Report on youth employment-unemployment scenario 2012-13 released

Radheshyam Jadhav, TNN | Dec 2, 2013, 06.05PM IST The Times of India

PUNE: Labour bureau of the ministry of labour and employment has released the report on `Youth Employment-Unemployment Scenario 2012-13'. It comprises the labour force estimates for specific age groups representing "youth" based on various approaches to measure employment and unemployment scenario in the country. According to the report Labour Force Participation Rate (LFPR) is estimated to be 31.2%, 47.3% and 39.5% respectively among age groups 15-24, 18-29 and 15-29 under UPS approach at all India level. Worker Population Ratio (WPR) is estimated to be 25.5%, 41.2% and 34.2% respectively among age groups 15-24, 18-29 and 15-29 under UPS approach at All India level. 

Unemployment Rate (UR) is estimated to be 18.1, 13.0 and 13.3 per cent respectively among age groups 15-24, 18-29 and 15-29 under UPS approach at all India level .Based on the survey results, majority of the persons employed under the age group 15-29 years are either self employed or casual worker. 

Based on usual principal status approach for the age group 15-29 years, 41.3 per cent employed persons are self employed followed by 34.7% under casual worker category and remaining 24% under wage/salaried employee and contract category worker classification. 

The survey results show that with increase in education level, the unemployment rate is also increasing for all age groups viz. 15-24 years, 18-29 years and 15-29 years. Every 1 person out of 3 persons who is holding a degree in graduation and above is found to be unemployed based on the survey results under the usual principal status approach for the age group 15-29 years. 

In rural areas the unemployment rate among graduates and above for the age group 15-29 years is estimated to be 36.6 per cent whereas in urban areas the same is 26.5 per cent. The unemployment rate among the persons who can`t read and write any language or are considered as "not literate" as per the survey is lowest with 3.7 per cent for the age group 15-29 years at All India level.

Press Information Bureau Government of India

Ministry of Labour & Employment 28-November-2013 17:44 IST

Report on Youth Employment-Unemployment Scenario 2012-13 Released 

 Labour Bureau, Chandigarh ,  an attached office of the Ministry of Labour & Employment released the Report on 'Youth Employment-Unemployment Scenario 2012-13' today.  It comprises the labour force estimates for specific age groups representing “Youth" based on various approaches to measure Employment & Unemployment scenario in the country.

 The main findings of the survey are as follows: 

·         Labour Force Participation Rate (LFPR) is estimated to be 31.2, 47.3 and 39.5 per cent respectively among age groups 15-24, 18-29 and 15-29 under UPS approach at All India level. ·         Worker Population Ratio (WPR) is estimated to be 25.5, 41.2 and 34.2 per cent respectively among age groups 15-24, 18-29 and 15-29 under UPS approach at All India level. ·         Unemployment Rate (UR) is estimated to be 18.1, 13.0 and 13.3 per cent respectively among age groups 15-24, 18-29 and 15-29 under UPS approach at All India level . ·         Based on the survey results, majority of the persons employed under the age group 15-29 years are either self employed or casual worker. 

·         Based on usual principal status approach for the age group 15-29 years, 41.3 per cent employed persons are self employed followed by 34.7 per cent under casual worker category and remaining 24.0 per cent under wage/salaried employee and contract category worker classification. ·         The survey results show that with increase in education level, the unemployment rate is also increasing for all age groups viz. 15-24 years, 18-29 years and 15-29 years. ·         Every 1 person out of 3 persons who is holding a degree in graduation and above is found to be unemployed based on the survey results under the usual principal status approach for the age group 15-29 years. ·         In rural areas the unemployment rate among graduates and above for the age group 15-29 years is estimated to be 36.6 per cent whereas in urban areas the same is 26.5 per cent. ·         The unemployment rate among the persons who can't read and write any language or are considered as "not literate" as per the survey is lowest with 3.7 per cent for the age group 15-29 years at All India level. ·         The different approaches in such a survey are: usual principal status (UPS) approach, usual principal and subsidiary status (UPSS) approach, current weekly status (CWS) approach and current daily status (CDS) approach. The estimates of LFPR, WPR and UR under different approaches at all India level is as follows.

    in per cent

Approach 15-24 Year 18-29 Year 15-29 Year

Labour Force Participation Rate (LFPR)UPS 31.2 47.3 39.5UPSS 33.2 49.4 41.5CDS 30.7 46.1 38.6CWS 32.0 47.7 40.1

Worker Population Ratio (WPR)UPS 25.5 41.2 34.2UPSS 28.1 44.0 36.9CDS 25.4 40.2 33.6CWS 26.9 42.2 35.3

Unemployment Rate (UR)UPS 18.1 13.0 13.3UPSS 15.3 11.0 11.3CDS 17.2 12.7 13.0CWS 16.0 11.7 12.0

        

             The main features/parameters for the survey are:

·         The survey has been conducted in all the States/UTs by covering all the districts from October, 2012 to May, 2013. ·         A moving reference period of last twelve months from the date of survey is used to derive the estimates based on usual status approach. For current weekly and current daily status approach, the week comprising of seven days preceding the date of the survey is taken as the reference period.·         The labour force estimates are derived for the persons aged 15 years and above. A total sample of 1,33,354 households has been covered with a break up of 82,624 households in the rural sector and 50,730 households in the urban sector.·         Labour force and related estimates presented in the report are state-wise/ age-group wise/gender-wise/sector-wise  Status for  Northern Region·         In  the Northern Region, Labour Force Participation Rate in Haryana is estimated to be 35.3 per cent followed by 36.2 per cent in Punjab, 36.3 per cent in Chandigarh & 45.1 per cent in Himachal Pradesh for the age group 15-29 under the Usual Principal Status Approach.·         Under the Worker Population Ratio , it is estimated to be 31.0 per cent in Haryana followed by 31.3 per cent in Punjab & Chandigarh each & 37.2 per cent in Himachal Pradesh for the age Group15-29 year.             In case of Unemployment Rate for the age group 15-29 year in Himachal Pradesh a maximum with 17.7 per cent followed by 13.6 per cent in Chandigarh, 13.5 per cent  in Punjab and 12.3  percent in Haryana.

 The Labour Bureau has already released the results of the Third Annual

Employment & Unemployment Survey 2012-13 in two Volumes on 19th Sept, 2013. The present one is the third volume. The publication is available on the website of Labour Bureau (www.labourbureau.gov.in).

***Employment trends in india, slide share  

by Lal Sivaraj, student at Fortune institute of international business on Jun 19, 2013

Tougher days for job market as need-based hiring peter outSreeradha Basu & Devina Sengupta, ET Bureau Aug 9, 2013, 06.31AM IST

MUMBAI/BANGALORE: The job market, already in a dark zone with a hiring freeze in many sectors, may be headed for tougher days ahead as pockets of replacement or need-based hiring peter out, according to a cross-section of recruitment and staffing firm executives.

"There's a bloodbath across industries," says Shiv Agrawal, managing director, ABC Consultants. The job market has gone down by 20% to 25% over one year, with entry- and mid-level jobs hit the hardest, he says. "The next two quarters will be very difficult," adds Sudhakar Balakrishnan, managing director, Adecco India. "I will not be surprised if quarter four (October-December) is the worst in the past two years."

Multiple factors are contributing to the imminent job freeze: an across-the board slowdown, the rupee going into a tailspin, a turbulent political scenario, policy uncertainty and a poor investment climate.

While no sector is immune to the economic slowdown, the worst-affected are automobiles, BFSI, manufacturing, telecom, infrastructure and information technology.

Sales, customer service and logistics have so far held up the job market, says Manish Sabharwal, chairman, TeamLease Services. "Financial services, infrastructure and telecom have had hiring hypothermia for some time," he says. If political uncertainty continues, he adds, "even the domestic consumption engine of the labour market looks like it will run out of power."

When it comes to permanent hiring, the situation is very close to that in 2008 when the slowdown was at its peak, says Ajit Isaac, chairman and MD of Ikya Human Capital Solutions, which mainly recruits in the IT space. "What companies are doing now is called 'req scrubs'," he says, explaining that they are scrubbing requisitions, not increasing their permanent headcount and relying only on the temporary workforce.

Only last month, Ficci president NainaLalKidwai had warned the government of an imminent "grim employment scenario" in the face of large-scale layoffs and fresh hiring taking a hit. Assocham and Ficcisurveys show a steady downtrend in the number of companies expected to hire more people, and Nasscomhas announced that it expects hiring to decline by 17% this fiscal.Infrastructure companies, which have been hurt by high interest burden and the economic slowdown, have downsized their manpower to reduce costs. Hindustan Construction, Reliance Infrastructure, and Suzlon Energy among others have "rationalised" manpower.Power and infrastructure companies such as LancoInfratech, GMR, Reliance Infra have also lost top talent amid the slowdown in business but the companies have managed with internal resources instead of newrecruitments.Companies are getting extremely selective in recruiting new people, and are doing so only to fill critical gaps. A GMR spokesperson confirms this. "Since some of the company's projects have been commissioned in recent months, talent is being redeployed from these projects to other parts of the organisation," he says.For investment bankers, who sew up deals for Corporate India, jobs seem to have suddenly dried up. With fewer deals in the market and fees earned on deals coming down, banks have cut team sizes in order to sustain operations.

For the year ended December 2012, core investment banking fees for India shrunk to $349 million from around $600 million in the previous year, data from Dealogic, an investment banking data provider, shows. For the six months ended June 2013, the fees stood at $232 million.

And over the past year, around 233 bankers either quit or were shown the door as against only 103 who have found jobs, according to data collated by domestic head-hunting firm Vito India."We are not looking at new recruits and that is why we did not go to campus this year. We will replace people who have left us (either sacked or lost to attrition) only after there is a clear sign of a turnaround," says the managing director of a global investment bank, who does not wish to be named. His bank let go of several people last year, cutting his team size to less than 15.