The organization under the ministry of statistics of the government of India, the National Sample Survey Office (NSSO) in its latest report showed that India's unemployment rate reached to 6.1% in 2017-18, hitting a 45-year high. The rate was the highest since 1972-73.
As per the report, joblessness was higher at the rate of 7.8% in urban areas as compared to 5.3% in rural areas of the country. The report further pointed that the unemployment rate among youth reached a record high level in 2017-18 as compared to previous year and much higher compared to that in the overall population.
Besides, NSSO said that for educated rural females, the unemployment rate ranged between 9.7% to 15.2% between 2004-05 to 2011-12, which rose to 17.3% in 2017-18. In case of rural educated males, the joblessness rate surged to 10.5% in 2017-18 from 3.5-4.4% between 2004-05 to 2011-12.
Going further, the report also noted that the rate of joblessness among rural males in the age group of 15-29 years jumped more than three folds to 17.4% in 2017-18 as against 5% in 2011-12. In case of female youth in rural areas, unemployment rate stood at 13.6% in 2017-18 as compared to 4.8% in 2011-12.