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More joblessness: ILO sees India's unemployment rate rising to 3.5% in 2018

According to ILO's latest report, the number of jobless in the country will increase to 18.6 million in 2018 and 18.9 million in 2019, against 18.3 million in 2017

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Unemployment Rate

Somesh Jha  |  New Delhi 

India could witness a higher unemployment rate of 3.5 per cent in 2018, a little more than the 3.4 per cent projected earlier, the International Labour Organisation (ILO) has said in its latest report. The unemployment rate in the country will stand at 3.5 per cent in 2018 and 2019 – the same level of unemployment seen in 2017 and 2016, the ILO’s ‘World Employment and Social Outlook: Trends 2018’ report said.

In its 2017 report, the ILO had projected unemployment rate in India at 3.4 per cent in 2017 and 2018. The ILO said the unemployment rate at a global level would ...

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First Published: Wed, January 24 2018. 00:36 IST
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