Recent reports, from Times Of India, states that

“For the first time since Independence, employment has grown at a faster rate than population during a five-year period between 2000 and 2005.”

The above statement may prove a point of relief for government and many others, but it will remain only for short while. Further in the report Times Of India states that, despite the growth in the jobs, theres is huge growth in unemployment. You can read out complete report of Subodh Varma at TOI. I will like to summarize some key points of the report below…

1. Jobs Increased, also Unemployment Increased
2. Number of person working as a percentage of total population have increased a 2.85% a year between 2000 and 2005, which is well beyond the current population growth.
3. The NSSO (National Sample Survey Organisation) report also indicates that the number of households with at least one male and one female member working has increased in this period, compared to the previous five years.
4. Industrial Sector are generating more jobs and not the service sector.

Check the detailed information on same topic over here.