Contemporary employment situation in india
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Marketing Manager at Snappy technologies
Most top professionals and market gurus in India and abroad are of the opinion that India has never been hit badly economically in the past not even in the time of recession. This is a huge boost for the industry in India and there never has been a slump in employment. This shows that the economic backbone of India is strong than some of the developed countries of the world. Most global companies prefer India over other developing nations for setup because these companies know that India is growing at steady rate and in few years time it would be economically at par with some of the developed nations.
With the increase of number of companies coming to India and opening up their branches all over the country, the increase in the number of jobs have also risen sharply. Especially in metropolitan cities the availability of jobs is increasing day by day. This is good news for people who are fresh graduates and for professionals who are looking for not only better jobs but also high paid jobs. But the only sad part is that still there is significant inequality in wealth and income and it can only be solved in the long term.
The Labour Bureau under Union Ministry of Labour and Employment released an Annual Employment & Unemployment Survey report. The report for 2012-13 states that Sikkim has the maximum number of unemployed people where as Chhattisgarh has the minimum number of unemployed people in the country. Overall unemployment rate of the country is 4.7%. In Northern India, Jammu and Kashmir has the maximum unemployment rate followed by Himachal Pradesh, Delhi, Chandigarh, Punjab and Haryana. Unemployment rate in rural area is 4.4% whereas in urban area it is 5.7%.
According to a National Sample Survey Office (NSSO) last year also there was a dip in India’s employment rate that had gone down to 38.6% in 2011-12 (July-June) from 39.2% in 2009-10. With this unemployment rate had gone up from 2.5% to 2.7%. In the year 2004-05 the employment rate was 42%. In the five year period falling between 2004-05 and 2009-10, 2.7 million new jobs were created where as in the previous five years 60 million new jobs were created. As per the survey number of women who lost their jobs was more than that of men. Number of employed men between 2009 and 2012 remain almost same but number of employed women dropped from 18% to 16%. Though in terms of percentage it looks small but the actual figures are really daunting. In rural sector about 90 lakh women lost their jobs in the period of two years. On the other hand 35 lakh women were added to the workforce in urban areas. Overall unemployment rate in females was more as compared to males. For females it was 7.2% whereas for male the unemployment rate was 4%.
But as the start-ups are growing up in India...and we are taking some great steps to create a job sector for all kind of people,we can hope that India ll soon become the country with a great employment rate....
Lets begin a great future...
All the best to all freshers :)
The present employment situation of our country is not that great due to many reasons.
Some of those reasons are;
1) Increasing population every year.
2) Unfair reservation system.
3) Lack of new investments in job fields for creating new vacancies.
4) Retirement age is 50-60+ everywhere.
If we don't resolve the above mentioned problems ,the economic growth of our country will be degraded in the near future.