India Adds Nearly 17 Crore Jobs in Six Years
Why in the news
The Labour and Employment Ministry released numbers showing that the Indian workforce grew by close to 17 crore over six years, and the headline linked this to unemployment easing to 3.2%.
Key facts
- 2017-18 employment: 47 crore 50 lakh.
- 2023-24 employment: 64 crore 33 lakh.
- Net addition: 16 crore 83 lakh jobs across six years.
- Unemployment rate: 3.2% as stated in the headline.
| Year | Employment |
|---|---|
| 2017-18 | 47 crore 50 lakh |
| 2023-24 | 64 crore 33 lakh |
| Change | +16 crore 83 lakh |
Exam angle
- Source of the data: Ministry of Labour and Employment.
- Comparison years: 2017-18 and 2023-24, a six-year gap.
- Remember the rounded gain of about 17 crore and the 3.2% unemployment figure.