Unemployment rate estimated at 5 percent: Labour bureau report

Female unemployment rate was estimated to be 8.7 percent, whereas for males it was 4.0 percent

GN Bureau | September 29, 2016


#Unemployment   #Labour Bureau   #Report  


The latest labour bureau survey data is bound to leave policy makers worried as the unemployment rate is estimated at 5 percent.

The 5 percent figure is at the all India level under the Usual Principal Status (UPS) approach or in other words 5 percent of the persons aged 15 years and above who were available for work could not get work during the reference period, said the Fifth Annual Employment – Unemployment Survey (2015-16) of the labour bureau, ministry of labour and employment.

In rural sector, unemployment rate was 5.1 percent whereas in urban sector, the unemployment rate was 4.9 percent under the UPS approach.

In a worrying development, the report said that the unemployment rate was significantly higher among females as compared to males. “At the all India level, the female unemployment rate was estimated to be 8.7 percent, whereas for males it was 4 percent (under the UPS approach).”

In urban areas, the female unemployment rate was estimated to be 12.1 percent at the all India level under the UPS approach as compared to 3.3 percent for males and 10.3 percent for transgenders.

Also read:  It’s time India went on a job hunt

The latest survey results show that at the all India level, about 40.4 percent of the households belong to Other Backward Classes category followed by 29.9 percent under the others category, 20.3 percent under the Scheduled Castes category and the rest 9.4 percent households belong to the Scheduled Tribes category.

“The results show that about 24 percent households benefitted from employment generating schemes like MGNREGA, PMEGP, SGSY and SJSRY etc. Only three north eastern States, namely Tripura, Manipur and Mizoram have more than 70 percent of the households which have benefited from MGNREGA.”

In case of number of employed persons in the households, it is found that 48.4 percent of the households had only 1 employed person followed by 30.6 percent households with 2 employed persons. Households with 3 employed persons constituted 10.7 percent and households with 4 and above persons constituted only 5.2 percent. Remaining 5.1 percent of the households did not have even a single employed person/earner.

At the all India level, about 77 percent of the households were reported to be having no regular wage/salaried person, the report said.

In the present survey, an attempt has also been made to capture the information related to households having saving bank account and average monthly households earnings for each State/UT.

It is estimated that at the all India level a little more than 67 percent of the surveyed households had average Monthly Earnings not exceeding Rs 10,000 only. In rural sector such households constituted about 77 percent whereas the corresponding proportion was about 45 percent among urban households.

“It is also estimated that at the all India level, 94.4 percent of the households had saving bank accounts for both rural and urban sector. In Daman & Diu and Lakshadweep, all of the households surveyed had saving bank accounts. Chandigarh had 99 percent of the households with saving bank accounts.”

Nagaland had minimum i.e. 79.2 percent households having saving bank accounts and out of these the highest proportion (30.2 percent) of the households had average monthly household earnings of Rs. 20,001 to Rs. 50,000.

Read the full report on Fifth Annual Employment – Unemployment Survey (2015-16)

 

Comments

 

Other News

`Focus on infra, reforms, digital connectivity has created strong foundation for growth`

In a step towards the operationalisation of the Bharat Audyogik Vikas Yojana (BHAVYA), union minister of commerce & industry Piyush Goyal launched the BHAVYA Portal on Monday in New Delhi.   Addressing the gathering, Goyal said that the BHAVYA scheme will adopt a competit

Govt, RBI announce major reforms to attract FPI

The finance ministry on Friday announced a series of measures aimed at enhancing the ease of investment for individual Persons Resident Outside India (PROIs) and Foreign Portfolio Investors (FPIs), and to attract stable long-term foreign capital flows.   Building on the recent in

Lessons in climate adaption from world’s largest inhabited river island

Majuli Island, perched between the Brahmaputra River to the south and east, the Subansiri River to the west, and a branch of the Brahmaputra to the north, has been severely affected by recurrent flooding and intense riverbank erosion. Despite its global importance in acquiring UNESCO tentative status for

Careless whispers and the impossible trinity

Time can never mend, the careless whispers of …    As the RBI marches ahead, for the upcoming monetary policy meeting this June, whispers from the corridors echo around several policy options to defend the rupee – by deploying forex reserves, raising in

Bullet Train Project: Third mountain tunnel breakthrough achieved

A major engineering milestone has been achieved in the Mumbai–Ahmedabad Bullet Train Project with the successful breakthrough of the third mountain tunnel (MT-07) at Ambesari village in Dahanu Taluka of Palghar district, Maharashtra.   With this achievement, three mountain

Supreme Court gets five new judges

Five new judges were appointed to the Supreme Court of India on Monday. "Vide Notifications of even number dated 01.06.2026, in exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the Hon’ble President of India is pleased to appoint (i) Shri





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter