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LATEST NEWS UPDATES | India’s urban unemployment rate improves across genders, age groups to best-ever level: Survey -Abhishek Jha

India’s urban unemployment rate improves across genders, age groups to best-ever level: Survey -Abhishek Jha

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published Published on Aug 31, 2022   modified Modified on Sep 2, 2022

-Hindustan Times

The quarterly bulletin of the Periodic Labour Force Survey also suggests that at least some of this improvement is because of a higher than usual engagement in poor quality jobs in the quarter ending June 2022

New Delhi: After recovering to pre-pandemic levels in the quarter ending March 2022, India’s urban unemployment rate improved across genders and age groups to its best-ever level in the quarter ending June 2022, according to the quarterly bulletin of the Periodic Labour Force Survey (PLFS) released on August 31. The bulletin’s data, however, also suggests that at least some of this improvement is because of a higher than usual engagement in poor quality jobs, a trend also seen in the quarter ending March.

India’s headline urban unemployment rate was 7.6% in the quarter ending this June, compared to 8.2% in the quarter ending March, 12.7% in the June quarter of 2021-22, and 8.9% in the June quarter of 2019-20. Since some kinds of jobs, like those in agriculture, are seasonal in nature, unemployment rate comparisons are best made for the same quarter across years. However, the remarkable improvement in this rate can be seen from the fact that it is the lowest rate since the quarter ending June 2018, the first quarter for which the quarterly bulletins have data. This improvement is also neither because of fewer people seeking jobs nor because of any lopsided improvement. However, at least some of it is because of engagement in poor quality jobs.

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Hindustan Times, 31 August, 2022, https://www.hindustantimes.com/india-news/indias-urban-unemployment-rate-improves-across-genders-age-groups-to-best-ever-level-survey-101661970390373.html?fbclid=IwAR0VdvRKXW5qXgOUmAPTkIXPnjzfiM3J9KKjwRFPXR3OrLVQ87uUrCc01


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