Question

Consider the following statements regarding the unemployment rates (usual status ps+ss, for persons aged 15 years and above) as per the PLFS conducted from July 2023 to June 2024. Which of the statements are correct?

1. Kerala recorded an unemployment rate of 7.2 per cent.
2. The all-India unemployment rate stood at 3.2 per cent.
3. The unemployment rate in Kerala was lower than the all-India average.
4. The all-India unemployment rate significantly increased from 2022-23 to 2023-24.

• A. ഒന്നും രണ്ടും
• B. രണ്ട്
• C. മൂന്നും നാലും
• D. രണ്ടും മൂന്നും

Answer 1

Answer:

A. ഒന്നും രണ്ടും

• India's unemployment rate, particularly when viewed through the lens of usual status, provides insights into long-term joblessness.

• While the national average indicates a relatively stable picture, Kerala's significantly higher unemployment rate suggests structural challenges within its economy.

• This disparity often points to factors such as higher educational attainment leading to higher expectations for formal sector jobs, a decline in traditional industries, or insufficient job creation to match the growing educated workforce.

• nderstanding these regional variations is crucial for targeted policy interventions.