Unemployment Levels Rising In India, Experts Say

Tuesday, 28 January 2014, 00:07 IST
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New Delhi: The count of people being without a job is on the rise in India as economic slowdown and slower business expansion activities cast a shadow on employment generation, say experts.



Indicating sluggishness in the country's job market, the International Labour Organisation (ILO) has said in its recent report that the unemployment scenario in India over the last two years has been showing a rising trend.



Going by ILO's latest estimates, India's jobless rate could be 3.8 percent  this year.



Ritu Mehrotra, VP Global HR and Talent Management of Bristlecone, a Mahindra Group company, said that due to migration to urban areas there is a sharp rise in the unemployment rate in rural areas as well.



"Government should step up their efforts to support skill and retraining activities to address the gaps between demand and supply of work skills and qualifications and to address long-term unemployment,"  
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Source: PTI
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