Back to Career News

Unemployment Rate in India Highest in Four-Decades: NSSO Survey

February 02, 2019

Unemployment Rate in India Highest in Four-Decades: NSSO Survey
The latest job survey by the National Sample Survey Office (NSSO) that compares the unemployment data from FY18 to that since FY73 shows that the unemployment rate was the highest during FY18 at 6.1% since FY73. However, NITI Aayog Vice-Chairman Rajiv Kumar said that the survey is not finalized and is currently under the draft stage.

It’s worth noting that the chairman of National Statistical Commission (NSC) had recently resigned alleging that the government was withholding NSSO’s job survey even after its approval.

Photo credit: markhillary on Visual hunt / CC BY

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp