The State of Kerala and its growth trajectory is unique in many ways. Though Kerala registered a growth of 8.24 per cent in 2012-13, the state recorded the highest unemployment rate in the country in the category of larger states according to the latest Economic Review of Kerala. Going by the live register of employment exchanges, there are 39.78 lakh unemployed people in the state.
The new statistics show that Kerala’s unemployment rate is 7.4 per cent, which is much higher than the national average of 2.3 per cent. But there is a reduction of 2.5 per cent in unemployment rate than last year. According to Economic Review 2012, Kerala’s unemployment level was 9.9 per cent.
The current daily status approach (CDS) shows that the Kerala’s unemployment rate for those aged between 15 and 59 was 16.5 per cent against the national average of 5.8 per cent. But the comparison with 2012 shows that unemployment rate....
