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Submitted By randeep14
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Unemployment is a burning issue in India and relates directly to the economic policies of the country. It also touches upon the other factors of the governance e.g. social, administrative etc. This report focuses more on the economic policy related solutions though briefly touches the other aspects as those are important to highlight. To quantify the problems statement the study group collected data from the Ministry of Labor Bureau India. The key excerpts of the data captured are given below:
Worker-population ratio
Worker-population ratio (WPR) is defined as the number of persons employed per 1000 persons.
WPR = (Number of employed persons/ Total population) X 100 … The graph is shown below. Labor force participation rate
Labor force participation rate (LFPR) is defined as the number of persons in the labour force per 1000 persons.
LFPR = (No. of employed + No. of unemployed persons/ Total Population) X 1000 … The graph is shown below.

Based on the data collected, the team analyzed it. trends and Issues
Though the data presented in the previous section has been obtained from Ministry of Labor Bureau India, there could be scope for improvement of the quality of the data because of the reasons as stated below: * What is the methodology followed to collect the data? * How many people have really reported that they want a job? * What is the method followed to capture this data and to what extent the data was available?
Though the government agencies might have tried their best to capture the data, the overall data related infrastructure and process constraints in India may leave some scope for improvement.
From the data, it is clear that * The % of people employed or seeking employment is very less. This has to do with the literacy issue in India and skill

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