Topics
Basic Concepts in Economics
- Branches of Science
- Natural Science
- Social Science
- Concept of Economics
- Kautilya's Views on Economics
- Types of Economic Systems
- Capitalism
- Socialism
- Mixed Economy
- Branches of Economics
- Microeconomics
- Basic Concepts of Microeconomics > Want
- Basic Concepts of Microeconomics > Goods and Services
- Basic Concepts of Microeconomics > Utility
- Basic Concepts of Microeconomics > Value
- Basic Concepts of Microeconomics > Wealth
- Microeconomics > Personal Income
- Basic Concepts of Microeconomics > Personal Disposable Income
- Microeconomics > Economic Activity
- Types of Income
- Concept of Economic Good
- Macroeconomics
- Cyclical Unemployment
- Difference Between Economic Growth and Economic Development
Money
Partition Values
The Economy of Maharashtra
- Formation and Economic Progress of Maharashtra
- Administrative Divisions of Maharashtra
- Important Features of the Economy of Maharashtra
- Economic Development of Maharashtra
- Agricultural Sector
- Industrial Growth in Maharashtra
- Service Sector
- Core Areas of Service Sector
- Economic Infrastructure of Maharashtra
- Social Infrastructure of Maharashtra
- Measures for Social Infrastructure: Education
- Measures for Social Infrastructure: Health Services
- Co – operative Movement in Maharashtra
- Symbols of Educational Schemes in India
- Tourism in Maharashtra
- Hospitality
- Entertainment Industry
Rural Development in India
Population in India
- Concept of Population in India
- Trends in Population Growth
- Theories of Population Growth
- Population Explosion in India
- Types of Population Based on Resource Availability
- Birth Rate
- Death Rate
- Survival Rate
- Legal Age of Marriage for Males and Females in Different Countries
- The Population as a Human Resource
- Role of Human Resources in Economic Development
Unemployment in India
- Concept of Unemployment
- Important Terms of Employment and Unemployment
- Types of Unemployment
- Rural Unemployment
- Urban Unemployment
- Extent of Unemployment in India
- State-Wise Unemployment Rates in India
- Causes of Unemployment
- General Measures to Reduce Unemployment
- Effects of Unemployment
- Government Measures for Employment Generation
Poverty in India
- Concept of Poverty in India
- Prof. Amartya Sen’s Views on Poverty
- Multi-dimensional Poverty
- Key Concepts of Poverty
- Countries with Highest Extreme Poverty Rates
- Poverty Line
- Informal Sector and Related Activities
- Income Pyramid
- Types of Poverty
- Extent of Poverty in India
- Estimates of Poverty
- Causes of Poverty
- Effects of Poverty
- Sustainable Development Goals
- Understanding Maharashtra’s Tri Colour Family Ration Cards
- Eradication of Poverty
- Poverty Alleviation Programmes and Their Target Sectors
- Tracking Anti-Poverty Efforts
Economic Policy of India since 1991
- Economic Transition of India
- Main Objectives of the Economic Policy of 1991
- Features of the Economic Policy of 1991
- Public Bank Vs Private Banks Vs Foreign Banks
- Components of New Economic Policy
- Liberalisation
- Privatisation
- Globalisation
- Evaluation of the Economic Policy of 1991
- Corporate Social Responsibility
Economic Planning in India
- India’s Planning Commission
- Economic Planning in India
- Overview of the Bombay, People’s, and Gandhian Plans
- Features of Economic Planning
- Five Year Plans (FYP)
- 12th Five Year Plan (2012-2017)
- Levels of National Family Health Survey (NFHS)
- NITI Aayog (National Institution for Transforming India)
- Planning Commission VS NITI Aayog
- Introduction
- Data Trends (1993-2012)
- Unemployment Rate
- Real-Life Application
- Key Point Summary
Maharashtra State Board: Class 11
Introduction
Employment and unemployment are key indicators of an economy’s health. Understanding these trends helps us grasp how India’s labour force has changed over time.
Maharashtra State Board: Class 11
Data Trends (1993–2012)
- The size of India’s labour force rose steadily, from around 382 million in 1993–94 to nearly 484 million in 2011–12.
- The number of employed persons also increased, while the unemployed population saw a small rise from 7.5 million to 10.8 million in the same period.
- Surprisingly, the unemployment rate remained between 2.0% and 2.4% throughout, even as both the population and the labour force grew.
Maharashtra State Board: Class 11
Unemployment Rate
| Year | Labour Force | Employed | Unemployed | Unemployment Rate (%) |
|---|---|---|---|---|
| 1993–94 | 381.94 | 374.45 | 7.49 | 2.0 |
| 1999–2000 | 406.85 | 397.88 | 8.97 | 2.2 |
| 2004–05 | 468.73 | 457.56 | 11.17 | 2.4 |
| 2009–10 | 472.32 | 462.49 | 9.84 | 2.1 |
| 2011–12 | 483.75 | 472.91 | 10.84 | 2.2 |
Maharashtra State Board: Class 11
Real-Life Application
Imagine the number of unemployed as slices of a cake. If the whole cake (labour force) gets bigger each year, but the slice for unemployment stays the same size, the rate (or share) doesn't increase much.
Maharashtra State Board: Class 11
Key Point Summary
- India’s labour force and employed population both grew significantly between 1993 and 2012.
- Unemployment in absolute numbers also rose, but as a percentage, the rate stayed nearly flat.
- Stable unemployment rates, despite rising numbers, suggest that job creation kept pace with new entrants—though there were regional and demographic variations, especially among youth and women.
