Unemployment in India (Special Reference To West Bengal) Pre, During & Post Covid Periods
Unemployment in India (Special Reference To West Bengal) Pre, During & Post Covid Periods
(Submitted for the Degree of B.Com. Honours in Accounting & Finance under
the University of Calcutta)
UNEMPLOYMENT IN INDIA
(SPECIAL REFERENCE TO WEST BENGAL)
: PRE, DURING & POST COVID PERIODS
Submitted By
Name of the Candidate : MRINMOY PAKHIRA
Registration No. : 431-1112-1154-20
CU Roll No. : 201431-21-0096
Name of the College : LALBABA COLLEGE
College Roll No. : 20200639
Supervised By
Name of the Supervisor : AMIT MITRA
Name of the College : LALBABA COLLEGE
MAY 24
Annexure- IA
Place : Belur
Date :
Signature : ……………………..
Name : AMIT MITRA
Designation: FACULTY MEMBAR OF
COMMERCE
College Name: LALBABA COLLEGE
2
Annexure- IB
Signature : …………………………..
Date: Name : MRINMOY PAKHIRA
Address : LILUAH
Registration No. : 431-1112-1154-20
CU Roll No. : 201431-21-0096
3
This report is an outstanding prospectus to convey my
respect to those many people whose timely help and guidance
went a long way in finishing the project work from
commencement to achievement.
I would like to express my sincere thanks to Dr.
SANJAY KUMAR (principal of our college) for giving me an
opportunity for pursuing the project.
This project could not be completed without the
guidance and support of Sir AMIT MITRA (Project
Supervisor).
I am grateful to many people for helping me to get the
information and an invaluable experience.
I also but not least to like thank my family, friends and
all of those people who helped me for completion and deeper
understanding to the concept of performance appraisal.
Working on this project has proved to be an enlightening
experience for me.
Thanking all…………
4
Sl. No. Particulars Page
No.
Chapter 1 INTRODUCTION 6 - 16
What is Unemployment ? 7
Types of Unemployment 8-9
Classification of Unemployment in India 10
Causes of Unemployment in India 11-12
How to measure Unemployment Rate 13
Impact of Unemployment in India 14
Government Initiative To Control Unemployment 15-16
Brief Review of Literature 17
Objectives of Study on Unemployment 18
Research Methodology 19
Limitations of this Project
20
Annexure QUESTIONNAIRE 57 - 59
5
Chapter – 1
6
What is Unemployment ?
The term unemployment refers to a situation when a person
who is actively searching for employment is unable to find work.
Unemployment is considered to be a key measure of the health of the
economy. The most frequent measure of unemployment is the
unemployment rate, which is the number of unemployed people divided
by the number of people in the labor force. Many governments offer
unemployment insurance to certain unemployed individuals who meet
eligibility requirements.
Unemployment is a key economic indicator because it
signals the ability (or inability) of workers to readily obtain gainful work
to contribute to the productive output of the economy. This doesn't
include people who leave the workforce for other reasons, such as
retirement, higher education, and disability. More unemployed workers
mean less total economic production will take place than might have
otherwise.
7
Types of Unemployment :-
8
6. Vulnerable Employment : Vulnerable employ ment is often
characterized by inadequate earnings, low productivity and
difficult conditions of work that undermine workers'
fundamental rights. It is defined as the sum of the
employment status groups of own account workers and
contributing family workers.
• These persons are deemed ‘unemployed’ since records
of their work are never maintained.
• It is one of the main types of unemployment in India.
9
Classification of Unemployment in India :-
Disguised
Unemploymet
Rural
Unemployment Seasonal
Unemployment
Unemployment
in India
Industrial
Urban Unemployment
Unemployment
Educated
Unemployment
10
Causes of Unemployment in India :-
11
• The production of cottage industries began to fall and
many artisans became unemployed.
12
How to measure Unemployment Rate :-
Unemployment is a situation when a person actively
searches for a job and is unable to find work. Unemployment indicates
the health of the economy.
The unemployment rate is the most frequent measure
of unemployment. The unemployment rate is the number of people
unemployed divided by the working population or people working
under labour force.
Unemployment rate = (Unemployed Workers / Total labour
force) × 100
13
Impact of Unemployment in India :-
14
Government Initiative To Control Unemployment :-
Several policies have been initiated by the
government to reduce the unemployment problem in the economy.
The policies to reduce unemployment are highlighted below:
In 1979 the government launched TRYSEM – Training of Rural
Youth for Self-Employment The objective of this scheme was to
help unemployed youth of rural areas aged between 18 and 35
years to acquire skills for self-employment. The priority under this
scheme was given to women and youth belonging to SC/ST
category.
15
per year to all the families whose adult members opt for unskilled
labour-intensive work.
National Skill Development Mission was set up in November
2014 to drive the ‘Skill India’ agenda in a ‘Mission Mode’ in order
to converge the existing skill training initiatives and combine
scale and quality of skilling efforts, with speed.
PMKVY – Pradhan Mantri Kaushal Vikas Yojana was launched in
2015. The objective of PMKVY was to enable the youth of the
country to take up industry-relevant skill training in order to
acquire a secured better livelihood.
The government launched the Start-Up India Scheme in 2016.
The aim of Startup India programmes was to develop an
ecosystem that nurtures and promotes entrepreneurship across
the nation.
Stand Up India Scheme also launched in 2016 aimed to facilitate
bank loans to women and SC/ST borrowers between Rs 10 lakh
and Rs. 1 crore for setting up a greenfield enterprise.
Reconstruction of
Agriculture
Rural
Rapid Steps to reduce
Industrialization
Development
Unemployment Schemes
Population
Control
16
Brief Review of Literature
Literature review shows the previous track record
of researches and helps trace the future track of research work that can
be undertaken by research scholars. A brief description of some of the
important works of research has been given as under.
17
Objectives of Study on Unemployment
18
Research Methodology
19
Limitations of this Project
20
Chapter – 2
21
Scenario of Unemployment Rate in India
Pre Covid Periods
The unemployment rate in India and other countries is
defined as the number of unemployed people as percent of the labor
force. The labor force includes the people who are either employed or
unemployed, i.e. who don't have a job but are actively looking for one.
The labor force does not include people who are not looking for work,
children and the retired.
Recent Values
22
Scenario of Unemployment Rate in India
Post Covid Periods
In April 2020, the International Labour Organisation
(ILO) estimated that nearly 2.5 crore jobs could be lost worldwide due to
the COVID-19 pandemic in 2020. Further, it observed that more than 40
crore informal workers in India may get pushed into deeper poverty due
to the pandemic. In this blog post, we discuss the effect of COVID-19 on
unemployment in urban areas as per the quarterly Periodic Labour
Force Survey (PLFS) report released last week, and highlight some of
the measures taken by the central government with regard to
unemployment.
23
Indian’s Economy Battles Widespread
Unemployment
The unemployment rate in India, Asia's third-largest economy, rose to
7.9% in December, which corresponds to about 35 million people,
Mahesh Vyas, managing director of the Centre for Monitoring Indian
Economy (CMIE), told DW.
24
West Bengal’s Economy During Covid-19 &
Post Covid-19
25
Chapter – 3
26
Unemployment Rate in India Pre Covid Periods (Monthly Time Series in %)
States Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb
2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2020 2020
Andhra 5.2 5.8 5.2 4.0 4.4 3.3 4.3 3.7 5.4 3.9 5.1 5.4 5.5 5.8
Pradesh
Assam 5.1 5.4 6.8 5.0 4.8 5.9 4.1 6.5 5.1 5.8 4.9 0.9 4.7 4.4
Bihar 8.7 11.5 11.3 12.2 10.6 10.6 13.8 11.8 10.1 12.7 13.1 10.7 10.6 10.3
Chhattisgarh 7.9 7.3 3.7 3.4 9.8 8.1 5.5 5.1 8.6 7.8 4.2 5.4 9.7 8.4
Delhi 12.2 11.6 13.1 8.4 12.3 12.7 14.6 13.6 20.4 12.5 16.0 11.2 22.2 14.8
Goa 7.5 7.1 8.9 9.3 2.8 10.7 11.8 3.7 3.5 10.4 24.7 11.8 8.9 2.8
Gujrat 5.8 5.5 4.5 3.0 3.4 5.5 4.8 3.9 6.2 5.2 5.9 4.4 5.5 6.4
Haryana 17.9 21.3 19.0 26.4 18.3 22.1 19.5 28.7 20.2 23.0 20.4 27.6 20.3 25.8
Himachal 13.9 13.8 18.8 19.6 13.4 12.6 20.7 19.2 15.6 16.7 23.3 20.2 16.8 16.8
Pradesh
Jammu & 17.1 15.2 15.2 10.6 16.3 14.7 16.3 22.4 19.9 20.7 14.6 12.5 21.1 20.8
Kashmir
Jharkhand 9.1 6.9 13.6 12.2 9.9 11.7 11.5 14.3 10.3 9.9 10.6 17.0 10.6 11.8
Karnataka 1.5 2.0 1.3 0.5 5.9 5.6 1.3 0.7 3.3 5.8 2.2 0.9 2.9 3.6
Kerala 6.6 7.4 6.4 8.8 6.4 8.0 6.2 9.1 5.4 7.4 5.8 9.2 5.3 7.6
Madhya 4.8 6.5 5.4 6.5 3.7 4.9 4.9 5.5 4.4 3.4 3.7 3.9 4.1 4.6
Pradesh
Maharashtra 5.7 3.7 3.3 4.1 4.7 5.3 4.8 5.3 5.5 5.4 5.3 4.9 5.0 4.7
Meghalaya 2.6 6.4 2.0 2.3 4.1 5.1 1.7 1.6 1.2 4.3 1.8 2.5 1.7 3.6
Odisha 4.2 6.6 2.8 6.4 4.0 4.3 3.0 3.6 4.2 4.3 4.3 4.4 1.9 3.1
Puducherry 1.7 0.9 0.3 0.4 0.8 0.0 0.0 7.5 0.8 1.2 0.9 4.0 0.6 1.8
Punjab 10.5 12.4 9.8 7.5 10.7 12.6 10.4 8.7 11.3 13.0 8.3 8.4 11.1 11.0
Rajasthan 7.7 10.6 9.7 12.6 6.6 13.9 10.2 13.1 7.5 14.2 11.5 15.0 11.0 15.2
Sikkim 13.2 8.3 6.8 4.8 13.3 9.0 6.8 2.1 6.4 7.1 9.7 3.3 NA NA
Tamil Nadu 2.2 1.9 1.7 1.2 0.9 1.2 4.8 5.8 1.8 1.3 2.5 5.7 1.6 2.1
Telengana 2.6 2.4 2.5 2.7 2.0 4.4 2.9 2.4 4.8 7.1 6.1 2.3 5.5 8.3
Tripura 32.6 26.2 23.0 25.4 30.9 26.4 23.4 27.9 31.2 27.3 25.8 28.6 32.7 28.4
Uttar 9.6 9.5 8.9 11.1 11.3 11.2 9.8 12.3 8.1 10.2 8.1 9.4 7.6 9.0
Pradesh
Uttarakhand 3.5 5.1 5.0 6.4 3.6 4.7 6.1 6.5 5.1 4.8 5.8 5.4 5.5 5.0
West Bengal 7.0 6.5 6.1 6.5 6.4 6.3 6.3 6.1 6.4 7.1 6.1 6.2 6.9 4.9
Source - CMIE
27
Situations of WEST BENGAL :-
States Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb
2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2020 2020
West 7.0 6.5 6.1 6.5 6.4 6.3 6.3 6.1 6.4 7.1 6.1 6.2 6.9 4.9
Bengal
WEST BENGAL
WEST BENGAL
8
7
6
5
RATE
4
3
2
1
0
MONTH
Column Chart
Jan-19
7%
West Bengal Feb-19
7%
Mar-19
7% Apr-19
8%
May-19
7% Jun-19
7%
Jul-19
7% Aug-19
36% 7%
Sep-19
Oct-19
7% 8%
Nov-19
Dec-19
7% 6%
Jan-20
7% 8% Feb-20
Pie Chart
28
Unemployment Rate in India During Covid Periods (Monthly Time Series in %)
States Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2021 2021 2021 2021
Andhra 5.8 20.5 17.4 3.3 8.3 7.0 6.4 6.6 6.0 6.7 4.5 3.7 5.9 4.9
Pradesh
Assam 4.8 11.1 9.6 0.6 3.8 5.5 1.2 3.0 4.0 7.6 1.5 1.6 1.1 0.2
Bihar 15.4 46.6 46.0 17.8 12.8 13.4 11.9 9.8 10.0 12.7 10.5 11.5 14.6 11.5
Chhattisgarh 7.5 3.4 10.5 14.2 10.3 5.6 2.0 6.7 3.4 7.2 6.4 6.0 2.7 3.0
Delhi 17.0 16.7 42.3 18.2 20.3 13.8 12.5 6.3 6.6 7.6 12.5 8.0 9.4 27.3
Goa 5.2 13.3 21.2 10.0 17.1 16.2 15.4 10.9 15.9 13.2 16.0 20.6 22.1 25.7
Gujrat 6.7 18.7 12.1 3.2 1.8 1.9 3.4 4.0 3.9 3.0 3.2 3.2 2.2 1.8
Haryana 25.1 43.2 29.0 26.7 24.2 33.5 19.3 27.3 25.6 32.5 17.6 26.3 27.6 35.1
Himachal 18.8 2.2 26.9 13.5 24.3 15.8 11.4 13.5 15.9 7.9 11.6 15.6 14.2 11.1
Pradesh
Jammu & 15.5 NA 18.7 17.9 10.9 11.1 16.2 16.1 8.6 16.6 21.9 14.2 9.5 11.4
Kashmir
Jharkhand 8.2 47.1 59.2 20.9 7.6 9.8 9.3 11.8 9.5 12.4 11.3 12.2 12.8 16.5
Karnataka 3.5 29.8 20.0 8.4 4.0 0.5 2.4 1.6 1.9 1.4 3.3 2.5 1.2 2.0
Kerala 9.0 17.0 17.9 9.7 7.1 11.0 5.9 3.9 5.8 6.5 5.5 4.3 5.9 7.5
Madhya 2.2 12.4 22.0 6.5 5.1 4.7 3.9 3.3 4.3 4.0 6.2 2.0 1.5 1.4
Pradesh
Maharashtra 5.8 20.9 15.5 9.2 3.9 6.2 4.5 4.2 3.0 3.9 3.8 3.8 3.5 5.5
Meghalaya 1.6 10.0 5.9 1.1 2.1 3.7 4.3 4.6 1.1 6.6 3.3 3.8 1.3 1.4
Odisha 13.1 23.8 11.4 3.8 1.9 1.4 2.1 2.2 1.7 0.2 3.0 2.5 1.6 1.9
Puducherry 1.2 75.8 58.2 4.2 15.5 5.0 10.9 6.2 2.2 2.7 7.6 5.8 1.4 2.7
Punjab 10.3 2.9 28.3 16.6 9.2 11.0 9.6 9.8 7.6 4.4 8.1 7.2 7.3 5.3
Rajasthan 11.9 17.7 15.7 14.4 15.8 17.5 15.3 24.1 18.5 28.2 17.7 25.6 19.7 28.0
Sikkim 23.6 2.3 24.5 4.5 4.5 12.5 5.7 0.9 1.9 0.7 0.0 4.3 1.7 1.8
Tamil Nadu 6.4 49.8 33.2 12.2 6.8 2.6 5.0 2.2 1.1 0.5 4.0 4.8 3.0 2.3
Telengana 5.8 6.2 14.7 10.6 5.4 5.8 3.3 2.9 1.6 7.0 4.3 5.6 3.7 5.0
Tripura 29.9 41.2 21.5 21.7 18.2 27.9 17.4 11.6 13.1 18.2 18.1 11.1 13.9 17.3
Uttar 10.1 21.5 20.4 9.5 5.6 5.8 4.2 3.8 5.2 14.9 4.9 4.1 4.1 6.3
Pradesh
Uttarakhand 19.9 6.5 8.0 8.6 12.4 14.3 22.3 9.2 1.5 5.2 4.5 4.7 3.3 6.0
West Bengal 6.9 17.4 17.4 7.3 6.8 14.9 9.3 10.2 11.2 6.0 5.2 6.2 7.5 7.6
Source - CMIE
29
Situations of WEST BENGAL :-
Table : Unemployment Rate (in %) in DURING Covid
Periods
States Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2021 2021 2021 2021
West 6.9 17.4 17.4 7.3 6.8 14.9 9.3 10.2 11.2 6.0 5.2 6.2 7.5 7.6
Bengal
10
8
6
4
2
0
MONTH
Column Chart
Pie Chart
30
Unemployment Rate in India Post Covid periods (Monthly Time Series in %)
States May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2021 2021 2021 2021 2021 2021 2021 2021 2022 2022 2022 2022
Andhra 12.8 7.4 8.7 6.5 6.1 5.4 6.3 5.6 6.2 7.1 9.2 5.3
Pradesh
Assam 0.1 0.6 1.9 6.7 3.5 3.7 4.1 5.8 8.5 10.2 7.7 1.2
Bihar 13.8 10.5 13.0 13.6 10.0 13.9 14.8 16.0 13.3 14.0 14.4 21.1
Chhattisgarh 8.0 2.6 3.2 3.8 4.4 3.0 1.8 2.1 3.0 1.7 0.6 0.6
Delhi 45.6 8.8 10.7 11.6 16.8 11.0 9.3 9.8 14.1 9.3 8.9 11.2
Goa 20.5 17.9 21.7 12.6 7.4 12.0 12.7 12.0 11.6 12.0 NA 15.5
Gujrat 2.3 1.8 1.8 1.6 1.3 2.4 1.4 1.6 1.2 2.5 1.8 1.6
Haryana 28.7 27.8 28.1 35.7 21.1 30.7 29.2 34.1 23.4 31.0 26.7 34.5
Himachal 7.7 16.9 15.0 3.7 8.7 14.1 13.8 9.4 13.9 11.7 12.1 0.2
Pradesh
Jammu & 11.9 10.6 15.4 13.6 21.4 22.2 21.2 15.0 15.0 13.2 25.0 15.6
Kashmir
Jharkhand 16.0 12.7 9.4 16.0 13.1 18.1 11.2 17.3 8.9 15.0 14.5 14.2
Karnataka 5.3 5.5 2.0 1.5 3.1 1.5 2.8 1.4 2.9 2.0 1.8 2.7
Kerala 23.5 15.8 7.5 7.8 8.9 5.4 7.1 6.7 5.0 5.0 6.7 5.8
Madhya 5.2 2.3 2.3 3.5 3.1 1.8 1.6 3.4 3.2 2.7 1.4 1.6
Pradesh
Maharashtra 5.8 4.3 4.3 4.4 4.5 4.3 4.7 3.8 4.2 4.3 4.0 3.1
Meghalaya 6.5 2.8 0.4 0.6 2.1 1.8 0.7 3.0 1.5 1.4 1.8 2.2
Odisha 7.0 3.6 1.1 2.2 2.8 1.1 0.6 1.6 1.8 1.0 9.7 1.5
Puducherry 24.0 47.1 9.6 8.6 11.2 6.0 6.3 6.2 7.8 3.7 4.2 5.6
Punjab 8.8 8.3 6.9 6.0 9.3 11.4 6.7 6.8 9.0 9.0 7.0 7.2
Rajasthan 27.6 26.3 21.1 26.7 17.9 29.5 20.2 27.1 18.9 32.3 25.0 28.8
Tamil Nadu 28.0 8.3 4.8 6.3 7.0 4.9 5.1 6.9 5.3 3.2 4.1 3.2
Telengana 7.2 4.8 4.0 4.7 3.6 4.1 4.1 2.2 0.7 12.9 6.8 9.9
Tripura 19.9 9.6 13.3 15.6 15.3 9.9 13.4 14.7 17.1 9.8 14.1 14.6
Uttar 6.9 4.3 5.0 7.0 5.0 4.2 4.8 4.9 3.0 2.7 4.4 2.9
Pradesh
Uttarakhand 5.5 4.8 3.2 6.2 4.1 3.3 3.1 5.0 3.5 4.6 3.5 5.3
West Bengal 19.3 22.1 7.4 7.4 6.8 5.6 6.7 7.3 6.4 6.3 5.6 6.2
Source - CMIE
31
Situations of WEST BENGAL :-
Table : Unemployment Rate (in %) in POST Covid Periods
States May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2021 2021 2021 2021 2021 2021 2021 2021 2022 2022 2022 2022
West 19.3 22.1 7.4 7.4 6.8 5.6 6.7 7.3 6.4 6.3 5.6 6.2
Bengal
WEST BENGAL
25
20 WEST BENGAL
15
RATE
10
MONTH
Column Chart
23% Nov-21
5% Dec-21
Jan-22
21% Feb-22
6%
Mar-22
18% Apr-22
Pie Chart
32
Comparison of Unemployment Rate (%) Between PRE,
DURING & POST Covid Periods :- WEST BENGAL
♦ MEAN :-
States Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb
2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2020 2020
West 7.0 6.5 6.1 6.5 6.4 6.3 6.3 6.1 6.4 7.1 6.1 6.2 6.9 4.9
Bengal
Mean = (7.0+6.5+6.1+6.5+6.4+6.3+6.3+6.1+6.4+7.1+6.1+6.2+6.9+4.9) / 14
= 6.343%.
States Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2021 2021 2021 2021
West 6.9 17.4 17.4 7.3 6.8 14.9 9.3 10.2 11.2 6.0 5.2 6.2 7.5 7.6
Bengal
Mean = (6.9+17.4+17.4+7.3+6.8+14.9+9.3+10.2+11.2+6.0+5.2+6.2+7.5+7.6) / 14
= 9.564%.
States May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2021 2021 2021 2021 2021 2021 2021 2021 2022 2022 2022 2022
West 19.3 22.1 7.4 7.4 6.8 5.6 6.7 7.3 6.4 6.3 5.6 6.2
Bengal
Mean = (19.3+22.1+7.4+7.4+6.8+5.6+6.7+7.3+6.4+6.3+5.6+6.2) / 12
= 8.925%.
33
Average Unemployment Rate (%) :- WEST BENGAL
WEST BENGAL
WEST BENGAL
Bar Chart
Findings :-
34
♦ MEDIAN :-
A. Unemployment Rate(%) in Pre Covid Periods (Monthly):-
WEST BENGAL
States Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb
2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2020 2020
West 7.0 6.5 6.1 6.5 6.4 6.3 6.3 6.1 6.4 7.1 6.1 6.2 6.9 4.9
Bengal
To find the median, we arrange the given rates in ascending order of
magnitude as follows:
4.9, 6.1, 6.1, 6.1, 6.2, 6.3, 6.3, 6.4, 6.4, 6.5, 6.5, 6.9, 7.0, 7.1
5.2, 6.0, 6.2, 6.8, 6.9, 7.3, 7.5, 7.6, 9.3, 10.2, 11.2, 14.9, 17.4, 17.4
35
5.6, 5.6, 6.2, 6.3, 6.4, 6.7, 6.8, 7.3, 7.4, 7.4, 19.3, 22.1
Clearly, total number of rates = 12
Therefore, the required median = value of rates in [(12+1)/2]th posit on = 6.5th position
= A.M. of the rates in 6th and 7th positions
= [(6.7+6.8)/2] = 13.5/2 = 6.75
Then , Median = 6.75%.
WEST BENGAL
WEST BENGAL
Bar Chart
Findings :-
36
♦ STANDARD DEVIATION & VARIANCE :-
A. Standard Deviation Of Unemployment Rate(%) In Pre Covid
Periods(Monthly) :- WEST BENGAL
MONTHS RATES (x) (x - x) = x- 6.343 (x - x)2
Jan-19 7.0 0.657 0.432
Feb-19 6.5 0.157 0.025
Mar-19 6.1 -0.243 0.059
Apr-19 6.5 0.157 0.025
May-19 6.4 0.057 0.003
Jun-19 6.3 -0.043 0.002
Jul-19 6.3 -0.043 0.002
Aug-19 6.1 -0.243 0.059
Sep-19 6.4 0.057 0.003
Oct-19 7.1 0.757 0.573
Nov-19 6.1 -0.243 0.059
Dec-19 6.2 -0.143 0.020
Jan-20 6.9 0.557 0.310
Feb-20 4.9 -1.443 2.082
x = 88.8 (x - x)2= 3.654
Clearly, the mean of 14 given rates = (88.8/14) = 6.343%.
If be the required standard deviation of the given data, then by
definition,
S.D( ) = (x - x)2/n = (3.654/14) = 0.511%.
Variance = 2 = 0.261%.
37
Clearly, the mean of 14 given rates = (133.9/14) = 9.564%.
If be the required standard deviation of the given data, then by
definition,
S.D( ) = (x - x)2/n = (225.471/14) = 4.013%.
Variance = 2 = 16.104%.
38
GRAPHICAL REPRESENTATION :-
WEST BENGAL
S.D Variance
28.398%
16.104%
5.329%
4.013%
0.511% 0.261%
Column Chart
Findings :-
Here, we can clearly see, the S.D of Pre
Covid Periods is too low i.e. 0.511% and Variance is
0.261%. In During Covid Periods S.D is comparatively
higher than Pre Covid periods i.e. 4.013% and Variance is
16.104%. And S.D is highest in Post Covid Periods i.e.
5.329% and Variance is 28.398%.
39
Chapter – 4
40
Survey Report Introduction
A survey is a data collection method used gather
information about individuals. It enables researches to collect a wide
range of information and data efficiently. A survey can be done through
several ways such as email, Questionnaire, Interview and so on.
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Occupation
Student Service Business Unemployed
15 13 3 9
Occupation
23%
37%
Student
Service
8%
Business
Unemployed
32%
Employed / Unemployed
Employed Unemployed
16 24
Employed/Unemployed
Employed Unemployed
40%
60%
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As the project title is Unemployment In India (Special reference to
West Bengal) : Pre,During & Post Covid Periods , I will proceeded my
project with the 60% people those who are unemployed in this survey.
Gender :-
Male 14
Female 10
Female
Male
43
Age :-
12
10
6 Nos. of People
0
Below 18 yrs 19 - 25 yrs 26 - 40 yrs 41- 60 yrs
Here, We can see, Out of 24 people, Nos. of Below 18 yrs people = 03,
Nos. between 19 yrs and 25 yrs people = 13, Nos. between 26 yrs and
40 yrs people = 03 & Nos. between 41 yrs and 60 yrs people = 05.
Therefore,
Percentage(%) of Below 18 yrs people = {(3/24)*100} = 12.5%.
Percentage(%) Between 19 yrs and 25 yrs people
= {(13/24)*100} = 54.17%.
Percentage(%) Between 26 yrs and 40 yrs people
= {(3/24)*100} = 12.5%.
Percentage(%) Between 41 yrs and 60 yrs people
= {(5/24)*100} = 20.83%.
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District :-
0
Hooghly Burdwan Howrah Kolkata North 24 PGS.
45
Locality :-
Rural 14
Urban 10
Urban
Rural
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Educational Qualification :-
Under Madhyamik
Higher Secondary
Graduate
Post Graduate
Reason of Unemployment
Don’t apply for
any jobs
Personal or
family issues
Employee
layoffs due to
Covid-19
Here, Out of 24 people, Nos. of unemployed people who don’t apply for
jobs = 04, Nos. of unemployed people who waiting for new job to start =
06, Nos. of people who are unemployed for personal or family issues =
02 & Nos. of unemployed people who lose their jobs for Covid-19 = 12.
Therefore,
Percentage(%) of unemployed people who don’t apply for any jobs
= {(4/24)*100 = 16.67%.
Percentage(%) of unemployed people who are waiting for new jobs
= {(6/24)*100} = 25%.
Percentage(%) of people who are unemployed for personal or family
issues = {(2/24)*100} = 8.33%.
Percentage(%) of unemployed people who lost their jobs for Covid-19
= {(12/24)*100} = 50%.
* Most of the people(50%) lost their jobs as employees layoffs
due to Covid-19.
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When you lost your Jobs? :-
Situations Nos. of People
Pre Cov id Periods 03
During Covid Periods 08
Post Covid Periods 05
Don’t Apply for jobs 03
No Answer 05
No Answer
Here, Out of 24 people , Nos. of people who lost their jobs in pre covid
periods = 03, Nos. of people who lost their jobs during covid periods =
08, Nos. of people who lost their jobs in post covid periods = 05, Nos. of
people who don’t apply for jobs = 03 & Nos. of people who don’t answer
= 05.
Therefore,
Percentage(%) of people who lost their jobs in pre covid periods
= {(3/24)*100} = 12.5%.
Percentage(%) of people who lost their jobs during covid periods
= {(8/24)*100} = 33.33%.
Percentage(%) of people who lost their jobs in post covid periods
= {(5/24)*100} = 20.83%.
Percentage(%) of people who don’t apply for any jobs
= {(3/24)*100} = 12.5%.
Percentage(%) of people who don’t give any response
= {(5/24)*100} = 20.84%.
* 33.33% people lost their jobs During Covid Periods.
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Any other source of Income :-
Yes
No
No Response
Here, Out of 24 people, Nos. of people who have other source of income
= 04, Nos. of people who have not any other source of income = 18,
Nos. of people who don’t give any response = 02.
Therefore,
Percentage(%) of people who have other source of income
= {(4/24)*100} = 16.67%.
Percentage(%) of people who haven’t any other source of income
= {(18/24)*100} = 75%.
Percentage(%) of people who don’t give any response
= {(2/24)*100} = 8.33%.
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How was your financial condition, when you were
Unemployed?
Ordinary
Too Poor
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Chapter – 5
52
CONCLUSION
53
SUGGESTIONS
54
Chapter - 6
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BIBLIOGRAPHY
Micro Economic Theory -- Gold & Ferguson
Business Economics and Business Environment -- Banerjee
& Majumdar ABS Publications
Indian Economy -- Dutt & Sundaram S.Chand
Publications
Indian Economy -- Fernando Pearson
Microecomics II and Indian Economy -- Dr. Ajoy Kr. Nandy
Bharoter Arthaniti -- Joydeb Sarkhel & Swapan Kr. Roy
WEBLIOGRAPHY
https://unemploymentinindia.cmie.com/
https://www.ilo.org/
https://mospi.gov.in/web/plfs
https://data-flair.training/blogs/unemployment-in-india/
https://prsindia.org/theprsblog/impact-of-covid-19-on-
unemployment-in-urban-areas
https://www.investopedia.com/terms/u/unemployment.asp
https://byjus.com/govt-exams/unemployment-in-india/
https://www.drishtiias.com/daily-updates/daily-news-
analysis/unemployment-in-india-1
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7206417/
https://www.theglobaleconomy.com/India/unemployment_rate/
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7785398/
https://www.dw.com/en/covid-indias-economy-battles-
widespread-unemployment-inflation/a-60612013
https://timesofindia.indiatimes.com/readersblog/small-
thoughts/impact-of-covid-19-on-employment-in-india-33336/
https://timesofindia.indiatimes.com/city/kolkata/1-out-of-6-in-
bengal-1-of-4-in-india-jobless-after-
lockdown/articleshow/76205049.cms
www.mygov.com
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ANNEXURE
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1. Name - ……………………………….
2. Occupation -
a) Student
b) Service
c) Business
d) Unemployed
Those answer was ‘No’ for the above question, Only they fill these
next questions -
4. Gender
a) Male
b) Female
5. Age
a) Below 18 years
b) 19 - 25 years
c) 29 - 40 years
d) 41 - 60 years
e) Above 60 years
6. District -
……………………....
7. Locality
a) Urban
b) Rural
8. Educational Qualification
a) Under Madhyamik
b) Higher Secondary
c) Graduate
d) Post Graduate
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9. You were Unemployed because of
a) Don’t apply for any jobs
b) Waiting for new job to start
c) Personal or family issues
d) Employee layoffs due to Covid 19
12. How was your financial condition, when you were unemployed?
a) Ordinary
b) Too Poor
c) Spending a day with great difficulty .
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