
Jobless rate surges to 7.45% in Feb as rural unemployment goes up
Unemployment rate was the highest in Haryana at 29.4%, followed by Rajasthan at 28.3% and Sikkim at 21%.
Unemployment rate was the highest in Haryana at 29.4%, followed by Rajasthan at 28.3% and Sikkim at 21%.
Meanwhile, global unemployment is projected to edge up by around three million in 2023, to reach 208 million, which corresponds to an unemployment rate of 5.8%.
The country's job crisis is structural and systemic; reliance on high growth and manufacturing has simply not worked.
These employees got average wages worth ₹7 lakh; much higher than average salary received by factory employees that’s around ₹3 lakh.
WPR is defined as the percentage of employed persons in the population.
The report says India’s growing socio-economic inequalities are being widely replicated in the digital space.
The unemployment rate in the urban areas stood at 8.96%, the rural areas saw 7.55% unemployment rate in the month.
The unemployment rate in April to June quarter this year stood at 7.6%, according to the data by the 16th periodic labour force survey (PLFS).
Demand for work under MGNREGS was at its lowest in October 2022 in this fiscal so far, signalling a decline in unemployment rate in rural areas, says the ministry.
The unemployment rate surged primarily due to a significant rise in the rural unemployment rate, essentially in non-agricultural rural India.