Unemployment rate up at 4.9% in 2013-14: Labour Bureau

By: | Published: January 8, 2015 9:15 AM

Gujarat had lowest unemployment rate in the country last fiscal at 1.2 per cent, while Sikkim had the highest....

Unemployment rate in India rose to 4.9 per cent in 2013-14, mainly on account of increase in joblessness in rural areas despite the government’s flagship employment scheme MGNREGA.

According to the latest survey report by the Labour Bureau, the unemployment rate inched up to 4.9 per cent at all-India level last fiscal, from 4.7 per cent in 2012-13.

On the positive side, the unemployment rate dropped in urban areas to 5.5 per cent in 2013-14, from 5.7 per cent in the previous fiscal.

Meanwhile, although 93 per cent of the households in rural areas benefited from MGNREGA, the unemployment rate increased to 4.7 per cent last fiscal, compared to 4.4 per cent a year ago.

Unemployment rate among men increased to 4.1 per cent in 2013-14, from 4 per cent in 2012-13. Among women, it increased to 7.7 per cent last fiscal, from 7.2 per cent in 2012-13. However, the unemployment rate among women came down to 12.4 per cent in urban areas, from 12.8 per cent in 2012-13.

As many as 49.5 per cent people are estimated to be self employed, followed by 30.9 per cent as casual labour, 16.5 per cent wage/salary earners and the rest 3 per cent as contract workers.

A total of 1,36,395 households were covered by the survey — 83,385 in rural areas and 53,010 in urban areas.

Gujarat had lowest unemployment rate in the country last fiscal at 1.2 per cent, while Sikkim had the highest.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition