Published on Jan 3, 2025
Current Affairs
Dr. Mansukh Mandaviya
Dr. Mansukh Mandaviya

♦ Employment generation in the country has witnessed a remarkable growth of 36 percent during the last ten years (2014-24).

♦ Ministry of Labour and Employment Dr. Mansukh Mandaviya said, over 17 crore additional jobs were created from 2014 to 2024.

♦ The Ministry said that around four crore 60 lakh jobs were generated in the country in 2024.

♦ Between 2014 and 24, employment opportunities in the Agriculture sector grew by 19 percent, 15 percent in the manufacturing sector, and 36 percent in the service sector. 

♦ As per the Ministry, the unemployment rate declined from 6 percent in 2017-18 to 3.2 percent in 2023-24.

♦ The Ministry said the employability of graduate youth grew significantly from 33.95 percent in 2013 to 54.81 percent in 2024. Over four crore 70 lakh youth aged between 18 to 28 years have joined EPFO in the last 7 years.