The Ministry of Statistics has reported that India’s unemployment rate has increased to 5.60% by the end of May, up from 5.10% in April.
While multiple reasons are being discussed, some experts believe that certain policy decisions by the central government may have also contributed to this rise.
📊 Key Highlights:
- Women: Unemployment rate at 5.80%
- Men: Unemployment rate at 5.60%
- Youth (under 29 years): A significant jump from 13.80% to 15%
The growing joblessness among young people is particularly alarming.
What steps the central government will take to tackle this rising unemployment remains to be seen.
