India's unemployment rate reached 7.6% in April 2019: Report

By A Representative
India's rate of unemployment doubled in the past two years, reveals a new report, "State of India’s Environment (SoE) In Figures, 2019", released by Delhi-based non-profit Centre for Science and Environment (CSE) on World Environment Day. This has particularly affected young graduates, it says.
According to the report, the unemployment rate has gone up from four per cent to 7.6 in the last two years (May 2017-April 2019). The unemployment rate in April 2019 was the highest in two years, it says, adding, the rate for rural areas in this month was also the highest in this period.
According to the report, the youth (between 20-24 years), who constitute around 40 per cent of India's labour force, have an unemployment rate of 32 per cent. The unemployment rate among the educated is even worse. The rate among people with at least a graduate degree was 13.17 per cent in September-December 2018, up from 10.39 per cent in May-August 2017.
In 2017, says the report, a major cause for high unemployment rates in India is the lack of skills required for jobs that are available. This is worrying because India is a young country — home to 20 per cent of the world's young population — and a major portion of this young workforce, though educated, is unskilled, it adds.

Comments

Xi Jinping’s visit to USA: Recognition that China can't be contained?

By Vijay Prashad President Xi Jinping’s forthcoming visit to the United States must be understood as more than an encounter between two heads of state, but it must be seen as an encounter between two possible futures. In one future, the United States imposes a spiral of confrontation against China. Trade disputes harden into economic warfare, then economic warfare intensifies into technological blockades, technological blockades produce military encirclement, and finally military encirclement creates incidents, and incidents the danger of becoming an unimaginable war.

Swaminarayan, untouchability and the 'we are not Hindu' argument

By Rajiv Shah Following my blog on why the Eiffel Tower authorities should take all the blame for giving in to the Swaminarayan sadhus ’ bizarre demand to “invisibilise” women, including its female staff, during their visit to the internationally renowned Paris tourist centre on September 5, an interesting comment by one of the top academics drew my attention to something I vaguely knew about one of India’s most powerful and richest religious sects.

From margins to microphones: The rise of Dalit hip-hop in India

By Tersina Maria Toppo* A protest does not always arrive as a slogan shouted from a street corner. Sometimes, it arrives on a beat. A microphone replaces the megaphone, a music video becomes a public square, and the smartphone becomes the space where a history once pushed to the margins is narrated, debated, and shared.

Counterview

Search This Blog