India’s February jobless rate climbed to 7.2%: CMIE
6 years ago

India’s February jobless rate climbed to 7.2%: CMIE

Live Mint  

New Delhi: The unemployment rate in India rose to 7.2% in February 2019, the highest since September 2016, and up from 5.9% in February 2018, according to data compiled by the Centre for Monitoring Indian Economy that was released on Tuesday. The unemployment rate has climbed despite a fall in the number of job seekers, Mahesh Vyas, head of the Mumbai-based think tank told Reuters, citing an estimated fall in the labour force participation rate. The figures that were witheld in December were leaked to a local newspaper a few weeks ago, and showed that India’s unemployment rate rose to its highest level in at least 45 years in 2017/18. A CMIE report released in January said nearly 11 million people lost jobs in 2018 after the demonetisation of high value notes in late 2016 and the chaotic launch of a new goods and services tax in 2017, hit millions of small businesses.

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History of this topic

3.7 lakh registered jobless youth in J&K, says minister
1 week, 2 days ago

3.7 lakh registered jobless youth in J&K, says minister

Hindustan Times  

The Jammu and Kashmir government on Tuesday informed the legislative assembly that it has no plans to provide stipend to unemployed youth in the union territory. Responding to a question of BJP MLA from Samba, Devinder Kumar Manyal, minister in-charge labour and employment Surinder Choudhary said there was no such plan. Choudhary, however, said that all the departments refer their …

As Haryana CM Nayab Singh Saini lists his govt’s feats, Congress stages walks out
2 weeks ago

As Haryana CM Nayab Singh Saini lists his govt’s feats, Congress stages walks out

Hindustan Times  

Haryana chief minister Nayab Saini on Thursday said the state’s unemployment rate stood at 4.7 % as per the October-December 2024 quarterly report of the Periodic Labour Force Survey, released by the Central government. Haryana chief minister Nayab Saini, who was replying to the discussion on the Governor’s address in the state assembly on Thursday, said the national unemployment rate, …

Income levels of salaried class in India have stagnated in recent years
2 weeks, 2 days ago

Income levels of salaried class in India have stagnated in recent years

The Hindu  

Last week, Niti Aayog member Arvind Virmani said in an interview that while employment is increasing, real wages for regular salaried jobs have not kept up with inflation over the last seven years. An analysis of the earnings data for salaried workers, casual labourers, and self-employed persons from Periodic Labour Force Survey reports shows that when adjusted for inflation, wages …

Unemployment rate edges higher to 4.1 per cent in January as workforce participation hits record high
1 month, 1 week ago

Unemployment rate edges higher to 4.1 per cent in January as workforce participation hits record high

ABC  

Australia's unemployment rate rose slightly to 4.1 per cent in January, from 4 per cent in December, as more people looked for a job or found work. "The rises in both the number of people employed and unemployed saw the participation rate rise by 0.1 percentage point, to a new record high," ABS head of labour statistics Bjorn Jarvis said. …

Slight dip in unemployment rate in urban areas: survey
1 month, 1 week ago

Slight dip in unemployment rate in urban areas: survey

The Hindu  

The unemployment rate in the urban areas of the country was 6.4% for the period of October to December 2024 for persons of age 15 years and above, according to the Periodic Labour Force Survey released by the Ministry of Statistics and Programme Implementation in New Delhi on Tuesday. Last year, during the same quarter, unemployment rate for ages above …

Urban unemployment eases to 6.4% in Q3 FY2025: NSSO
1 month, 1 week ago

Urban unemployment eases to 6.4% in Q3 FY2025: NSSO

Live Mint  

India’s urban unemployment rate for individuals aged 15 and above declined to 6.4% in the October-December quarter, down from 6.5% in the year-ago period, according to data released by the National Sample Survey Office on Tuesday. The urban unemployment rate stood at 5.8% for men and 8.1% for women in the October-December 2024 quarter, according to the PLFS report released …

Unemployment rate dips to 6.4 pc in December quarter: Survey
1 month, 1 week ago

Unemployment rate dips to 6.4 pc in December quarter: Survey

Live Mint  

New Delhi, Feb 18 The unemployment rate for people aged 15 years and above in urban areas dipped to 6.4 per cent in the October-December quarter, according to the National Sample Survey Survey. In the preceding July-September quarter of FY25, the rate of unemployment for people aged 15 years and above in urban areas was at the same level of …

India’s central bank needs reliable and frequent employment data as a policy input
1 month, 3 weeks ago

India’s central bank needs reliable and frequent employment data as a policy input

Live Mint  

With a new governor at the helm, the Reserve Bank of India’s monetary policy stance will be watched very closely this time. This series could be a useful input for the central bank’s policy decisions in the months and years to come. When the MPC starts using labour market data to inform policy decisions, it would create a healthy feedback …

Can the budget unlock labour market potential?
1 month, 3 weeks ago

Can the budget unlock labour market potential?

Hindustan Times  

India’s labour market has made notable strides in recent years, bolstered by a strong post-pandemic recovery and increased formalisation of employment. One of the primary concerns is the stagnation of salaried employment, which suggests weaker demand for skilled labour or slower expansion in the industrial and service sectors, both essential for long-term economic growth. The substantial ₹38,000 crore allocation to …

Hiding in labour data, a tale of economic distress
2 months ago

Hiding in labour data, a tale of economic distress

Hindustan Times  

The recent statements by the Union labour minister Mansukh Mandaviya rightly suggest that the labour force participation rate is up and the unemployment rate is down based on data from the Periodic Labour Force Survey. Not just that, this tide of apparent job creation has managed to push the female labour force participation rate up since 2017-18, reversing the earlier …

Delhi Paradox: Low Unemployment Rate But No Jobs for Women, Informal Workers?
2 months, 1 week ago

Delhi Paradox: Low Unemployment Rate But No Jobs for Women, Informal Workers?

The Quint  

“We don’t want any freebies. Instead, give us decent-paying jobs with social security,” said Arvind Kumar, who works as a civil contractor in Delhi’s Burari. Although Delhi boasts of one of the lowest youth unemployment rates in the country— 4.6 percent as compared to India’s average of 10.2 percent in the June 2023 to July 2024 period — the situation …

Stop inane and diversionary debates, and focus on what really matters
3 months, 1 week ago

Stop inane and diversionary debates, and focus on what really matters

New Indian Express  

I am neither an economist nor a financial expert, but I feel a perfect storm is brewing in the Indian economy. The worker-to-population ratio has declined from 38.6 per cent in 2011-12 to 37.3 per cent in a decade. Now, seeing that many fresh graduates, even from professional colleges, are starting their careers with salary packages that would have been …

Centre plans monthly data on job creation, unemployment, say officials
3 months, 2 weeks ago

Centre plans monthly data on job creation, unemployment, say officials

Hindustan Times  

Official data on job creation and unemployment will be available every month, likely from April next year, as the government has approved a proposal to increase the frequency of the Periodic Labour Force Survey, the statistics ministry’s quarterly assessment of the labour market, two officials have said. Besides PLFS-based urban-jobs data on a three-monthly basis, the ministry currently also publishes …

Unemployment among Telangana youth declines
3 months, 4 weeks ago

Unemployment among Telangana youth declines

Deccan Chronicle  

Hyderabad: Unemployment among Indian youth aged 15 to 29 has shown a slight decline in recent months. The National Labour Force Survey's quarterly report for July-September 2024 indicates a decrease in the unemployment rate from 22.9% to 18.1%. The high unemployment rate among the youth played a pivotal role in the party's electoral setback. The Labour Force Survey for 2022-23 …

Youth unemployment in India at 10.2%, says Union Labour minister
4 months 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
4 months, 1 week 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
4 months, 1 week 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
6 months 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%
6 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 …

Job Creation Seems Better Than Before but What About Quality and Sustainability?
7 months, 3 weeks 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 …

Unemployment edges up despite more than 50,000 extra jobs amid population and participation growth
8 months, 1 week ago

Unemployment edges up despite more than 50,000 extra jobs amid population and participation growth

ABC  

Australia's unemployment rate has continued to edge higher, despite the creation of about 50,000, mostly full-time, jobs. "The participation rate in June was only 0.1 percentage point lower than the historical high of 67.0 per cent in November 2023," he noted. "This, along with the continued high level of job vacancies, suggests the labour market remains relatively tight, despite the …

Centre questions Citigroup’s report on employment in India
8 months, 2 weeks 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
8 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 …

Job creation, skill training should be new govt’s top priorities
9 months, 3 weeks ago

Job creation, skill training should be new govt’s top priorities

New Indian Express  

Joblessness and inflation were the key concerns of the electorate at the 2024 parliamentary elections. The latest Periodic Labour Force Survey, with numbers for the January-March 2024 quarter, shows unemployment—especially youth unemployment—and underemployment are indeed very high in a country where the labour force participation rate is just about 50 per cent. The PLFS shows that the unemployment rate in …

Urban unemployment rate at 6.7% in quarter ending March 2024 : NSSO data
10 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
10 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 …

Jobless rate rises to highest for nearly a year, figures show
10 months, 2 weeks ago

Jobless rate rises to highest for nearly a year, figures show

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “At the same time the steady decline in the …

US weekly jobless claims hit highest level since August of 2023, though job market is still hot
10 months, 2 weeks ago

US weekly jobless claims hit highest level since August of 2023, though job market is still hot

Associated Press  

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week, another indication that the red hot U.S. labor market may be softening. Though last week’s claims were the most since the final week of August 2023, it’s still a relatively low number of layoffs and not cause for concern. Weekly …

Does the surprise fall in unemployment mean the Albanese government's 'full employment' ambitions are working?
1 year ago

Does the surprise fall in unemployment mean the Albanese government's 'full employment' ambitions are working?

ABC  

The unemployment rate fell to 3.7 per cent in February, from 4.1 per cent in January. Government releases new definition of 'full employment' Photo shows Federal Treasurer Jim Chalmers speaking to media The federal government releases new a definition of "full employment" to reflect the modern labour market, saying it needs to be conscious of underemployment. The RBA thinks we'll …

Unemployment rate in urban areas falls to 6.50 per cent in Q3
1 year, 1 month 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 …

What job data says about the economy
1 year, 3 months ago

What job data says about the economy

Hindustan Times  

The decade beginning in 2000 was one of the best as far as the Indian economy’s growth prospects were concerned. PREMIUM New Delhi, India - Feb. 16, 2018: Candidates apply for jobs at 'Job Fair' organized by Directorate of Employment, Delhi Government at Tyagraj Sports Complex in New Delhi, India, on Friday, February 16, 2018. However, headline employment numbers from …

Himachal Pradesh Tops Unemployment Chart in July-Sept: Labour Survey
1 year, 3 months 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, 3 months 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, 5 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, 5 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 declined, says Centre’s survey
1 year, 5 months ago

Unemployment rate declined, says Centre’s survey

The Hindu  

The Periodic Labour Force Survey, carried out by the National Sample Survey Office, has reported that the unemployment rate in the country has shown a decrease between April and June 2023. The LFPR in urban areas increased from 47.5% in April-June 2022 to 48.8% in April-June 2023 for persons of age 15 years and above. The WPR in urban areas …

‘Grim news’: Shashi Tharoor reacts to study on unemployment rate
1 year, 6 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, 7 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, 8 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 …

Unemployment rate falls unexpectedly as number in work hits record high
1 year, 9 months ago

Unemployment rate falls unexpectedly as number in work hits record high

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Britain’s unemployment rate has fallen …

UK unemployment rises unexpectedly as economic outlook weighs on jobs market
1 year, 11 months ago

UK unemployment rises unexpectedly as economic outlook weighs on jobs market

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. But the figures also showed a rise in the …

US jobless claims rise but remain at historically low levels
1 year, 11 months ago

US jobless claims rise but remain at historically low levels

Associated Press  

U.S. applications for jobless benefits rose to their highest level in more than a year, but remain at relatively low levels despite efforts by the Federal Reserve to cool the economy and job market in its battle against inflation. Jobless claims in the U.S. for the week ending April 8 rose by 11,000 to 239,000 from the previous week, the …

US adds 311,000 jobs in February, unemployment at 3.6 percent
2 years ago

US adds 311,000 jobs in February, unemployment at 3.6 percent

Al Jazeera  

The US economy added jobs at a solid clip in February, likely ensuring that the Federal Reserve will raise interest rates for longer, though wage inflation showed signs of cooling. Nonfarm payrolls increased by 311,000 jobs last month, the labour department’s closely watched employment report showed on Friday. Data this week showed there were 1.9 job openings for every unemployed …

Urban unemployment rate falls to 7.2% in October-December 2022: Report
2 years, 1 month ago

Urban unemployment rate falls to 7.2% in October-December 2022: Report

Hindustan Times  

According to a report by the National Sample Survey, the unemployment rate for people over the age of 15 in urban areas has dipped to 7.2% in 2022 from 8.7% the previous year during the months from October to December. The period from July-September in 2022 also saw the UR remaining steady at 7.2% The 17th Periodic Labour Force Survey …

India's unemployment rate rises to 8.30% in December, highest in 16 months: Report
2 years, 2 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
2 years, 3 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, 4 months 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, 5 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, 5 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, 5 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 …

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