Unemployment declines further to 6.8% in Q4 FY23: PLFS

Unemployment declines further to 6.8% in Q4 FY23: PLFS

A better than expected economic activity in the fourth quarter and a strong services sector-led growth contributed to urban unemployment declining further to 6.8% from 7.2% in the previous quarter. The unemployment rate for both males and females aged 15 years and above declined to 6.8% in Q4FY23, way below 8.2% during a similar period … Read more

Unemployment rate stood at 4.8% in FY20: Rameswar Teli

Unemployment rate stood at 4.8% in FY20: Rameswar Teli

The rate of unemployment in India for persons 15 years and above stood at 6%, 5.8% and 4.8% respectively for 2017-18, 2018-19 and 2019-20, minister of state for labour and employment Rameswar Teli said. “The government of India has taken a number of initiatives for promoting employment generation in the country,” the minister said in … Read more

View: The new barometer of India’s economy fails to reflect the deprivations of poor households

View: The new barometer of India’s economy fails to reflect the deprivations of poor households

India’s statistical system is in bad shape. One aspect of this is the paucity of national household surveys. The National Sample Survey’s (NSO) latest consumption survey, ignoring the suppressed 2017-18 round, goes back to 2011-12. The District Level Household Surveys and Annual Health Surveys have not been heard of since 2013. The latest National Family … Read more

Unemployment rate in urban areas for Jan-Mar 2020 rose to 9.1%

Unemployment rate in urban areas for Jan-Mar 2020 rose to 9.1%

New Delhi: Unemployment in urban areas rose to 9.1% in January-March 2020 from 7.9% in October-December 2019 from 8.4% in the previous quarter, data released by the Ministry of Statistics and Programme Implementation in the quarterly bulletin of the Periodic Labour Force Survey (PLFS) showed on Thursday. Urban unemployment was 9.3% in the March quarter … Read more