India is a youth-dominated country. The number of youth here is more than in many countries. But these youth are currently victims of unemployment. The struggle of these unemployed youth is often visible to us through some protest on the streets. Let us try to understand in this article today how big is the crowd of unemployed in the government figures.
How many unemployed in government figures
When the government was questioned in this regard in Parliament, Minister of State for Labor and Employment Shobha Karandlaje answered it. She said that data on employment and unemployment in the country is collected by the Periodic Labor Force Survey. This data is released in the months of July and June every year since 2017. According to the latest report, in 2022-23, the unemployment rate among youth aged 15 years and above was 2.4 in rural India and 5.4 in urban India.
Employment has increased compared to earlier
In response to this question, the government, based on the Worker Population Ratio (WPR) report, said that the number of working youth has increased in the last few years. While the number of working youth was 52.6 percent in the year 2020-21, it increased to 52.9 percent in 2021-22. Whereas, in 2022-23 this number increased to 56 percent.
Now understand what is unemployment?
To understand unemployment, you first have to understand the labor force. Actually, in India, people aged 15 years and above are counted in the working age group. The total number of people working and those looking for work in this working age group is called the current labour force. Now let us understand the definition of unemployment. According to economics, unemployment is a situation when a person in the labour force is looking for employment, is capable of employment, but is unable to find employment. The percentage of unemployed in the labour force is calculated on the basis of these standards.
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