ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Jitender SinghSubscribe to Jitender Singh

Rising Unemployment in India

The rise in the unemployment rate in the recent years along with its convergence across states could be an indicator of a positive change in the economy. Its association with educational attainments and urbanisation is testimony to the brighter side of the development story of India. Further, this rise, against the backdrop of the falling share of the informal sector employment, may suggest that the labour market participants can now afford to remain unemployed instead of getting residually absorbed in petty activities. However, this must not undermine the larger issue of employment creation, which has been a matter of great concern since long.

Counting Jobs in India

A detailed review of various sources of labour statistics in India highlights the lack of long-time series data on total employment. The Labour Bureau’s attempt since the last couple of years in this respect has been helpful. To gauge the accuracy of these estimates, it is desirable to have data from at least two sources. Dependence on one specific source can be risky.
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