sept 2024 stood at 6.4%, compared to 6.6% in the same period last year, according to the government’s quarterly periodic labour force survey released on Monday. According to the government’s Economic Survey 2023-24, India needs to create 7.85 million non-farm jobs every year until 2030 to absorb its growing labour force. The labour …

Urban labour market shows improvement as unemployment declines in September quarter
1 month, 3 weeks ago

Urban labour market shows improvement as unemployment declines in September quarter

Live Mint  

India's urban labour market demonstrated steady gains in July-September, with rising workforce participation and a slight dip in unemployment, according to recent data. Urban unemployment rate, a key indicator of joblessness, fell to 6.4% in July-September, down from 6.6% a year prior, as per data from the Ministry of Statistics & Programme Implementation on Monday. The Labour Force Participation Rate …

Unemployment rate remains unchanged at 3.2pc in July 2023 to June 2024
3 months, 2 weeks ago

Unemployment rate remains unchanged at 3.2pc in July 2023 to June 2024

New Indian Express  

NEW DELHI: Unemployment rate for persons aged 15 years and above has remained unchanged at 3.2 per cent in July 2023 to June 2024, according to the labour force survey annual report released on Monday. Labour Force Participation Rate in usual status for persons of age 15 years and above was 60.1 per cent during July 2023 - June 2024 …

FY24 unemployment rate unchanged at 3.2%
3 months, 2 weeks ago

FY24 unemployment rate unchanged at 3.2%

Hindustan Times  

India’s annual unemployment rate remained unchanged at 3.2% in 2023-24, mirroring the previous year’s figure, despite an increase in the number of people working or looking for a job, according to the latest annual Periodic Labour Force Survey report released on Monday. FY24 unemployment rate unchanged at 3.2% {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} This marks the first time the headline unemployment …

Labour ministry rebuts Citigroup's research report on employment in India
6 months ago

Labour ministry rebuts Citigroup's research report on employment in India

New Indian Express  

NEW DELHI: The labour ministry on Monday rebutted a recent report by Citigroup which forecast that India will struggle to create sufficient employment opportunities even with a 7 per cent growth rate. The ministry in a statement said the report "fails to account for the comprehensive and positive employment data available from official sources such as Periodic Labour Force Survey …

Urban unemployment rate at 6.7% in quarter ending March 2024 : NSSO data
7 months, 3 weeks ago

Urban unemployment rate at 6.7% in quarter ending March 2024 : NSSO data

Hindustan Times  

India’s urban unemployment rate in the quarter ended March 2024 was 6.7%, according to data released by the National Sample Survey Office on Wednesday. On a sequential basis – quarter on quarter – the unemployment rate increased between quarters ended December 2023 and March 2024 for the first time after the quarter ended June 2021. The 6.7% urban unemployment rate …

Has the growth of India’s economy translated into domestic jobs?
9 months ago

Has the growth of India’s economy translated into domestic jobs?

Live Mint  

Recently, two international organizations published their assessment of India’s labour market and employment situation. Over the 42 years between 1980-81 and 2021-22, non-farm employment in India grew at a compounded average annual growth rate of 3.16%. As stated in its report, the concern of the World Bank is that the employment ratio in South Asian economies, including India, has declined …

Unemployment rate in urban areas falls to 6.50 per cent in Q3
10 months, 4 weeks ago

Unemployment rate in urban areas falls to 6.50 per cent in Q3

India TV News  

The unemployment rate in urban areas of India for individuals aged 15 years and above dropped to 6.5 per cent during October–December 2023, down from 7.2 per cent in the same period last year, according to government data released on Monday. The Periodic Labour Force Survey, initiated in April 2017 for more frequent labour force data, reported that the unemployment …

Himachal Pradesh Tops Unemployment Chart in July-Sept: Labour Survey
1 year, 1 month ago

Himachal Pradesh Tops Unemployment Chart in July-Sept: Labour Survey

News 18  

Himachal Pradesh has witnessed the highest overall unemployment rate of 33.9 per cent, followed by Rajasthan at 30.2 per cent, among the age group of 15 to 29 years in cities during July-September 2023, according to the Periodic Labour Force Survey. The PLFS data of the National Sample Survey Office also revealed that unemployment among the 15-29 age group in …

The week in 5 charts | Uttarkashi tunnel rescue, India’s GDP increases in Q2, Unemployment rate dips, and more
1 year, 1 month ago

The week in 5 charts | Uttarkashi tunnel rescue, India’s GDP increases in Q2, Unemployment rate dips, and more

The Hindu  

After 17-days, trapped workers rescued from the Uttarkashi tunnel On November 12, when portions of the Silkyara-Dandalgaon under-construction tunnel on the Brahmkhal-Yamunotri highway collapsed, 41 workers were trapped with no way out. GDP surges 7.6% in Q2, goes past RBI forecast India’s Gross Domestic Product grew at a higher-than-expected 7.6% in the July to September 2023 quarter, as per initial …

Unemployment rate in India is at its lowest level in six years: PM Modi
1 year, 2 months ago

Unemployment rate in India is at its lowest level in six years: PM Modi

The Hindu  

Prime Minister Narendra Modi on October 12 said India's expanding economy is creating new possibilities for the youth and the unemployment rate in the country is at its lowest level in the last six years. In a video message to the Kaushal Deekshant Samaroh of the Ministry of Skill Development and Entrepreneurship, the prime minister noted that new possibilities are …

India's unemployment rate hits 6-year low at 3.2% in latest government data
1 year, 3 months ago

India's unemployment rate hits 6-year low at 3.2% in latest government data

India TV News  

India's unemployment rate for individuals aged 15 and above has reached its lowest point in six years, registering at 3.2% during the period from July 2022 to June 2023, according to the Periodic Labour Force Survey Annual Report 2022-2023 released by the National Sample Survey Office. Rise in labour force participation The Labour Force Participation Rate in usual status for …

‘Grim news’: Shashi Tharoor reacts to study on unemployment rate
1 year, 3 months ago

‘Grim news’: Shashi Tharoor reacts to study on unemployment rate

Hindustan Times  

Shashi Tharoor of the Congress on Sunday targeted the Narendra Modi government after a study claimed that the unemployment rate among graduates under 25 years of age touched a huge 42 per cent post-Covid in the country. Quoting a news report by Live Mint, which cited the study the State of Working India 2023 by Azim Premji University’s Centre for …

Unemployment rate dips in India
1 year, 5 months ago

Unemployment rate dips in India

Deccan Chronicle  

New Delhi: India’s overall unemployment rate fell in July as rural areas saw increased demand for agriculture labour with the onset of monsoon rains. Rural unemployment rate fell to 7.89%, from 8.73% in June, while urban unemployment rate ticked up, to 8.06% from 7.87% in the same period. While the agriculture sector saw activity with improved rains, demand for labour …

After furore over CMIE data, govt. figures show Haryana sliding on unemployment
1 year, 5 months ago

After furore over CMIE data, govt. figures show Haryana sliding on unemployment

The Hindu  

Haryana has the fourth highest rate of unemployment in the country along with Manipur among States, as per the latest Periodic Labour Force Survey data by the Ministry of Statistics and Programme Implementation. The Opposition and Haryana government have had a long-running face-off ever since the Congress highlighted the Centre for Monitoring Indian Economy ’s report in January that put …

State’s urban population and unemployment rate, both see an increase
1 year, 10 months ago

State’s urban population and unemployment rate, both see an increase

Hindustan Times  

Mumbai: The urban population in Maharashtra is increasing and at the same time, the unemployment rate in these areas has also gone up. The survey also shows that unemployment rate in urban areas of Maharashtra post-Covid has increased from 4.4 % in 2019-20 to 6.5 % in 2020-21. During this period all India unemployment rate in urban area reduced marginally …

India's unemployment rate rises to 8.30% in December, highest in 16 months: Report
2 years ago

India's unemployment rate rises to 8.30% in December, highest in 16 months: Report

The Hindu  

India's unemployment rate rose to 8.30% in December, the highest in 16 months, from 8.00% in the previous month, data from the Centre for Monitoring Indian Economy showed on Sunday. The urban unemployment rate rose to 10.09% in December from 8.96% in the previous month, while the rural unemployment rate slipped to 7.44% from 7.55%, the data showed. The unemployment …

Year in Review | Indian economy amid global headwinds
2 years ago

Year in Review | Indian economy amid global headwinds

The Hindu  

Multiple headwinds at varied points of time impacted the Indian economy’s thorough economic revival in the calendar year 2022. “India’s growth rates in real terms of 9.7% in the first half of this year is well above the trend in other countries and is happening amid tightening global financial conditions and the commodity price shock since the Ukraine invasion by …

India's unemployment rate dips to 7.2 per cent in second quarter from 9.8
2 years, 1 month ago

India's unemployment rate dips to 7.2 per cent in second quarter from 9.8

India TV News  

India unemployment rate 2022 : The unemployment rate, defined as percentage of unemployed persons in the labour force in the country above the age of 15 years in urban areas eased to 7.2 during the second quarter of 2022-23 from 9.8 in the year-ago period, according to data of National Statistical Office's 16th Periodic Labour Force Survey. The data had …

The truth about ‘the India story’
2 years, 2 months ago

The truth about ‘the India story’

The Hindu  

As the COVID-19 pandemic fades and hopes rise for nations and societies to return to some kind of normalcy, there is effort all around to take stock of where we stand and what our prospects look like. In fact, from 2003 to 2011, barring one year, the start of the Great Recession in 2008-09, India was on top of most …

Unemployment rate among graduates declines to 13.4% between July 2022 and June 2023
2 years, 3 months ago

Unemployment rate among graduates declines to 13.4% between July 2022 and June 2023

The Hindu  

Unemployment rate among graduates in a the age group of 15 years and above has declined to 13.4% in 2022-23 from 14.9% in year ago, according to a government survey. As per the latest Periodic Labour Force Survey, conducted by the Ministry of Statistics & Programme Implementation, the lowest unemployment rate among graduates aged 15 years and above witnessed in …

Sharp drop in jobless rate
2 years, 3 months ago

Sharp drop in jobless rate

Deccan Chronicle  

Chennai: The unemployment rate in India declined to a multi-year low in September after touching an yearly high in August. As per the data of think-tank Centre for Monitoring Indian Economy, the jobless rate sharply fell to 6.43 per cent, the lowest in many years. However, in the previous month, the unemployment rate had touched 8.28 per cent, which was …

Poverty, unemployment are demons in today’s world: RSS
2 years, 3 months ago

Poverty, unemployment are demons in today’s world: RSS

The Hindu  

Poverty and unemployment are demons in today’s world, said general secretary of Rashtriya Swayamsevak Sangh Dattatreya Hosabale on Sunday. Unemployment rate is also very distressing as the current rate is 7.6%,” said Mr. Hosabale who also quoted a United Nations Human Development Index report. Livelihood is also a big problem as per the UN report which also stated that conflicts …

India's unemployment rate drops to 6.43% in September: CMIE
2 years, 3 months ago

India's unemployment rate drops to 6.43% in September: CMIE

The Hindu  

India's unemployment rate has drastically dropped to 6.43% in September due to an increase in labour participation in the rural and urban areas, according to data from the Centre for Monitoring Indian Economy. "In September, the unemployment rate has fallen significantly with an increase in labour participation in both urban and rural areas," CMIE managing director Mahesh Vyas told PTI …

Unemployment Rate Below Pre-Pandemic Levels, MGNREGA Work Demand Lowest in August: Govt
2 years, 3 months ago

Unemployment Rate Below Pre-Pandemic Levels, MGNREGA Work Demand Lowest in August: Govt

News 18  

The unemployment rate in urban areas has shrunk for the fourth consecutive quarter ending at 7.6 per cent in the June quarter of 2022, as against 14.3 per cent in the June quarter of the previous year, the monthly economic review by the finance ministry said on Saturday. “The unemployment rate is now below pre-pandemic levels as measures taken earlier …

India’s unemployment rate surges to 1-year high of 8.3% in August: CMIE
2 years, 4 months ago

India’s unemployment rate surges to 1-year high of 8.3% in August: CMIE

Live Mint  

India's unemployment rate increased to a one-year high of 8.3 per cent in August as employment sequentially fell by 2 million to 394.6 million, the Centre for Monitoring Indian Economy data said. "The urban unemployment rate is usually higher at about 8 per cent than the rural unemployment rate, which is usually around 7 per cent. In August the urban …

India’s unemployment rate plunges to 7.6% in April-June 2022: NSO survey
2 years, 4 months ago

India’s unemployment rate plunges to 7.6% in April-June 2022: NSO survey

Live Mint  

The unemployment rate in India for people aged 15 years and above in urban areas declined to 7.6 per cent during April-June 2022 from 12.6 per cent a year ago, the National Statistical Office said on 31 August. In January-March 2022, the unemployment rate in India for persons aged 15 years and above was 8.2 per cent in urban areas, …

At 6.80%, unemployment rate in India lowest in 6 months: Report
2 years, 5 months ago

At 6.80%, unemployment rate in India lowest in 6 months: Report

Hindustan Times  

The overall unemployment rate eased to 6.80% in July, a 1 per cent decline compared to June, the lowest since 6.56% in January, Centre for Monitoring Indian Economy, a private organisation reported on Monday. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} In rural India, the unemployment rate fell to 6.14% in July against 8.03% in the previous month. The data for urban areas …

At 6.80%, unemployment rate in India lowest in 6 months: Report
2 years, 5 months ago

At 6.80%, unemployment rate in India lowest in 6 months: Report

Hindustan Times  

The overall unemployment rate eased to 6.80% in July, a 1 per cent decline compared to June, the lowest since 6.56% in January, Centre for Monitoring Indian Economy, a private organisation reported on Monday. In rural India, the unemployment rate fell to 6.14% in July against 8.03% in the previous month. The data for urban areas suggests that unemployment rose …

Unemployment crisis in India is an invisible epidemic
2 years, 5 months ago

Unemployment crisis in India is an invisible epidemic

The Hindu  

Published : Jul 24, 2022 18:00 IST Shalini Ghosh runs a fairly popular boutique chain selling ethnic garments and gift items from West Bengal. Going by the CMIE statistics, one State that has witnessed a high level of unemployment among graduates is Bihar, with 34.2 per cent of its graduate workforce without a job. Speaking to Frontline, Jawhar Sircar, a …

Waiting for jobs: The Hindu Editorial on the Narendra Modi government’s plan to recruit 10 lakh personnel in 18 months
2 years, 6 months ago

Waiting for jobs: The Hindu Editorial on the Narendra Modi government’s plan to recruit 10 lakh personnel in 18 months

The Hindu  

For a nation that has had a significant demographic dividend — the working age population is much larger than the non-working age sections — finding productive employment for its youth was to be an imperative for India. Yet, in the last few years, unemployment has remained a major concern — the leaked Periodic Labour Force Survey in 2018 revealed that …

Looking beyond the joblessness number
2 years, 6 months ago

Looking beyond the joblessness number

Hindustan Times  

Unemployment rates are often looked at as the ultimate measure of a country’s ability to create employment. While they are indeed an important metric as far as the labour market is concerned, there is a need to look beyond the headline unemployment number, especially in the case of emerging market economies such as India. The 2020-21 PLFS report – it …

TMSEp194: Job announcement, food delivery apps, markets, economy categories
2 years, 6 months ago

TMSEp194: Job announcement, food delivery apps, markets, economy categories

Business Standard  

Amid fears that India’s demographic dividend may turn into a demographic threat after years of high unemployment rates, Prime Minister Narendra Modi on Tuesday announced to recruit 10 lakh people in different Central government ministries and departments in the next 18 months. On Monday, it asked food business operators like Zomato and Swiggy to submit a proposal on improving their …

Unemployment rate decreasing in India: CMIE
2 years, 9 months ago

Unemployment rate decreasing in India: CMIE

The Hindu  

Unemployment rate in the country is decreasing with the economy slowly returning to normal, according to CMIE data. The Centre for Monitoring Indian Economy's monthly time series data revealed that the overall unemployment rate in India was 8.10% in February 2022, which fell to 7.6% in March. Retired professor of economics at Indian Statistical Institute Abhirup Sarkar said that though …

Unemployment rate goes down in India: CMIE
2 years, 9 months ago

Unemployment rate goes down in India: CMIE

India TV News  

Highlights The unemployment rate in the country is decreasing with the economy slowly returning to normal: CMIE Overall unemployment rate fell from 8.10% in February 2022 to 7.6% in March Decrease in the ratio shows that the economy is getting back on track after being hit by Covid19 The unemployment rate in the country is decreasing with the economy slowly …

The era of an unemployed India
2 years, 9 months ago

The era of an unemployed India

The Hindu  

Reports on and the visuals of the recent agitations by railway job applicants reveal a widespread problem of massive job insecurity among India’s youth. One such index is the downward pressure unleashed by the influx of overqualified youth aspiring for middle and lower rung government jobs, which, despite their modest pay, are highly coveted given the greater job security ascribed …

Whither unemployment benefits
2 years, 9 months ago

Whither unemployment benefits

The Hindu  

Even before COVID-19, the unemployment rate touched a peak in 2017-18 at 6.1%. As per the Centre For Monitoring Indian Economy, the average urban unemployment rate remained higher at 9.04% in 2021 and above 7% in January-February 2022. However, under the Employees’ State Insurance Act, 1948, the Rajiv Gandhi Shramik Kalyan Yojana provides unemployment allowance to involuntarily unemployed insured persons …

India's unemployment rate drops to 6.57% in Jan, lowest since March 2021: CMIE
2 years, 11 months ago

India's unemployment rate drops to 6.57% in Jan, lowest since March 2021: CMIE

India Today  

India's unemployment rate has fallen to 6.57 per cent in January, which is the lowest since March 2021, as the country gradually recovers with the easing of restrictions following a decline in Omicron cases, according to the Centre for Monitoring Indian Economy. In December, the unemployment rate stood at 7.91 per cent, with urban at 9.30 per cent and rural …

Rahul Gandhi's two India attack on Modi govt on jobs & wealth, says rich-poor divide increasing
2 years, 11 months ago

Rahul Gandhi's two India attack on Modi govt on jobs & wealth, says rich-poor divide increasing

India Today  

There are two Indias - one for the ultra rich and one for the rest, Congress leader Rahul Gandhi said in Lok Sabha on Wednesday. "Another India is for poor people and the divide between two Indias is widening," Rahul Gandhi said. The one they had has disappeared," Rahul Gandhi said, adding that in 2021, 3 crore youth lost their …

A hazy picture on employment in India
2 years, 11 months ago

A hazy picture on employment in India

The Hindu  

The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. Also, the unemployment rate in the female labour force in rural areas is far lower than the male labour force, whereas the opposite holds true in urban areas. This is despite the fact that the …

India economy projected to grow 8% in coming fiscal year
2 years, 11 months ago

India economy projected to grow 8% in coming fiscal year

Associated Press  

NEW DELHI — India’s economy is projected to grow 8% to 8.5% in the financial year beginning April 1, signaling a strong recovery after it was slammed by the COVID-19 pandemic. The government’s annual economic survey, released Monday, comes a day before Finance Minister Nirmala Sitharaman is due to present the national budget for the 2022-23 fiscal year. The survey …

Explained: How India's growing job crisis frustrates its youth
2 years, 11 months ago

Explained: How India's growing job crisis frustrates its youth

India Today  

Srijan Upadhyay supplied fried snacks to small eateries and roadside stalls in the poor eastern Indian state of Bihar before Covid-19 lockdowns forced most of his customers to close down, many without paying what they owed him. Read | The Great Resignation: Why are so many people quitting jobs ‘NOT ENOUGH JOBS FOR US’ "There are not enough jobs for …

Unemployment rate hits 4-month high in December amid Covid surge
3 years ago

Unemployment rate hits 4-month high in December amid Covid surge

India Today  

India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian Economy showed on Monday. The unemployment rate rose to 7.9% in December from 7.0% in November, its highest since 8.3% in August. Read | GDP at record high but unemployment continues to rise Urban unemployment rate rose to 9.3% in December from 8.2% in …

Unemployment rate declines in Telugu states
3 years, 2 months ago

Unemployment rate declines in Telugu states

Deccan Chronicle  

Visakhapatnam: The unemployment rate fell in Telugu-speaking states – Andhra Pradesh and Telangana in the latest October after witnessing a surge during the peak Covid19 period in months like May and June this year, compared with India's rate. The unemployment rate was worst in states Rajasthan and Haryana, which touched nearly 30% while lowest in the states like Odisha, Karnataka, …

South Africa’s unemployment rate is now highest in the world
3 years, 4 months ago

South Africa’s unemployment rate is now highest in the world

Al Jazeera  

The unemployment rate, which includes people who have stopped looking for work, rose to 44.4 percent in the second quarter. South Africa’s unemployment rate surged to the highest on a global list of 82 countries monitored by Bloomberg. The jobless rate rose to 34.4% in the second quarter from 32.6% in the three months through March, Statistics South Africa said …

Unemployment rate rises sharply in rural areas: CMIE data
3 years, 5 months ago

Unemployment rate rises sharply in rural areas: CMIE data

India Today  

The unemployment rate has spiked in rural areas across the country, rising from 6.75 per cent in the week ended July 25, according to fresh data from the Centre for Monitoring Indian Economy. Urban unemployment rose to 8.01 per cent in the week ended July 25, rising marginally from 7.94 per cent a week ago. Read | Urban unemployment touched …

Urban unemployment touched 21% in April-June quarter last year: Centre
3 years, 5 months ago

Urban unemployment touched 21% in April-June quarter last year: Centre

India Today  

Unemployment rate touched 20.8 per cent in urban India in the April-June 2020 quarter, Union Labour Minister Bhupender Yadav told Parliament on Monday. "As per the Periodic Labour Force Survey quarterly bulletin April-June 2020, the quarterly unemployment rate, as per Current Weekly Status in urban areas for persons of age 15 years and above in the country to the extent …

Over a crore Indians lost their jobs in second COVID-19 wave, income declined in 97% families: CMIE
3 years, 7 months ago

Over a crore Indians lost their jobs in second COVID-19 wave, income declined in 97% families: CMIE

Firstpost  

The unemployment rate measured is likely to increase to 12 percent at the end of May, as against 8 percent in April, said CMIE chief executive Mahesh Vyas Mumbai: Over 10 million Indians have lost their jobs because of the second wave of COVID-19, and around 97 percent of households’ incomes have declined since the beginning of the pandemic last …

Unemployment rate rises as Covid-19 returns to haunt Indian economy
3 years, 8 months ago

Unemployment rate rises as Covid-19 returns to haunt Indian economy

India Today  

Fresh restrictions imposed in different parts of the country due to the second Covid-19 wave could lead to job losses, similar to what was witnessed in 2020. The unemployment rate touched 8.6 per cent for the week ending April 11, from just 6.7 per cent two weeks ago, according to fresh data released by CMIE. Read | Covid-19: Over 9 …

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