What was the overall unemployment rate in India as reported in the 6th Annual Employment-Unemployment Survey conducted by the Labour Bureau?​

Correct option is A

S. Ans. (a)

Sol.
The correct answer is (a) 5.4%. According to the 6th Annual Employment-Unemployment Survey conducted by the Labour Bureau, the overall unemployment rate in India was reported as 5.4%. This survey was conducted for the year 2018-19, and it provided insights into the employment situation across rural and urban areas of India, including labor force participation and gender-specific unemployment rates.

Information Booster:

•        5.4% represents the unemployment rate, showing the percentage of people in the labor force who were actively seeking work but were unable to find employment.

•        The survey revealed variations in unemployment based on factors such as age, gender, and rural vs urban location.

•        Youth unemployment (ages 15-29) was significantly higher than the overall rate, reflecting challenges for young people entering the job market.

•        The female unemployment rate was notably higher than that for males, highlighting gender disparities in India's labor market.

•        The survey provided crucial data for policy formulation and planning around employment generation and skill development.