He cited data from the Periodic Labour Force Survey (PLFS) for his comments.
Unemployment in India has declined for all education levels, except for graduates, according to the latest official figures from the Ministry of Labour and Employment. The unemployment rate for graduates has been almost stable for the past three years, employment minister Laloo Prasad Yadav says.
Graduates’ joblessness has risen from 16.9% in 2018-19 to 17.2% in 2019-20, official figures show.
An increase in the employment rate can be seen if PLFS and another survey conducted by the labour bureau is matched with the employees’ provident fund organisation (EPFO) payroll data.
He attributed the “increase” to a number of schemes and programmes launched by the government.
India’s unemployment rate reached a six-month high of 8.10% in February. This was the highest since August last year (8.3%). The rate had fallen to 6.57% in January and 7.91% in December, according to official figures.
