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Top 10 Indian states/UTs ranked by unemployment: India’s system has risen importantly since the 1980s, particularly aft LPG (liberalisation, privatisation, and globalisation) reforms successful the 1990s, on with the complaint of enlargement remaining changeless and accelerating successful the 2000s.
Despite economical crises and disruptions, similar the COVID-19 pandemic successful 2020 and 2021, the Indian system continues to grow astatine a gait of much than 6% connected mean implicit the past 4 decades.
Today, arsenic the fifth largest system successful the world, India’s economy, with a GDP exceeding $3.94 trillion successful 2024, is connected a accelerated track.
Going by IMF predictions, India is astir apt to overtake Japan to go the fourth-largest system successful the satellite by the extremity of 2025, and 2 years later, it volition overtake Germany to germinate into the world’s third-largest economy.
As the world’s astir populous country, India’s economical maturation communicative has benefitted from its ample and educated quality capital.
However, conversely, India’s educated young look greater unemployment rates, indicating a mismatch betwixt the Indian system and its labour market.
The Periodic Labour Force Survey (PLFS) for the period July 2023 to June 2024, issued by the Labour Bureau on Monday (September 23, 2024), showed no significant change in India’s unemployment rate, which remained at 3.2% in 2023-24 after five years of reduction.
The full younker unemployment complaint stands astatine 10.2%, with females astatine 11% and males astatine 9.8%, with an summation successful the joblessness complaint for women, up to 3.2% from 2.9% successful the erstwhile year.
Top 10 Indian states and UTs with the highest younker unemployment rates
Notably, UT Lakshadweep has the highest unemployment complaint among those aged 15 to 29, lasting astatine 36.2%, followed by Andaman and Nicobar Island, with an unemployment complaint of 33.6%.
Kerala, the authorities with the highest literacy rate, has a 29.9% unemployment rate, with 47.1% of females and 19.3% of males, according to the survey.
Furthermore, Kerala trails down different bluish and northeastern states successful presumption of worker-population ratio (WPR), that is, the percent of employed radical successful the population.
The findings of the probe highlighted that 24 Indian states and national territories (UTs) had double-digit unemployment rates betwixt July 2023 and June 2024.
Here are the apical 10 Indian states/UTs with the highest unemployment rate:
Source: National Sample Survey Office (NSSO) | Ministry of Statistics and Program Implementation | Government Of India.
Reference: Periodic Labour Force Survey (PLFS) for the play betwixt July 2023 and June 2024
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