At 6.80%, unemployment rate in India lowest in 6 months: Report
2 years, 4 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 in July to 8.21% against 7.30% in June, a pattern hinting that this growth may only be a short term relief for India. CMIE had earlier reported that the total employment in India fell to 390 million in June 2022, the lowest record since July last year.

India Cmie  monsoon  months  680  month  rate  lowest  reported  pattern  normal  unemployment  report  india  rural

History of this topic

Youth unemployment in India at 10.2%, says Union Labour minister
4 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 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 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 …

FY24 unemployment rate unchanged at 3.2%
3 months 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
5 months, 2 weeks 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, 1 week 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 …

India’s silent youth crisis: College-educated but poorer than a farm hand
7 months, 1 week ago

India’s silent youth crisis: College-educated but poorer than a farm hand

Al Jazeera  

Two-thirds of India’s unemployed youth are educated — a fraction which has doubled since 2000. “My friends keep mocking me, saying even uneducated workers at corner shops earn more than I do,” Sawale says. “They are educated but have to toil just like we do.” A degree in vain Nearly 100km away, in Ralegaon town, this reality defines 27-year-old Sidhant …

Unemployment rate in urban areas falls to 6.50 per cent in Q3
10 months, 1 week 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 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 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, 2 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 …

Unemployment rate dips in India
1 year, 4 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 …

Indian job market to see 22% churn in 5 yrs; AI, machine learning among top roles: WEF
1 year, 7 months ago

Indian job market to see 22% churn in 5 yrs; AI, machine learning among top roles: WEF

The Hindu  

The Indian job market is estimated to witness 22% churn over the next five years, with top emerging roles coming from AI, machine learning and data segments, a new study showed on May 1. Globally, the job market churn is estimated at 23%, with 69 million new jobs expected to be created and 83 million eliminated by 2027, the World …

Employment recovers beyond pre-Covid level: Economic Survey 2022-23 | DETAILS
1 year, 10 months ago

Employment recovers beyond pre-Covid level: Economic Survey 2022-23 | DETAILS

India TV News  

Economic Survey 2022-23: According to Economic Survey 2022-23 tabled in the Parliament on Tuesday, the labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years. Unemployment rate declined to 7.2 Quarterly urban employment data shows progress beyond pre-pandemic levels as the unemployment rate declined from 8.3 per cent in July-September 2019 to 7.2 per cent …

Despite India's economic growth, few jobs and meagre pay for urban youth
1 year, 11 months ago

Despite India's economic growth, few jobs and meagre pay for urban youth

The Hindu  

Ravi Verma, hired by an electrical parts manufacturing firm early last year as India’s economy surged, was fired in November when the company lost several export orders. “I face a risk of loan default if I don’t get a job soon.” The urban unemployment rate swelled to 10.1% in December, although the total number of jobs in India touched a …

India's unemployment rate rises to 8.30% in December, highest in 16 months: Report
1 year, 11 months 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
1 year, 11 months 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 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 …

Sharp drop in jobless rate
2 years, 2 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, 2 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, 2 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 …

Joblessness below pre-COVID levels: Finance Ministry
2 years, 3 months ago

Joblessness below pre-COVID levels: Finance Ministry

The Hindu  

Demand for work under the national rural employment guarantee scheme hit a two-year low in August, signalling that the recovering economy is creating more jobs in rural as well as urban India, the Union Finance Ministry said on Saturday. India’s inflation, the Ministry said, is “in control” and expected to moderate in coming months from the 7% mark in August …

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, 3 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, 3 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, 4 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 …

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 …

Employment rate increasing in July after steep fall in June: CMIE
2 years, 5 months ago

Employment rate increasing in July after steep fall in June: CMIE

Firstpost  

CMIE said India’s June 2022 labour statistics had been highly disappointing. Employment fell by 13 million from 404 million in May 2022 to 390 million in June 2022 Kolkata: After witnessing a steep fall in the employment rate in June 2022, economic think-tank Centre for Monitoring Indian Economy has estimated that the trend has been reversing in the current month. …

India’s June employment data lowest in last one year: CMIE
2 years, 5 months ago

India’s June employment data lowest in last one year: CMIE

Live Mint  

India’s employment fell the most in a non-lockdown period, in June, likely as patchy monsoon rains delayed the deployment of agriculture labor in rural areas. Overall, employment fell by 13 million to 390 million in June, against a gain of 8 million jobs in April and May, according to CMIE data. While around 13 million lost jobs during the month, …

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 …

Govt announces 10 lakh jobs: Defence, railways to have max recruitments
2 years, 6 months ago

Govt announces 10 lakh jobs: Defence, railways to have max recruitments

India Today  

Unemployment, a bane for Indians, has been rising year on year and now the Central government has decided to take it head on. 8.7 LAKH VACANCIES IN VARIOUS MINISTRIES The figure 8.7 lakh vacancies came to the forefront when the government earlier this year told the Parliament about vacant posts in central government departments. Now to tackle the massive issue …

Joblessness on the rise in India
2 years, 7 months ago

Joblessness on the rise in India

The Hindu  

After many years of refusing to recognise there is a jobs crisis in India, the government of India, faced with relentless data to the contrary, has now resorted to misinformation. As compared to the 8% per annum GDP growth in the period 2004-14, and 7.5 million new non-farm jobs created each year over 2005 to 2012, the number of new …

Unemployment rate decreasing in India: CMIE
2 years, 8 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, 8 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, 8 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, 10 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 …

A hazy picture on employment in India
2 years, 10 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, 10 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, 10 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
2 years, 11 months 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, 1 month 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, …

GDP at record high but unemployment continues to rise
3 years, 3 months ago

GDP at record high but unemployment continues to rise

India Today  

Unemployment in the country continues to rise even as all indicators of growth including gross domestic product indicate rapid economic recovery. The latest unemployment rate data released by the Mumbai-based think-tank Centre for Monitoring Indian Economy show that 1.5 million people or 15 lakh people lost jobs in August. The latest unemployment data released indicates that employment gains made in …

Data | In July, more than 65% consumers believe their incomes have reduced: RBI survey
3 years, 4 months ago

Data | In July, more than 65% consumers believe their incomes have reduced: RBI survey

The Hindu  

The RBI's July edition of the consumer confidence survey shows that urban Indians are still highly pessimistic about employment opportunities, though their confidence has marginally improved since May when the second COVID-19 wave was at its peak. Thus, consumers believe that while the employment scenario has improved a little compared to the time when the second COVID-19 wave was at …

Unemployment rate rises sharply in rural areas: CMIE data
3 years, 4 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 …

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