
The government told the Lok Sabha that the unemployment rate among 15-29 year olds fell to 9.9% in 2025 from 10.9% in 2022, based on the latest Periodic Labour Force Survey. The…
The government told the Lok Sabha that the unemployment rate among 15-29 year olds fell to 9.9% in 2025 from 10.9% in 2022, based on the latest Periodic Labour Force Survey. The Worker Population Ratio for the same age group rose to 41.4% from 38.5% over the period.
Labour Minister Mansukh Mandaviya said employment generation is a priority. The government cited schemes such as the PLI programme, which has generated over 14.15 lakh jobs, and the Pradhan Mantri Viksit Bharat Rozgar Yojana, with an outlay of Rs 99,446 crore aimed at creating over 3.5 crore jobs. More than 12.5 lakh recruitment letters have been issued through Rozgar Melas since October 2022.
The government's PLFS data shows a clear drop in youth unemployment, but critics will seize on the fact that 9.9% still means nearly one in ten young Indians jobless. The jump in the worker-population ratio to 41.4% is more telling, yet the quality of those jobs, formal or informal, remains the real test. Watch the next quarterly PLFS report for the employment elasticity of GDP growth, not just the headline rate.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.