Unemployment in the Economy: Challenges & Potential in the Micro, Small and Medium Enterprises Sector

October 14, 2022

The Unemployment Rate (UR) has steadily climbed from 3.8 in 2011-12 to 5 by 2015-16. The slow and steady rise of the
figures has been accounted to severe under employment and low Labour Force Participation Rate (LFPR).