In Lok Sabha, Govt Says Unemployment Rate Almost Doubled Between 2013-14 and 2017-18

New Delhi: In a respond to Congress MP Kodikkunnil Suresh in a Lok Sabha, Ministry of Labour and Employment on Monday pronounced that a stagnation rate in a nation has increasing from 3.4 percent in 2013-14 to 6 percent in 2017-18, a top in 45 years.

According to a reply, a stagnation rate stood during 3.7% in 2015-16.

Meanwhile, supervision information expelled final month showed that a civic stagnation rate between January-March 2019 stood during 9.3 percent. During April-June 2018, it stood during 9.8 percent.

The information showed that stagnation rate in civic areas among males was estimated during 8.7 per cent during January-March 2019 as compared to 9 per cent during April-June 2018.

For women, a UR was during 11.6 per cent during a reported duration as opposite 12.8 per cent during April-June 2018.

The supervision had been receiving a lot of critique for high stagnation rates amid negligence mercantile growth.

The matter final month forked out that a altogether work force appearance rate (LFPR) was estimated as 36 per cent in a civic areas during January-March 2019, as compared to 35.6 per cent during April- Jun 2018.

The LFPR for group was estimated to be 56.2 per cent, while for women it was during 15 per cent in a civic areas during a January-March 2019 period.

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