Among all States, only tiny States of Sikkim and Tripura have a higher unemployment rate than Kerala. According to the survey report, among major States Kerala has the highest Unemployment Rate (UR) of 12.5 as against the all India level of 5 per cent ( Appendix 4.1.52 and Figure 4.1.5). Similarly, the Worker Population Ratio (WPR) at all India level is estimated at 47.8 per cent comprising 27.7 per cent females, 72.1 per cent males and 45.9 per cent for trasngenders. At all India level, female LFPR is 23.7 per cent as compared to 75 per cent for male and 48 per cent for transgenders. Female’s LFPR is significantly lower compared to males. The Government has to frame appropriate policies to utilise the skilled manpower, which is the most abundant resource in the State.Īccording to the Fifth 5th Annual Employment-Unemployment Survey 2015-16 conducted by Ministry of Labour and Employment, Government of India, Labour Force Participation Rate (LFPR) at all India level is estimated at 50.3 per cent under Usual Principal Status Approach (UPS). This problem is more serious among the educated who are unable to utilise their skill and knowledge which they have acquired for effecting qualitative changes in the economy and society. unemployment retards the economic development of the State and creates social unrest. This is manifested most notably in a very pronounced incidence of unemployment which is more than two times the all-India average. Job creation has been a matter of serious concern in Kerala. In percentage terms, unemployment rate will remain at 3.4 per cent in 2017-18. Unemployment in India is projected to increase from 17.7 million in 2016 to 17.8 million in 2017 and 18 million in 2019. Job creation in India is not expected to pick up pace in 20 as unemployment rises slightly, representing a near stagnation in percentage terms.
Regarding Indian situation, the Report cites that India’s economic growth trends are lagging behind employment needs and predicts both rising unemployment and worsening social inequality throughout 2017. In particular, the global unemployment rate is expected to rise modestly in 2017 to 5.8 per cent from 5.7 per cent in 2016. The World Employment and Social Outlook Report, 2017 published by International Labour Organisation (ILO) points out that global unemployment levels and rates are expected to remain high in the short term, as the global labour force continues to grow.