Economy
India’s unemployment rate jumped to a record 6.1% in 2017-18
India’s unemployment rate jumped to a record 6.1% in 2017-18, reported Business Standard (Jan 31, 2019) Unemployment was at 2.2% in 2011-12. That means it tripled after demonetisation (November 2016). The financial daily cited the National Sample Survey Office’s unpublished Periodic Labour Force Survey.environment.
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Unemployment is high even people getting over 35 years of age. There is no data regarding unemployment in our country. An estimate done to vaccinate people over are 18 to 45 years to 90 crore. I believe most are survived because of parents income or ancenstoral income. If true picture is shown more than half of this population will be turned out without job.