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Unemployment in India to increase in 2017-18; rate to remain at 3.4%: UN

Unemployment in India is projected to increase from 17.7 million last year to 17.8 million in 2017

Press Trust of India  |  United Nations 

Unemployment in India is projected to witness marginal increase between 2017 and 2018, signalling stagnation in job creation in the country, according to a UN labour report. The United Nations International Labour Organisation (ILO) released its 2017 World Employment and Social Outlook report on Thursday, which finds economic growth trends lagging behind employment needs and predicts both rising unemployment and worsening social inequality throughout 2017. Job creation in India is not expected to pick up pace in 2017 and 2018 as unemployment rises slightly, representing a ...

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First Published: Fri, January 13 2017. 11:20 IST
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