This is an archive article published on September 29, 2016

India’s unemployment rate highest in 5 years in 2015-16

The figures could be an alarm bell for BJP-ruled government at the Centre, which has taken a series of steps such as 'Make in India' to create jobs for inclusive growth in the country.

By: PTI
2 min readNew DelhiSep 29, 2016 04:30 PM IST First published on: Sep 29, 2016 at 04:29 PM IST
India unemployment, India, unemployment, India unemployment rate, jobs, India jobs, Labour Bureau, news, latest news, India news, national news According to the fifth annual employment-unemployment survey at all-India level, about 77 per cent of the households were reported to be having no regular wage/salaried person. (representative image)

Unemployment rate in India has shot up to a five-year high of 5 per cent in 2015-16, with the figure significantly higher at 8.7 per cent for women as compared to 4.3 per cent for men, says a report by Labour Bureau. The figures could be an alarm bell for BJP-ruled government at the Centre, which has taken a series of steps such as ‘Make in India’ to create jobs for inclusive growth in the country.

According to the fifth annual employment-unemployment survey at all-India level, about 77 per cent of the households were reported to be having no regular wage/salaried person. It said the unemployment rate was estimated to be 5 per cent at all-India level under the UPS (Usual Principal Status) approach. Unemployment rate was 4.9 per cent in 2013-14, 4.7 per cent (2012-13), 3.8 per cent (2011-12) and 9.3 per cent (2009-10). Labour Bureau did not bring out any such report for 2014-15.

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