The unemployment scenario, according to the state government officials, is particularly worrying for the state as it is much higher when compared to the national average. During the first annual survey (2010-11), Bihar's unemployment rate was assessed to be 16.8% when the national average was 9.4%. While at the national level, unemployment rate has come down to less than half, Bihar's case remains at the alarming levels.
Gujarat had 10% unemployment during fiscal 2010-11, while Jharkhand's unemployment rate was found to be 27.4%. Both the states have done extremely well to reduce the rate of unemployment by creating job opportunities in different sectors, including the Mahatma Gandhi national rural employment guarantee scheme.
Contrary to the common belief, socially disadvantaged groups are found to be better off nationally when compared with the general category on both the parameters of labour force participation rate (LFPR) as well as unemployment rate.
At the all India level, the usual principal status rates of participation in the labour force for the SC, ST, and OBC groups were 55.9%, 59.7% and 53.3% as against 48.5% for the general category, said the report. There is a need to give explicit recognition to the importance of human resources in addition to land, access to credit and technology in livelihood systems. For the vast majority of landless and near landless people labour is the only tradable asset and this needs to be factored in to discussions on livelihoods which currently appear to be focused on farmers. In the case of Bihar migration is widespread even among the landed partly due to circumstance and partly as a planned stage in the advancement of the household. Improving education levels, skills and access to health services will go a long way towards building the future of Bihar’s migrants and the economy.
You May Also Find These Documents Helpful
-
In the United States, the current unemployment rate is down to 7.7 percent according to the U.S Bureau of Labor Statistic. The current number of unemployed persons is at about 12 million. This number has changed very little in the last year. Employment has increased in health care and retail.…
- 486 Words
- 2 Pages
Good Essays -
Our current unemployment rate is at 9.1 percent. Employment has been one of the biggest issues of why our economy is still not growing. People without jobs are unable to earn money to spend to stimulate the economy, while those that have a job are uncertain whether tomorrow they will still have it. This percentage could be inaccurate and may in fact be higher since many people have searched for so long and have become discouraged that they just dropped from the workforce. (Bureau of Labor Statistics)…
- 434 Words
- 2 Pages
Satisfactory Essays -
The unemployment rate is the number of people without work in any given jurisdiction. It’s expressed as a percentage. The United States unemployment rate is around 8.2%, whereas the state of Georgia is approximately 8.9% (Harris, ECO/372, June 13, 2012). Comparing the unemployment rate of a country to the…
- 1126 Words
- 5 Pages
Better Essays -
Nevada has the highest unemployment rate but it dropped from 11.5% last year to 9.6% this year. California too, has seen a big drop in its unemployment rate, from 10.7% to 9%. Rhode Island had also drop from 9% reading since 2008 to 8.8% today.…
- 357 Words
- 2 Pages
Satisfactory Essays -
Both the number of unemployed persons, at 11.3 million, and the unemployment rate, at 7.3 percent, changed little in August. The jobless rate is down from 8.1 percent a year ago. Among the major worker groups, the unemployment rates for adult men(7.1 percent), adult women (6.3 percent), teenagers (22.7 percent),…
- 349 Words
- 2 Pages
Good Essays -
Charles Riley. (2011). How has the Recession Impacted Families Financially over time. B & B…
- 1324 Words
- 6 Pages
Powerful Essays -
The unemployment rate in the United States as anticipated by the US Federal Bureau of Economic Analysis is around 6.7 percent as of the beginning of the 2014 in February as demonstrated on the graph pictured above. This number is estimated using the numbers given for persons in the United States that have been actively looking for job opportunities as a percentage of the labor force. This number has been gradually decreasing since July 2012 and will continue to decline as the job market continues to expand with new technologies and education. Although, during the holiday seasons the unemployment always goes down, but as soon as they end, such as after Christmas and thanksgiving the number increases by almost 2 percent. The number of federal employees in 2012 decreased to almost 22 million jobs which is .5 percent less than the year before. Due to the fact that these numbers are only compiled every…
- 1705 Words
- 11 Pages
Better Essays -
The Bureau of Labor Statistics is interested in collecting, analyzing, and distributing this information. The data comes from current population surveys conducted monthly by the Bureau of Census. The data consists of the population and the percent of that population that is in the labor force and employed or unemployed, and those not in the labor force. Historical monthly and quarterly data on the unemployment rate is available at http://data.bls.gov going back to 1948, though this paper discusses the data for July 2006 through March 2009.…
- 1267 Words
- 6 Pages
Powerful Essays -
“The unemployment rate is defined as the level of unemployment divided by the labor force. The labor force is defined as the number of people employed plus the number unemployed but seeking work.” (Trading Economics, 2010)…
- 916 Words
- 4 Pages
Better Essays -
On average, the labour force survey measure has exceeded the claimant count total by about 400,000 in recent years. This is perhaps the most accurate way with which to measure a scale of unemployment.…
- 1819 Words
- 8 Pages
Good Essays -
First of all, ‘the unemployment rate measures the fraction of the workforce that is out of work and looking for a job or expecting to recall from a layoff’. Even though unemployment is always being measured, it is believed that official unemployment differs from real unemployment. Official unemployment is presented by the people that are actively looking for a job but cannot find one. However, some people might have given up looking for a job as they have tried looking for one for so long, or some may just think they will not get a job either way so they do not look for it. Even though this is the case, we still look at what causes unemployment overall and how it can be combatted.…
- 1131 Words
- 5 Pages
Better Essays -
This paper looks at how much social class origin, caste and community and gender affect one’s chances of moving ahead in society by getting managerial and professional jobs and this trend changes over time.…
- 780 Words
- 4 Pages
Satisfactory Essays -
There are many causes of unemployment. The chief among them is the rapid growth of population. Chances of employment are decreasing day by day due to the use of machines which save labour.…
- 342 Words
- 2 Pages
Good Essays -
Unemployment lies at the core of poverty. For the poor, labor is often the only asset they can use to improve their well-being. Hence the creation of productive employment opportunities is essential for reducing poverty and it is crucial to provide decent jobs that secure income for the poor. As the rate of unemployment increases the poverty would also increase as the people’s wants would increase.…
- 1581 Words
- 5 Pages
Good Essays -
Unemployment is an important measure of the economy's strength. The low rate of unemployment shows the economic is in good condition. It means most of the people are able and willing to work. In contrast, the higher rate of unemployment means most of the labour force that is without jobs. It might affect the condition of national economy. The most worrisome is the rise in the share of the long-term unemployed.…
- 1575 Words
- 7 Pages
Powerful Essays