India's Unemployment At Record Low, Labour Market Being Transformed: Report

In the new report, the economists at the country's largest lender SBI also pitched for a "reinterpretation of old fashioned rhetoric" while looking at a subject like employment.

India's unemployment rate is at a record low and the country's labour market is undergoing a structural transformation, a report said on Tuesday.

In the new report, the economists at the country's largest lender SBI also pitched for a "reinterpretation of old fashioned rhetoric" while looking at a subject like employment.

"India's unemployment rate is at a record low, India's labour market is undergoing a deep structural transformation with self-entrepreneurship across all echelons and higher educational attainment emerging as key enablers," the report said.