Over 4 Crore Are Jobless Now, Much More Than Earlier -Subodh Varma

Share this article Share this article
published Published on Jun 3, 2019   modified Modified on Jun 3, 2019

Unemployment is estimated at 9.35% in 2019 by CMIE, far worse than the PLFS/NSSO estimate of 6.1% for 2017-18.

Finally, the government has released the suppressed report on unemployment, now that elections are done and dusted with. Meanwhile, joblessness has worsened dramatically with an estimated 4.17 crore people unemployed, according to another recent report of the CMIE (Centre for Monitoring Indian Economy), based on a similar sample survey.

The government had directed the National Sample Survey Organisaton (NSSO) to carry out the Periodic Labour Force Survey (PLFS) to get estimates of employment and unemployment on an annual basis. The first such survey was done in 2017-18. That’s the report that said that joblessness was at a 45 year high of 6.1%. But the latest report of CMIE’s periodic surveys shows that the unemployment rate was much higher in 2017 (7.66%) and has steadily gone downhill since then, at a whopping 9.35% as of April 2019.

Please click here to read more.

Newsclick.in, 1 June, 2019, https://www.newsclick.in/Unemployment-India-NSSO-PLFS-Jobless-CMIE?fbclid=IwAR1nnI0IYJvb_LuKSXVA_KHyq85JHxoppLU5ezSKvZMfLnS6U9XKXHZb2zU

Related Articles


Write Comments

Your email address will not be published. Required fields are marked *


Video Archives


share on Facebook
Read Later

Contact Form

Please enter security code