Joblessness rate among youth rose to 26% in Q1

Joblessness rate among youth rose to 26% in Q1 - Times of India (indiatimes.com)

Joblessness rate among youth rose to 26% in Q1​

TNN | Mar 17, 2022, 03.32 AM IST

Youth unemployment in urban areas across India rose sharply to 25.5% in the April-June quarter of 2021 and remained in double digits thereafter as the second wave of the Covid-19 pandemic battered economic activities and dealt a severe impact on jobs.
According to the latest Periodic Labour Force Survey, Kerala had the maximum joblessness rate of 47% in the 15-29 year age group in the first quarter of this financial year.
All 22 states covered by the survey recorded double-digit unemployment rate in this age category.

The overall unemployment rate across all ages in the country for the June quarter of 2021-2022 had surged to 12.6% from 9.3% in the previous quarter.​

The overall youth unemployment rate had spiked to 34.7% in April-June quarter of 2020 when the first wave of the pandemic had taken a massive toll on growth and jobs. Some states witnessed a marginal slowdown in the joblessness rate in the June quarter of 2021 compared to the previous quarter. These states included Delhi, Karnataka, Assam, Punjab and Odisha where the unemployment rate slowed from the previous quarter but still remained in double digits. In Gujarat, the rate surged to 11.6% in the April-June quarter compared with the 7.7% recorded in the previous quarter.

Among women in the 15-29 years category, the unemployment rate was higher at 31% in the April-June quarter compared with 24% for men during the same period, indicating that women bore the bigger brunt of joblessness during the Covid-19 curbs.

Jammu & Kashmir topped the list for women unemployment with a rate of 67.3%, followed by Kerala 59.2%, Assam 53.6%, Rajasthan 50.8%, Bihar 45.2% and Uttarakhand 45.2%. Experts said this trend requires closer examination for devising policies to provide jobs for women across states.
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My take - unemployment is one of the major causes of social unrest.

 

[pikkuboss]

This is Pandemic second wave figures

 

[Umair Nawaz]

what is inflation rate of india?

 

[pikkuboss]

what is inflation rate of india?

7.8% in April

 

[Black Tornado]

Kerala had the maximum joblessness rate of 47% in the 15-29 year age group

Yeah if this isn’t funny then what is? Maybe I’m stupid who was preparing for Xth board exams when I should’ve been looking for a job .

These congis and libtards are the funniest bunch, funnier are those who believe that these normie memes are true.

 

[pikkuboss]

Yeah if this isn’t funny then what is it? Maybe I’m stupid who was preparing for Xth board exams when I should’ve been looking for a job .

Do the joblessness report including people form 1 years to 99 years age? I mean 15 year olds are being surveyed for jobs. What happened to Child labour lobbies in liberal media?

 

[Black Tornado]

Do the joblessness report including people form 1 years to 99 years age? I mean 15 year olds are being surveyed for jobs. What happened to Child labour lobbies in liberal media?

These jokers make up reports to project “how evil mudi is destroying India, how economy is destroyed, how India is about to collapse all because of mudi” and congi IT cell believes and uses these reports as “source” of proof that mudi has destroyed India.

A country’s economy can’t grow without job creation and wage hikes, but who’ll explain these idiots who think that there can be mass unemployment and increase in poverty with growth in tax collection and growth in economy.

Which is why I don’t argue with congis, they have a problem for every solution. Some random nobody makes a report saying “India is bad, yes it is, trust us you brown sepoy, coz we’re supreme” and they’ll use their report saying how India is declining .

 

[Umair Nawaz]

7.8% in April

and whats the connection b/w inflation and unemployment rates?

 

[pikkuboss]

and whats the connection b/w inflation and unemployment rates?

Controlled inflation increases employment.

*India has a controlled inflation.

 

[Umair Nawaz]

Controlled inflation increases employment.

*India has a controlled inflation.

im not asking that, what is the connection b/w inflation and unemployment rates?

 

[pikkuboss]

im not asking that, what is the connection b/w inflation and unemployment rates?

Higher inflation means higher demand for workers in market upto certain point, then it can reverse.

 

[Umair Nawaz]

Higher inflation means higher demand for workers in market upto certain point, then it can reverse.

so when we read turkey has 70% inflation, what does that really mean? why r they complaining abt migrants/refugees etc stealing their jobs??

 

[pikkuboss]

so when we read turkey has 70% inflation, what does that really mean? why r they complaining abt migrants/refugees etc stealing their jobs??

That's why I said controlled inflation upto a certain point like 6-8%, after that it reverses.

 

[Umair Nawaz]

That's why I said controlled inflation upto a certain point like 6-8%, after that it reverses.

explain in detail in connection to employment and unemployment.

 

[pikkuboss]

explain in detail in connection to employment and unemployment.

Bhai same question bar bar kiu puchte ho. Agar nahi knowledge hai toh books padho.