Published On : Thu, Jan 31st, 2019

Unemployment rate at 45-year high of 6.1% in 2017-18, reveals report

Advertisement

The country’s unemployment rate stood at a 45-year-high of 6.1 per cent in 2017-18, according to the National Sample Survey Office’s periodic labour force survey.

According to the report, accessed by Business Standard , is at the centre of a controversy after two National Statistical Commission members, including acting chairman, resigned on Monday, alleging that the government had withheld its release.

Gold Rate
3 May 2025
Gold 24 KT 93,800/-
Gold 22 KT 87,200/-
Silver/Kg 94,500/-
Platinum 44,000/-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above

According to the report, the unemployment rate was at its highest level since 1972-73.

The report reveals in 2011-12, the unemployment rate stood at 2.2 per cent and youth unemployment is at “astronomically high” levels of 13 to 27 per cent.

Advertisement
Advertisement