Unemployment In India

Vijay Vasanth moves adjournment motion to discuss 'unemployment crisis'

Vasanth cited the Periodic Labour Force Survey (PLFS) report and said there has been no substantial improvement in employment between July 2023 and June 2024

6 million new job cards issued under MGNREGS every year, Centre tells LS

Sixty lakh new job cards are issued under the MGNREGS on average every year and the government has no role in the deletion of the job cards which is done based on various parameters, the Centre said on Tuesday. Minister of State for Rural Development Chandra Sekhar Pemmasani told the Lok Sabha that 57 per cent of the rural development budget is allocated for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and asserted that Aadhaar-seeding of the cards enhances transparency. He was responding to Congress leader K C Venugopal, who claimed that the names of 10.43 crore MGNREGS workers have been deleted in the last four years. Venugopal also wanted to know whether the deletions were linked to the Aadhaar-seeding requirement. "Ninety-nine per cent of all job card holders have Aadhaar seeding. Aadhaar seeding is nothing but to increase transparency. It is not an obstacle," the minister said during the Question Hour. According to Pemmasani, the deletion of job car

Over 559,000 aspirants apply for 4,002 police constable posts in J&K

More than 5.59 lakh job aspirants are slated to appear in an examination for 4,002 vacancies of police constables in Jammu and Kashmir, officials said on Saturday. The test is scheduled to commence across the Union Territory from Sunday. A group of youngsters, meanwhile, staged a demonstration here, reiterating their demand for age relaxation and rescheduling of the examination. "A total of 5,59,135 candidates are scheduled to appear in the exams for 4,002 posts of constables (home department) to be held on December 1, December 8 and December 22," Jammu and Kashmir Services Selection Recruitment Board (SSRB) Chairperson Indu Kanwal Chib said at a meeting here. The meeting of the civil administration and police department was convened by Chief Secretary Atal Dulloo to take stock of the preparations made by the deputy commissioners to conduct the exams. Chib said the exams for the posts of constable (executive/armed/SDRF) are going to be held on December 1 at 856 centres across 20 ..

A lasting problem: How can India address its unemployment crisis?

Experts argue that India's economy has not created enough quality jobs to meet the needs of its growing labour force, particularly for young, educated individuals

States call for employment data creation, focused approach for quality jobs

Several states on Monday called for creation of employment data and adoption of a focused approach for creating quality jobs. The suggestions were made at the fifth regional meeting of the Union Ministry of Labour and Employment with all states and Union Territories. The meeting focused on discussions around labour reforms, the e-Shram portal, building and other construction workers (BoCW), and employment generation, reflecting the government's commitment to inclusive development and welfare of all sections of the workforce, the Ministry of Labour & Employment said in a statement. Timely and regular submission of employment returns and job fair details to the Directorate General of Employment through the modules on the National Career Service portal were also discussed, it said. Besides, adopting a consultative and consensual approach to framing state reform was also discussed in the meeting, the ministry said. Union Minister of State for Labour & Employment Sushri Shobha ...

Unemployment rate remains unchanged at 3.2% from July 2023 to June 2024

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. The unemployment rate (UR) is defined as the percentage of persons unemployed among the persons in the labour force. The report stated that while the UR for male has shown a marginal decline from 3.3 per cent during July 2022 June 2023 to 3.2 per per cent during July 2023 June 2024, among female it has increased from 2.9 per cent to 3.2 per cent during the same time span. Labour Force Participation Rate (LFPR) in usual status for persons of age 15 years and above was 60.1 per cent during July 2023 - June 2024 higher than 57.9 per cent in the previous year. The same for male and female was 78.8 per cent and 41.7 per cent, respectively. LFPR is defined as the percentage of persons in labour force (i.e. working or seeking or available for work) in the population. LFPR for female of age 15 year

PM Modi has no vision to tackle unprecedented unemployment crisis: Cong

The Congress on Thursday claimed the country is grappling with an "unprecedented unemployment crisis" and Prime Minister Narendra Modi "has no vision" to tackle this situation and provide employment to the youth. Congress general secretary in-charge communications Jairam Ramesh shared a news article on X that cited a report released by the Bank of Baroda claiming that the growth in employment in the corporate sector slowed to 1.5 per cent in the financial year 2023-24 (FY24) from 5.7 per cent in FY23. "This is another report showing the failure of this government on the economic front. A total of 2.43 lakh jobs have been lost in the country in 2022-23. There has been massive layoffs in 375 companies," Ramesh said in his post in Hindi, citing the report. "The self-proclaimed non-biological Prime Minister talks in a hollow manner about giving two crore jobs every year and creating 80 million jobs every year, but the reality is that the country is grappling with an unprecedented ...

Unemployment rate fell 1.3 percentage points in July amid uptick in hiring

Unemployment rate stood at 7.9% in July, down from 9.2 per cent reported in previous month

Unemployment rate in state down to 6.1%, will further dip: Assam CM Sarma

Assam Chief Minister Himanta Biswa Sarma on Monday claimed that the unemployment rate in the state was gradually declining and stood at 6.1 per cent in the 2023-24 financial year. Sarma said the BJP's one of the major election promises as well as governance focus was to reduce unemployment and give the youths of the state ample growth opportunities. "After 3 years, the statistics speak for itself; unemployment is down to 6.1% and will further dip in the coming days when the results of our policy interventions will start to show up. "We are always committed to the youth of Assam!" he said in a post on X. In a graphic analysis uploaded along with the post, the CM said the unemployment ratio was 8 per cent in 2022-23. "State government's proactive policies have ensured that Assam's youths are engaged in meaningful employment," he added. He, however, did not share the details if these new jobs were created in the public sector or private entities. Sarma further said that the governm

Unemployment rate will drop below 3%, no concern for job losses: Mandaviya

Union Labour Minister Mansukh Mandaviya assured the Lok Sabha that employment generation efforts by Prime Minister Narendra Modi has led to significant reduction in the unemployment rate

10 mn youth to get internships at top companies over next 5 yrs: Mandaviya

Mandaviya applauded Union Budget and said that first budget under PM Modi's third term is aimed at increasing employment, supporting middle class, and boosting growth rate of country's economy

11% increase in US dollar withdrawals in India since May 2023: Report

Software engineers, consultants made the most such withdrawals in 18 countries, says payroll company Deel

Budget 2024: Unemployment rate among females is higher than males

More vocational and technical training is available but over two-third of the working age population has received none

India put up tariff walls. To revive factories, it must bring them down

The jobs crisis in the most-populous nation has assumed alarming proportions. Young graduates are nine times more likely to be unemployed than those who can't read or write

Budget 2024: Govt plans employment-linked incentive scheme for job creation

Budget 2024: The proposed ELI scheme may offer tax relief and wage subsidies to companies for creating employment opportunities amid rising concerns over 'jobless growth'

Manufacturing wages are heading up amid labour shortage in country

Pay is rising faster than in other segments of the economy

Unemployment rate rises to 8-month high of 9.2% in June: CMIE data

Rural areas continue to experience higher unemployment rates, with joblessness growing to 9.3 per cent in June 2024 from 6.3 per cent in May 2024 and 8.8 per cent in June 2023

CII, Nasscom to provide digital skilling to 100,000 non-IT youth in 2 years

CII said that seven target sectors have been identified to begin with

People bearing double brunt of unemployment, price rise, says Jairam Ramesh

Congress leader Jairam Ramesh on Saturday attacked the Narendra Modi government, claiming that it is nonchalant and not concerned about the issues of unemployment and price rise. In a post on X, Ramesh shared a media report on increase in food prices, and said people are bearing the double brunt of rising unemployment and price rise. The increase in the prices of kitchen essentials such as potatoes, onions, tomatoes, vegetables and pulses are witnessing record increase, he claimed in his post in Hindi. "But one-third prime minister is completely nonchalant and unconcerned," Ramesh said. The Congress general secretary claimed that Prime Minister Modi never talks about inflation. "Amid rising unemployment, people are being hit doubly by high inflation. For how long will the public bear the brunt?" Ramesh said.

Employment in informal sector below pre-Covid level, shows NSO data

According to the factsheet, the number of unincorporated enterprises rose by 2 million between July 2015-June 2016 and October 2022-September 2023 to 65.04 million