The unemployment rate is estimated to be 2.8 per cent in the Union Territory of Chandigarh. The neighbouring States of Punjab, Haryana and Himachal Pradesh have recorded unemployment rate of 5.8, 4.8, and 7.5 per cent respectively.
In a report of Fourth Annual Employment & Unemployment Survey 2013-14 released by labour Bureau here on Wednesday, the unemployment rate is estimated to be 4.9 per cent in the country in which 4.7 have been recorded in rural and 5.5 per cent in urban sector. The unemployment rate for the persons aged 18-29 years and holding a degree in graduation and above is found to be maximum with 28 per cent based on Usual Principal Status Approach at all India level.
While the unemployment rate has declined in Chandigarh, it has increased in Punjab and Himachal Pradesh as compared to previous data. In the previous survey report for 2012-13, the overall unemployment rate stood at 5.6 per cent (per 1,000 people aged 15 years and above) in Chandigarh while in 2011-12, the unemployment rate was 2.8 per cent. The unemployment rate was 6.3 per cent in Himachal and 4.8 per cent each in Punjab and Haryana in 2012-13.
According to the report 2013-14, the labour Force Participation Rate (lFPR) in Chandigarh is estimated to be 40.8 per cent and Worker Population Ratio is estimated to be 39.7 per cent. The Worker Population Ratio in Punjab is estimated to be 40.7 per cent, Haryana 42.3 per cent and 55.5 per cent in Himachal. The labour Force Participation Rate (lFPR) is estimated to be 44.4 per cent in Haryana, 60 in Himachal and 43.2 per cent in Punjab.
The lFPR in the country is estimated to be 52.5 per cent and Worker Population Ratio is estimated to be 49.9 per cent. The survey has been conducted in all the States and UTs by covering all the districts and is based on the field work executed from January to July, 2014. A sample of 1,36,395 households has been covered in the survey with a break up of 83,385 households in the rural and 53,010 in the urban sector.