Skip to content
Hindi News, हिंदी समाचार, Samachar, Breaking News, Latest Khabar – Pratirodh

Hindi News, हिंदी समाचार, Samachar, Breaking News, Latest Khabar – Pratirodh

Primary Menu Hindi News, हिंदी समाचार, Samachar, Breaking News, Latest Khabar – Pratirodh

Hindi News, हिंदी समाचार, Samachar, Breaking News, Latest Khabar – Pratirodh

  • Home
  • Newswires
  • Politics & Society
  • The New Feudals
  • World View
  • Arts And Aesthetics
  • For The Record
  • About Us
  • Featured
  • Politics & Society

India’s Urban Unemployment Rate Slows In March Quarter – Government Data

Nov 23, 2019 | Pratirodh Bureau

According to The Washington Post, nearly 200,000 IT workers have been laid off in the US since November last year, including some record numbers in companies like Google, Microsoft, Facebook and Amazon (Representational Image)

India’s urban unemployment rate between January and March this year fell to 9.3%, the lowest in at least four quarters, according to an unpublished government report reviewed by Reuters.

The numbers, recorded in the statistics ministry’s quarterly jobs report, could provide some relief to Prime Minister Narendra Modi who has faced criticism for not being able to create enough jobs amid slowing economic growth.

The urban unemployment rate of the January-March quarter compared with 9.9% in the preceding quarter. Quarterly data prior to the April-June 2018 survey period is not available and the January-March quarter’s rate is the lowest since then.

The report, which is likely to be published soon, did not assess rural unemployment.

The estimates were arrived at using the so-called “current weekly status” method which gives an average picture of unemployment in a short period of seven days preceding the survey period, the document said. A person is considered as unemployed in a week if he did not work even for 1 hour during that week.

Joblessness among the youth – those aged between 15-29 years and who account for roughly over a third of India’s 1.3 billion people – was also marginally lower at 22.5% in the quarter ending March 2019, from 23.7% in the preceding quarter.

The Indian government has in recent years faced public ire for not releasing comprehensive jobs data regularly.

The first extensive annual report for the July 2017-June 2018 period, leaked in February and published in the Business Standard newspaper, showed unemployment rate was the highest in at least 45 years. Modi’s government officially released the report in May.

That month, the statistics department also released one set of quarterly urban unemployment reports that revealed data for April to December 2018. The latest report, reviewed by Reuters, contains jobs assessment for the first quarter of this year.

The fall in the unemployment rate, by weekly status methodology basis, came as employment among regular wage employees and a section of self-employed workers increased during the period, the statistics ministry report showed.

Still, the labour force participation rate – the percentage of population making up the labour force – which had slowly edged up between April and December last year, recorded a dip to 36% during the March quarter, the report showed, potentially reflecting weak economic growth in Asia’s third largest economy.

India’s economic growth fell to an over four-year low of 5.8% in the January-March period. Subsequently, it fell further to 5% in the following quarter.

Tags: Economic Growth, india, Joblessness, labour force participation rate, prime minister narendra modi, unemployment, urban unemployment rate

Continue Reading

Previous Australia Bushfire Smoke Shoots Sydney Into Top 10 Global Pollution Index
Next India Courts Private Hospitals To Boost ‘Modicare’ Health Insurance Programme

More Stories

  • Featured

‘Global Scamsters’ Defending PM: Congress On Lalit Modi Tweet

10 hours ago Pratirodh Bureau
  • Featured

Most Himalayan Glaciers Analysed Melting At Varying Rates: Govt

11 hours ago Pratirodh Bureau
  • Featured

Beyond Patriarchy: Matrilineal Societies Exist Around The World

17 hours ago Pratirodh Bureau

Recent Posts

  • ‘Global Scamsters’ Defending PM: Congress On Lalit Modi Tweet
  • Most Himalayan Glaciers Analysed Melting At Varying Rates: Govt
  • Beyond Patriarchy: Matrilineal Societies Exist Around The World
  • Rahul Gandhi To Launch Agitation From Kolar On April 5
  • Nagaland Scientist’s Tiny Sensor To Tell If Food Is Spoiled
  • ‘Attack Me…Not Freedom Fighters’: Ro Khanna
  • ‘Convenor Of Corrupt Alliance’: Kharge On Modi
  • Earlier Covid Origin Disclosure May Have Saved Political Argy-Bargy
  • Can We Trust Machines Doing The News?
  • Olive Ridley Turtle Nesting Site In Konkan Faces New Threat
  • Petty Politics Of Petty Men: Kapil Sibal’s Swipe At Govt
  • Since Musk Took Over, Antisemitism On Twitter More Than Doubled
  • ‘Govt Is Scared Of Probe In Adani Case, Has No Reply To Rahul’s Questions’
  • India’s Heat Action Plans Fail To Identify, Target Vulnerable Groups: Report
  • WAC Bans Transgender Women From Female Athletics Events
  • Kharge Slams BJP, Asks Why Are They Pained If Fugitives Criticised
  • Elgar Parishad Case Accused Dr Hany Babu To Get Honorary Doctorate
  • The Mythical Saraswati Is A Subterranean Flow, Posits New Study
  • Will Challenge ‘Erroneous’ Judgment Against Rahul Gandhi: Congress
  • Calls For ‘Green’ Ramadan Revive Islam’s Ethic Of Sustainability

Search

Main Links

  • Home
  • Newswires
  • Politics & Society
  • The New Feudals
  • World View
  • Arts And Aesthetics
  • For The Record
  • About Us

Related Stroy

  • Featured

‘Global Scamsters’ Defending PM: Congress On Lalit Modi Tweet

10 hours ago Pratirodh Bureau
  • Featured

Most Himalayan Glaciers Analysed Melting At Varying Rates: Govt

11 hours ago Pratirodh Bureau
  • Featured

Beyond Patriarchy: Matrilineal Societies Exist Around The World

17 hours ago Pratirodh Bureau
  • Featured

Rahul Gandhi To Launch Agitation From Kolar On April 5

19 hours ago Pratirodh Bureau
  • Featured

Nagaland Scientist’s Tiny Sensor To Tell If Food Is Spoiled

1 day ago Pratirodh Bureau

Recent Posts

  • ‘Global Scamsters’ Defending PM: Congress On Lalit Modi Tweet
  • Most Himalayan Glaciers Analysed Melting At Varying Rates: Govt
  • Beyond Patriarchy: Matrilineal Societies Exist Around The World
  • Rahul Gandhi To Launch Agitation From Kolar On April 5
  • Nagaland Scientist’s Tiny Sensor To Tell If Food Is Spoiled
Copyright © All rights reserved. | CoverNews by AF themes.