Unemployment Survey In india by Labour Bureau
According to the latest annual household
survey on employment conducted by Labour Bureau, jobless economic growth
continues to haunt India’s youth, with the country’s unemployment rate rising
to a five-year high of five per cent in 2015-16.
Highlights of the report:
- India’s unemployment rate stood at
4.9% in 2013-14, 4.7% in 2012-13 and 3.8% in 2011-12.
- Female job seekers were the worst
hit as the pace of unemployment rose sharply to 8.7% in 2015-16 compared
to 7.7% in 2013-14.
- While unemployment rate in rural
areas rose to 5.1% in 2015-16 from 4.7% in 2013-14, it declined to 4.9%
from 5.5% in urban areas during the same period.
- The annual survey also showed that
47.8% of the surveyed population was reported to be employed in 2015-16
compared with 49.9% (also known as worker population ratio) two years
earlier when the previous survey was conducted by the Labour Bureau, under
the Ministry of Labour and Employment.
- The survey also shows that fewer
households benefited from various employment schemes of the government in
2015-16. For instance, the benefits of Mahatma Gandhi National Rural
Employment Guarantee Act scheme were availed by 21.9% households compared
to 24.1% households in 2013-14.
- The survey showed a decline in the proportion of self-employed and salaried workers and a rise in contractual employment.
