City
Epaper

Unemployment rate of tribals declines to 1.8 pc in 2022-23 from 5.3 pc in 2017-18

By ANI | Updated: July 30, 2024 09:30 IST

New Delhi [India], July 30 : The unemployment rate among the tribal communities has seen a noticeable decline, as ...

Open in App

New Delhi [India], July 30 : The unemployment rate among the tribal communities has seen a noticeable decline, as it stood at 1.8 per cent in 2022-23, said Union Minister of State for Labour and Employment, Shobha Karandlaje, in Lok Sabha.

As per the Periodic Labour Force Survey or PLFS Reports, the estimated Unemployment Rate (UR) on usual status for tribal communities was 3.4 per cent in 2019-20, 2.7 per cent in 2020-21, and 2.4 per cent in 2021-22.

The unemployment rate in rural areas has declined from 5.3 per cent in 2017-18 to 2.4 per cent in 2022-23. In urban areas, it has reduced from 7.7 per cent to 5.4 per cent during the same period.

The data also suggest a significant decline in the unemployment rate among females, from 5.6 per cent in 2017-18 to 2.9 per cent in 2022-23.

Among youth, the unemployment rate has declined from 17.8 per cent to 10 per cent for the same period.

PLFS data of the last six years indicates an improving trend in labour participation rate and worker population ratio. PLFS data of the last six years suggests that employment has increased in the country from 46.8 per cent in 2017-18 to 56 per cent in 2022-23.

Similarly, labour force participation has also gone up from 49.8 per cent in 2017-18 to 57.9 per cent in 2022-23.

The unemployment rate has declined from 6 per cent in 2017-18 to 3.2 per cent in 2022-23. In 2022-23, there is a 3.1 per cent growth in WPR as against an LFPR of 2.7 per cent more jobs than demand.

The Union Minister also said in a written reply in the Lok Sabha that the unemployment rate for youth in the country has been declining, as the unemployment rate (UR) stood at 3.2 per cent for 2022-23 compared to 4.1 per cent compared to 2021-22.

As per the Reserve Bank of India's (RBI) latest KLEMS data, employment in the country increased to 64.33 crore in 2023-24, compared to 47.15 crore in 2014-15. The total increase in employment from 2014-15 to 2023-24 stood at about 17.19 crore.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketWorld Cup-winning Indian blind women's cricket team visits BCCI headquarters

BusinessGeM empowers small businesses, over 11.25 lakh sellers secure Rs 7.44 Lakh crore in government orders

MaharashtraWashim Local Body Election Results: BJP Leader’s Son Nitesh Malik Loses by One Vote

EntertainmentAditi Malikk teaches son Ekbir the true meaning of Christmas through a heartfelt poem

NationalSocially backward people in Bengal have limited access to institutional loans: Bankers’ study

Business Realted Stories

BusinessRailway fares to go up from Dec 26, to yield Rs 600 crore extra revenue

BusinessAnant Raj shares crash 35 pc in 2025, mark worst year in 6 years

BusinessIndia, Netherlands sign MoU to collaborate on National Maritime Heritage Complex (NMHC) at Lothal in Gujarat

BusinessIndia among Asia-Pacific’s most resilient real estate markets despite global uncertainty: Report

BusinessStrong fundamentals to keep India among fastest-growing major economies: Report