Unemployment in India:
India, the world’s most populous country, is progressing not only on the global stage but also in economic activities. The economy here has benefited from a large and educated human capital. In contrast, India’s educated youth are facing higher unemployment, reflecting the imbalance between the Indian economy and the labor market. According to official figures, the youth unemployment rate in Kerala is the highest among the states, while Madhya Pradesh has the lowest. Let us know what is the unemployment scenario in different states of India.
As per the recent data, some major parameters are used to understand the unemployment rate, such as Labor Force Participation Rate, Worker Population Ratio, Unemployment Rate etc. According to these, the actual situation of unemployment anywhere is assessed.
States/UTs with highest unemployment rates:
Lakshadweep: 36.2% in the age group 15-29 years (79.7% among females, 26.2% among males).
Andaman and Nicobar Islands: 33.6% (49.5% among women, 24% among men)
Kerala: 29.9% (47.1% in women, 19.3% in men)
Nagaland: 27.4%
Manipur: 22.9%
Arunachal Pradesh: 20.9%
Goa: 19.1%
States with lowest unemployment rates:
Madhya Pradesh: About 0.9%
Gujarat: 1.1%
Jharkhand: 1.3%
Chhattisgarh: Around 2.5%
Delhi: Around 2.1%
Unemployment of women and youth
The unemployment rate of women is increasing across the country. For example, the overall unemployment rate for women has increased to 3.2% over the past year. This rate is more worrying in the youth group (15-29 years), in which the total youth unemployment rate is in double digits i.e. around 10.2%.
urban vs rural areas
The unemployment situation also varies between urban and rural areas. The youth unemployment rate in urban areas is around 14.7%, while in rural areas it is only around 8.5%.
Overall scenario of unemployment
India’s average unemployment rate is expected to remain stable at around 3.2% during 2023-24. This is a positive sign compared to previous years, but it remains a matter of concern, especially for women and youth. The unemployment situation varies in different states and union territories of India, which not only affects economic growth but also has a deep impact on the social structure.
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