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Unemployment problem raising high in Tripura along with national data
TIWN July 4, 2019

AGARTALA / NEW DELHI, July 4 (TIWN): According to the report, the unemployment rate has gone up from four per cent to 7.6 in the last two years (May 2017-April 2019). The unemployment rate in April 2019 was the highest in two years. The rate for rural areas in this month was also the highest in this period.

With the rise of population and alleged insufficient policy of the Govt of India likely to take the country at a major crisis era.  In Tripura the unemployment problem is also the biggest challenge for the State Govt which is now hitting at 30.2% unemployment rate. India's rate of unemployment doubled in the past two years, according to the State of India’s environment 2019 (SoE) This has particularly affected young graduates.

SoE in figures was released by Delhi-based non-profit Centre for Science and Environment (CSE) on World Environment Day. The data for it has been provided by the Centre for Monitoring Indian Economy (CMIE), New Delhi.

Young Indians (aged 15-24 years) constitute nearly a fifth of India’s total population, according to the country’s 2011 Census. By 2020, they are predicted to make up a third of the country’s population.

The report notes that the youth (between 20-24 years), who constitute around 40 per cent of India's labour force, have an unemployment rate of 32 per cent.

The unemployment rate among the educated is even worse. The rate among people with at least a graduate degree was 13.17 per cent in September-December 2018, up from 10.39 per cent in May-August 2017.

The Periodic Labour Force Survey for 2017-18 released by National Sample Survey Office too shows that unemployment rate increased with education level.

According to SoE in Figures, 2017, a major cause for high unemployment rates in India is the lack of skills required for jobs that are available. This is worrying because India is a young country — home to 20 per cent of the world's young population — and a major portion of this young workforce, though educated, is unskilled.

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