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  3. Unemployment rate in India rises to five-year high of 5 per cent in 2015-16

Unemployment rate in India rises to five-year high of 5 per cent in 2015-16

30 Sep 2016 Evaluate

Unemployment rate in India surged to a five-year high of 5 per cent in 2015-16. According to the fifth annual employment-unemployment survey at all-India level by Labour Bureau, about 77 per cent of the households were having no regular wage/salaried person.

While the unemployment rate was estimated to be 5 percent at all-India level under the UPS (Usual Principal Status) approach, the overall unemployment was significantly higher at 8.7 per cent for women and stood at 4.0 per cent for men. As per the report, in rural sector, unemployment rate was 5.1 per cent whereas in urban sector, the rate was 4.9 per cent. In urban areas, female unemployment rate was estimated to be 12.1 per cent at pan-India level compared to 3.3 per cent for males and 10.3 per cent for transgender. On other hand, in rural areas, female unemployment rate was estimated to be 7.8 per cent at pan-India level compared to 4.2 per cent for males and 2.1 per cent for transgender.

The survey which was conducted across all states and union territories during April 2015 to December 2015, collected a total sample of 1,56,563 households, with 88,783 households in the rural sector and 67,780 in the urban sector.

Among the states and union territories Tripura topped the chart at 19.7 per cent, followed by Sikkim at 18.1 per cent, Lakshadweep at 16.1 per cent, Andaman & Nicobar islands at 12.7 per cent, Kerala at 12.5 per cent and Himachal Pradesh at 10.6 per cent. The report showed that about 24 percent households benefitted from employment generating schemes like Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Prime Minister's Employment Generation Programme (PMEGP), Swarnajayanti Gram Swarozgar Yojana (SGSY) and Swarna Jayanti Shahari Rozgar Yojana (SJSRY) etc. Only three North Eastern States, namely Tripura, Manipur and Mizoram have more than 70 percent of the households benefited from MGNREGA.

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