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It's official: Unemployment rate at 45-year high

The joblessness among male on all India basis was 6.2 per cent, while it was 5.7 per cent in the case of females.

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Published : May 31, 2019, 6:21 PM IST

Updated : May 31, 2019, 7:48 PM IST

New Delhi: Confirming unemployment rate projected in a pre-election leaked report, the government on Friday said joblessness in the country was 6.1 per cent of the total labour force during 2017-18, the highest in 45 years.

The data released by the labour ministry on a day when Modi 2.0 Cabinet took charge, showed 7.8 per cent of all employable urban youth being jobless, while the percentage for the rural was 5.3 per cent.

Read more:GDP growth slows to 5 year low at 5.8% in January-March

The joblessness among male on all India basis was 6.2 per cent, while it was 5.7 per cent in the case of females.

New Delhi: Confirming unemployment rate projected in a pre-election leaked report, the government on Friday said joblessness in the country was 6.1 per cent of the total labour force during 2017-18, the highest in 45 years.

The data released by the labour ministry on a day when Modi 2.0 Cabinet took charge, showed 7.8 per cent of all employable urban youth being jobless, while the percentage for the rural was 5.3 per cent.

Read more:GDP growth slows to 5 year low at 5.8% in January-March

The joblessness among male on all India basis was 6.2 per cent, while it was 5.7 per cent in the case of females.

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PRI ECO GEN NAT
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GDP growth slows to five-year low at 5.8 pc in Jan-Mar
         New Delhi, May 31 (PTI) India's economic growth rate slowed to five-year low of 5.8 per cent in January-March 2018-19, due to poor performance in agriculture and manufacturing sectors, official data released Friday said.
         The Central Statistics Office (CSO) also revealed that GDP growth during 2018-19 fiscal stood at 6.8 per cent, lower than 7.2 per cent in the previous financial year.
         The growth in gross domestic product (GDP) was slowest since 2014-15. The previous low was 6.4 per cent in 2013-14.
         The fourth quarter growth was below China's 6.4 per cent. PTI NKD CS ANZ
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Last Updated : May 31, 2019, 7:48 PM IST
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