{"id":55586,"date":"2024-07-29T07:49:22","date_gmt":"2024-07-29T07:49:22","guid":{"rendered":"https:\/\/earlypostdaily.com\/?p=55586"},"modified":"2024-07-29T07:49:24","modified_gmt":"2024-07-29T07:49:24","slug":"mandaviya-predicts-unemployment-rate-will-drop-below-3-in-the-near-future","status":"publish","type":"post","link":"https:\/\/earlypostdaily.com\/index.php\/2024\/07\/29\/mandaviya-predicts-unemployment-rate-will-drop-below-3-in-the-near-future\/","title":{"rendered":"Mandaviya Predicts Unemployment Rate Will Drop Below 3% in the Near Future"},"content":{"rendered":"\n<p><strong>NEW DELHI, July 29 :<\/strong> Union Labour Minister Mansukh Mandaviya announced on Monday that there is no need for concern about job losses, as the country\u2019s unemployment rate is projected to fall below 3% in the near future. Currently at 3.2%, the unemployment rate has decreased from 6% in the 2017-18 period, thanks to employment generation under Prime Minister Narendra Modi\u2019s government, Mandaviya stated during Question Hour in the Lok Sabha.<\/p>\n\n\n\n<p>Mandaviya highlighted that the labour force participation rate has increased to 44% from 38% in 2017-18, while the work-population ratio has risen to 40% from 31% during the same period. In response to supplementary questions, he reiterated that the unemployment rate, which was 6% in 2017-18, has fallen to 3.2% and is expected to drop further to below 3%.<\/p>\n\n\n\n<p>\u201cThere is no need for concern about job losses, and there is no lack of jobs,\u201d Mandaviya emphasized.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI, July 29 : Union Labour Minister Mansukh Mandaviya announced on Monday that there is no need for concern about job losses, as the country\u2019s unemployment rate is projected to fall below 3% in the near future. Currently at 3.2%, the unemployment rate has decreased from 6% in the 2017-18 period, thanks to employment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":55587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54,22],"tags":[1032,73,1033,4589],"class_list":{"0":"post-55586","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest-news","8":"category-national","9":"tag-earlypostdaily","10":"tag-india","11":"tag-latestnews","12":"tag-mandaviya"},"_links":{"self":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/55586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/comments?post=55586"}],"version-history":[{"count":1,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/55586\/revisions"}],"predecessor-version":[{"id":55588,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/55586\/revisions\/55588"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/media\/55587"}],"wp:attachment":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/media?parent=55586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/categories?post=55586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/tags?post=55586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}