India's unemployment rate stood at 3.8 per cent last fiscal

Image
Press Trust of India Chandigarh
Last Updated : Jan 24 2013 | 2:11 AM IST

"Our unemployment level is much better than that of other countries like US, Spain and South Africa," Director General of Labour Bureau D S Kolmakar told reporters here today.

The latest report for the year 2011-12, released by Labour Bureau (under Union Ministry of Labour and Employment) here said Daman and Diu and Gujarat had unemployment rates of 0.6 per cent and 1 per cent respectively.

Chhattisgarh and Rajasthan stood at 3rd and 4th position in the list.

As for Punjab, its fiscal position may be "worrisome" but it peformed better in providing employment than states like Haryana, Delhi and Maharashtra during last financial year.

It was revealed that unemployment rate in Punjab stood at 1.8 per cent, the fifth lowest at all India level amongst states and UTs.

The unemployment rate at all India level stood at 3.8 per cent while in rural and urban areas it was 3.4 per cent and 5 per cent respectively, Kolmakar said.

Haryana and Union Territory of Chandigarh recorded unemployment rates of 3.2 per cent and 2.8 per cent respectively and secured 13th and 9th position respectively at all India level during the period. (MORE)

  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 09 2012 | 7:35 PM IST

Next Story