Unemployment among Graduates

[Ministry of Labour & Employment,07-December, 2016 17:20 IST]

Labour Bureau, Ministry of Labour and Employment conducts Employment-Unemployment Surveys annually. Last such survey was conducted during 2015-16. The results of the surveys conducted during last three years are given below:

 

For persons aged 15 years and above on usual status basis (in %)
Year 2012-13 2013-14 2015-16
Labour Force Participation Rate 53.1 55.6 52.4
Worker Population Ratio 51.0 53.7 50.7
Unemployment Rate 4.0 3.4 3.7

 

As per the survey result, the unemployment rate among not literate was less than 2% and among graduate it was about 14% for persons aged 15 years and above on the basis of usual principal status approach during   2013-14.

 

Government has taken various steps for generating employment in the country like encouraging private sector of economy,  fast tracking various projects involving substantial investment and increasing public expenditure on schemes like Prime Minister’s Employment Generation Programme (PMEGP) run by Ministry of Micro, Small & Medium Enterprises, Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA), Pt. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY), National Rural Livelihoods Mission (NRLM) scheme run by Ministry of Rural Development and National Urban Livelihoods Mission (NULM) run by Ministry of Housing & Urban Poverty Alleviation.

 

In order to improve the employability of youth, around 20 Ministries run skill development schemes across 70 sectors. According to the data compiled by National Skill Development Agency (NSDA), about 28.85 lakh persons were given skill development training in the year 2015-16 (till Oct, 2015) under these schemes.

 

Government has implemented the National Career Service (NCS) Project comprises a digital portal that provides a nation-wide online platform for jobseekers and employers for job matching in a dynamic, efficient and responsive manner and has a repository of career content.

 

A new scheme “Pradhan Mantri Rojgar ProtsahanYojana” has been initiated by the Ministry of Labour and Employment in the year 2016-17 for incentivising industry for promoting employment generation.

 

This information was given by Shri Bandaru Dattatreya, the Minister of State (IC) for Labour and Employment, in reply to a question in Rajya Sabha today.

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(Release ID :155022)