India Unemployed Persons  Forecast


Unemployed Persons in India is expected to be 49.55 Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Unemployed Persons is projected to trend around 54.44 Million in 2020, according to our econometric models.


India Unemployed Persons
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India Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 4.9 4.8 4.7 4.8 4.8 4.6
Employed Persons 29650 30013 30240 30312 30385 32200
Unemployed Persons 48.26 49.55 49.99 50.31 50.63 54.44
Labor Force Participation Rate 52.5 51.51 52.45 51.46 51.79 55.32
Population 1299 1309 1311 1315 1317 1340
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 60 60 60 60 60 60
Wages 272 284 289 292 296 356
Wages High Skilled 50300 53100 54500 57000 60000 87500
Wages In Manufacturing 347 382 400 402 404 425
Wages Low Skilled 11900 14600 15000 15400 15700 18000
Youth Unemployment Rate 12.9 15.5 15.5 15.5 15.5 13.5
Living Wage Family 19735 21400 22000 22500 22500 27000
Living Wage Individual 12110 12500 13000 13100 13100 18000