"What Factors Will Influence the Unemployment Rate in India by 2025?"

Unemployment Rate (UR) in urban areas decreased from 6.8% to 6.7% during January – March 2023 to January – March 2024 for persons of age 15 years and above. Female UR decreased from 9.2% in January – March 2023 to 8.5% in January – March 2024.

India unemployment rate for 2022 was 4.82%, a 1.56% decline from 2021. India unemployment rate for 2021 was 6.38%, a 1.48% decline from 2020. India unemployment rate for 2020 was 7.86%, a 1.35% increase from 2019. India unemployment rate for 2019 was 6.51%, a 1.14% decline from 2018.

Currently Unemployment is increasing in Private sector. What is reason behind unemployment?

Reasons include a growing population, lack of quality education and skill development, inadequate job opportunities, slow economic growth, and insufficient investment in certain sectors.

The Indian economy has not been able to create enough remunerative jobs in the non-farm sectors for new educated youth labor force entrants,

What are main causes of unemployment? The main causes of unemployment in India are the caste system, inadequate economic growth, increase in population, agriculture as a seasonal occupation, loss of small-scale industries

Demand deficit unemployment is the biggest cause of unemployment that typically happens during a recession. When companies experience a reduction in the demand for their products or services, they respond by cutting back on their production, making it necessary to reduce their workforce within the organization.