According to the 7th Annual report “Periodic Labour Force Survey (PLFS) July 2023- June 2024)” of National Sample Survey Office(NSSO), Ministry of Statistics and Programme Implementation (MoSPI), Lakshadweep has the highest Unemployment Rate (UR) among youths (individuals aged 15-29 ). Youth UR in Lakshadweep stands at 36.2% which includes 79.7% UR among young women and 26.2% UR among young men.
- Lakshadweep is followed by Andaman and Nicobar Island with 33.6% (49.5% women and 24% men) and Kerala with 29.9% (47.1% women and 19.3% men).
- The national average for youth unemployment is 10.2%, with females facing a higher rate of 11% compared to 9.8% for males.
- Madhya Pradesh(MP) has the lowest unemployment rate of 2.6%, among states in India followed by Gujarat with 3.1% and Jharkhand with 3.6%.
Notes: UR is defined as the percentage of unemployed persons among the labour force.
Key Points:
i.Other states with significant youth unemployment include Nagaland, Manipur, and Arunachal Pradesh.
ii.The data indicates that 24 states and UTs reported double-digit unemployment rates during the July 2023 to June 2024 period.
iii.In urban areas, the overall youth UR is 14.7%, compared to a lower rate of 8.5% in rural areas.
iv.The joblessness rate among females in urban areas is notably higher at 20.1%, while it stands at 8.2% in rural regions.
Top 5 States & UTs with highest Youth UR:
| Rank | Indian State/Union Territory | Total UR (%) | Male UR (%) | Female UR (%) |
|---|---|---|---|---|
| 1 | Lakshadweep | 36.2 | 26.2 | 79.7 |
| 2 | Andaman & Nicobar Islands | 33.6 | 24 | 49.5 |
| 3 | Kerala | 29.9 | 19.3 | 47.1 |
| 4 | Nagaland | 27.4 | 27.9 | 26.6 |
| 5 | Manipur | 22.9 | 19.9 | 27.5 |
Top 5 States & UTs with Lowest Youth UR:
| Rank | Indian State/Union Territory | Total UR (%) | Male UR (%) | Female UR (%) |
|---|---|---|---|---|
| 1 | Madhya Pradesh | 2.6 | 2.8 | 2.1 |
| 2 | Gujarat | 3.1 | 3.3 | 2.7 |
| 3 | Jharkhand | 3.6 | 4.8 | 1.5 |
| 4 | Delhi | 4.6 | 4.6 | 4.8 |
| 5 | Chhattisgarh | 6.3 | 6.6 | 5.8 |
Recent Related News:
i.On May 7, 2024, Securities Exchange Board of India (SEBI) has mandated Investment Advisors (IAs) to submit periodic reports for half-yearly periods ending on September 30 and March 31 of every financial year.
ii.The Ministry of Statistics & Programme Implementation (MoSPI) released a report titled ‘Payroll Reporting in India: An Employment Perspective January to April, 2024‘ which highlights a decline in gross new subscribers/members addition to the Employees’ Provident Fund Organisation (EPFO) for the Fiscal Year 2023-24 (FY24) by over 4% to 10.9 million as compared to FY2022-23 (FY23).
About Ministry of Statistics and Programme Implementation (MoSPI):
Minister of State (Independent Charge)– Rao Inderjit Singh (Constituency- Gurugram, Haryana)
