Unemployment Subject: Economy Section: Employment Context: The Bihar government has released some details about the state’s caste survey that was conducted this year Concept: Labour Force Participation Rate (LFPR): Simply put, it gives a sense of how many Indians are “demanding” a job. The “Labour Force” consists of persons who are of 15 years of […]

    Unemployment Subject :Economy Context: Unemployment rate in the country has zoomed to a high of 8.3 per cent in December, the highest in 2022, according to data from the Centre for Monitoring Indian Economy (CMIE). The unemployment rate in November was at 8 per cent, while in September it was the lowest at 6.43 per cent and was at the second highest level during the year at 8.28 per cent in August, the CMIE data stated. While the urban unemployment rate was at 10 per cent during the last month of 2022, rural joblessness stood at 7.5 per cent during December Among the States, unemployment continued to be the highest in Haryana at 37.4 per cent in December, followed by Rajasthan at 28.5 per cent, Delhi 20.8 per cent, Bihar 19.1 per cent and Jharkhand 18 per cent. Periodic Labour Force Survey- It is India’s first computer-based survey launched by the NSO in 2017. It essentially maps the state of employment […]

    Unemployment Subject: Economy Section: Unemployment In April, unemployment was highest in Haryana, followed by Rajasthan and Bihar, CMIE data showed. Details In the month of April, unemployment was highest in Haryana, followed by Rajasthan and Bihar at 34.5%, 28.8% and 21.1% respectively. Himachal Pradesh, Chhattisgarh, and Assam saw the lowest unemployment rate which […]

    Unemployment  Subject – Economy Context – Joblessness at 10.3% in Oct-Dec 2020; more women unemployed than men. Concept – Unemployment occurs when a person who is actively searching for employment is unable to find work. The most frequent measure of unemployment is the unemployment rate, which is the number of unemployed people divided […]