NSSO data confirms India's jobs crisis: Unemployment at 45-year high of 6.1%, way out is to make economy grow
5 years, 11 months ago

NSSO data confirms India's jobs crisis: Unemployment at 45-year high of 6.1%, way out is to make economy grow

Firstpost  

The problem of unemployment is very serious and the only way to go ahead is to make the economy grow which happens gradually over time. The Business Standard report has focused on the unemployment rates among men and women youth in both urban and rural areas, which does require an explanation as it is quite deep-rooted and scary. The report says that male youth had unemployment rate of 17.4 percent and 18.7 percent in rural and urban areas, while women youth had rates of 13.6 percent and 27.2 percent respectively in 2017-18. Therefore, the problem of unemployment is very serious and the only way to go ahead is to make the economy grow which happens gradually over time.

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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 …

India’s cities, expanding hubs of precarious employment
2 months, 1 week ago

India’s cities, expanding hubs of precarious employment

The Hindu  

Abhishek is just 25 years old. Precarious nature of work in urban India In recent decades, there have been fundamental shifts in India’s urban workforce and city development. Moreover, 92% of the 61 million jobs created after the economic liberalisation of 1991 were informal, indicating the precarious state of employment in India’s labour market. Structural imbalances favour organisations that control …

FY24 unemployment rate unchanged at 3.2%
3 months, 3 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 …

Lack of industries in Bihar push youth to vie for government jobs
4 months, 3 weeks ago

Lack of industries in Bihar push youth to vie for government jobs

The Hindu  

“Karo to sarkari naukari, nahi to becho tarkari”, says Ranjeet Kumar, an unemployed youth, who, along with two female companions, spend three hours at a community park in Rajendra Nagar in Patna every evening to prepare for government jobs. “Here in the park, there is a peaceful atmosphere to hold group discussions, which help us prepare better for the job,” …

Were eight crore new jobs created in three years?
4 months, 3 weeks ago

Were eight crore new jobs created in three years?

The Hindu  

Employment, or the lack of it, has been a major issue of debate among economists and policy makers in India in recent years. Tailing this claim, the research team of the State Bank of India published a validating report that claimed a match between the total number of workers in the India-KLEMS database and in the NSSO’s Annual Survey of …

Job Creation Seems Better Than Before but What About Quality and Sustainability?
5 months, 1 week ago

Job Creation Seems Better Than Before but What About Quality and Sustainability?

The Quint  

India's job market landscape presents a complex narrative, characterised by both positive indicators and underlying anxieties. The Reserve Bank of India recently published 'Measuring Productivity at the Industry Level-The India KLEMS Database,' providing data on employment trends across 27 key industries in India. The database, spanning FY 1980-81 to 2022-23 aims to provide critical data points on economic output, worker …

Jobs Creation, Agri Push, Skill Development, MSME Support: Govt Unveils Key Policy Focus Areas
5 months, 3 weeks ago

Jobs Creation, Agri Push, Skill Development, MSME Support: Govt Unveils Key Policy Focus Areas

News 18  

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-24 in Parliament, setting the stage for the Union Budget 2024-25. Skill Gap Challenge The Economic Survey 2023-24 said 65 per cent of India’s fast-growing population is under 35, and many lack the skills needed by a modern economy. In India, the government has been paying focused attention to enabling …

India Needs to Create 148 mn Additional Jobs by 2030
6 months ago

India Needs to Create 148 mn Additional Jobs by 2030

Deccan Chronicle  

Chennai: India’s transformation from a rural-based economy to a services-led economy is incomplete. As the population continues to grow, India will need to create up to an additional 148 million jobs by 2030 and 324 million jobs by 2050, finds the IMF. “We find that India will need to create 148 million jobs by 2030 and 324 million by 2050 …

Centre questions Citigroup’s report on employment in India
6 months ago

Centre questions Citigroup’s report on employment in India

The Hindu  

The Union Labour Ministry questioned the findings of a report prepared by the United States-based banking giant Citigroup and said the group failed to account for the “comprehensive and positive employment data” available from official sources such as the Periodic Labour Force Survey and the Reserve Bank of India’s capital, labour, energy, material and services data. The Citigroup’s report had …

Labour ministry rebuts Citigroup's research report on employment in India
6 months, 1 week 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 …

India won't be able to create enough jobs over next decade even if economy grows 7%: Citigroup
6 months, 1 week ago

India won't be able to create enough jobs over next decade even if economy grows 7%: Citigroup

Hindustan Times  

India will struggle to create enough jobs for its growing workforce over the next decade even if the economy grows at a rapid pace of 7%, Citigroup Inc. said, suggesting the world’s most-populous nation will need more concerted steps to boost employment and skills. India will struggle to create enough jobs for its growing workforce over the next decade even …

Urban unemployment rate at 6.7% in quarter ending March 2024 : NSSO data
7 months, 4 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 …

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

Navigating unemployment challenges: Insights and strategies
8 months, 2 weeks ago

Navigating unemployment challenges: Insights and strategies

Hindustan Times  

Unemployment remains one of the most pervasive and multifaceted issues plaguing India's socio-economic landscape. Structural bottlenecks and informal economy dominance: India's economic structure, characterised by a large informal sector and bureaucratic red tape, stifles formal job creation. Flexible labour regulations can encourage formal employment, attract investment, and promote job creation, while ensuring adequate social protection for workers. Promoting export-oriented industries …

How to create more jobs for India’s educated youth | In Focus podcast
9 months, 1 week ago

How to create more jobs for India’s educated youth | In Focus podcast

The Hindu  

The India Employment Report 2024, released recently by the International Labour Organisation, paints a grim picture. The news is particularly bad on two critical counts: joblessness is particularly high among the youth, and its worse for the educated youth. According to the report, India’s youth account for 83% of the unemployed workforce, with the share of the educated youth among …

Unemployment rate in urban areas falls to 6.50 per cent in Q3
11 months 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 …

India’s jobs crisis, the macroeconomic reasons
1 year ago

India’s jobs crisis, the macroeconomic reasons

The Hindu  

There are many indications everywhere that India continues to be going through a jobs crisis. Employment growth rate is determined by the relative strength of two factors — the output growth rate and the labour productivity growth rate. If labour productivity growth rate does not change, higher output growth rate increases employment growth rate. On the other hand, if labour …

Hiring in India: 37% employers planning to increase staff strength by 2024 March
1 year, 1 month ago

Hiring in India: 37% employers planning to increase staff strength by 2024 March

Live Mint  

India has one of the strongest hiring sentiments in the world over the next three months, with 37 percent of businesses planning to increase their staff levels in response to strong domestic demand, a report has stated. As per the survey, India and the Netherlands reported strongest net employment outlooks at 37 percent, followed by Costa Rica and the US …

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, 3 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 …

Labour and its discontents
1 year, 3 months ago

Labour and its discontents

Hindustan Times  

There is a widespread consensus that employment generation is India’s central economic challenge. At one level, it can be argued that failure to reduce the employment share of agriculture is India’s biggest labour market challenge. At another, it can also be argued that the quality of non-agricultural jobs, caste-based inequalities in labour markets and a big gender gap in employment …

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 …

Jobs for the young must be a key policy priority
1 year, 7 months ago

Jobs for the young must be a key policy priority

Hindustan Times  

Economic data published this week turned my attention to economics, economies, and the numbers or statistics that make up the raw material that economists study. But he found that mathematical calculations very often produced wrong results, so preferring to be, as he put it, roughly right rather than absolutely wrong, he joined the World Bank, There, he held senior positions …

Indian job market to see 22% churn in 5 yrs; AI, machine learning among top roles: WEF
1 year, 8 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 …

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 …

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
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 …

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 …

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 …

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, 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, …

Navigating the rapid pace of urbanisation in India
2 years, 4 months ago

Navigating the rapid pace of urbanisation in India

Hindustan Times  

One of the most complex challenges India faces today is the pace and pattern of urbanisation. Three emerging opportunities could be merged: Setting up smart new cities; Leveraging the development of transport corridors for locating new cities, and Revitalising the manufacturing sector by incentivising the locations of manufacturing units in new cities as providers of a lifeline to its residents. …

The Indian economy needs a radical reset
2 years, 4 months ago

The Indian economy needs a radical reset

Live Mint  

Much has been written this past week about our achievements and failures of the past 75 years. To employ the 9 million persons joining the labour force every year and absorb the 89 million backlog of unemployment by 2047 we will need to generate some 12 million additional jobs every year. So the Indian economy will be quite transformed by …

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 …

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. …

'Misled, betrayed, cheated': Rahul Gandhi's dig at PM Modi over unemployment
2 years, 6 months ago

'Misled, betrayed, cheated': Rahul Gandhi's dig at PM Modi over unemployment

India TV News  

Congress leader Rahul Gandhi on Friday attacked Prime Minister Narendra Modi over the issue of joblessness, asking if India's unemployed youth can use "unparliamentary" words -- misled, betrayed and cheated -- "for your lies" of providing two crore jobs every year. The graph showed the percentage of unemployment in the last five years with the poser: "Where are the 2 …

Create more jobs, revamp employment policy
2 years, 6 months ago

Create more jobs, revamp employment policy

The Hindu  

The Government of India has recently announced its plan to create 10 lakh government jobs in the next 18 months. The share of contract workers in total government employment has been increasing rapidly in recent years — from 11.11 lakh in 2017 to 13.25 lakh in 2020 and to 24.31 lakh in 2021. The urban programme should include: basic urban …

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 …

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