According to Indian Governement’s job report, the unemployment rate of India is highest since 1970’s. The country’s unemployment rate – 6.1% – is the highest it has been since 1972-73. An unemployment rate of 6.1% may not sound too bad, but in 2011-12, it was just 2.2%. The unemployment is particularly high among people between 15 and 29 years.
The unemployment rate among young people is very high. Nearly one in every five is unable to find a job. The report was approved by India’s national statistics commission.