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Home / Knowledge / News / Unemployment rate marginally increases from 2.2% to 2.3%

Unemployment rate marginally increases from 2.2% to 2.3%

20
Mar '08

Reliable estimates of employment and unemployment are obtained through quinquennial labour force surveys conducted by National Sample Survey Organisation.

Last such survey was conducted during 2004-05. As per two most recent quinquennial rounds of surveys on employment and unemployment, unemployment rate on usual status basis has marginally increased from 2.2% to 2.3% during 1999-2000 to 2004-05.

This was due to the fact that the pace of growth in labour force at 2.97% per annum exceeded the rate of growth of work force at 2.95% per annum.

The increase in labour force is mainly attributed to the fact that working age population grew faster than total population and labour force participation rate increased particularly, among women during 1999-2000 to 2004-05.

However, overall employment opportunities on usual status basis during the same period have increased from 397 million in 1999-2000 to 459.10 in 2004-05.

Government has been implementing various employment generation schemes and poverty alleviation programmes of which, some of the important ones are Prime Minister's Rozgar Yojana (PMRY); Swarna Jayanti Shahari Rozgar Yojana (SJSRY); Swarnajayanti Gram Swarozgar Yojana (SGSY); Sampoorna Grameen Rozgar Yojana (SGRY); Rural Employment Generation Programme (REGP) and National Rural Employment Guarantee Act, 2005 (NREGA) etc for generating gainful employment opportunities in the country.

This information was given by the Minister of State (Independent Charge) of the Ministry of Labour and Employment, Shri Oscar Fernandes in a written reply in the Rajya Sabha.

Press Information Bureau Government of India

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