In another study, it said that the country's booming construction industry, currently at US$70 billion, will rise to US$120 billion by 2010, requiring manpower of over 90 million from the current 30 million. The OECD report says that India also has the lowest rate of jobless people among BRIC nations. The country's unemployment rate stood at 6 per cent in 2005, compared with China's 8.3 per cent, Russia's 7.9 per cent and Brazil's 9.3 per cent. Moreover, the employment to population ratio is also lowest in India, the world's second-most populous country after China, at 50.5 per cent in 2005. In contrast, it stood at between 66-71 per cent in the other three BRIC countries. The study "Job Opportunities in Emerging Sectors" by Assocham said that high consumer spending has resulted in big interest in the retail sector, 97 per cent of which is still unorganised. It is estimated that the organised segment alone will add up to US$14 billion in market size by 2010 to cross US$21.5 billion, creating two million jobs directly. The hotel sector will need a new workforce of at least 94,000 by 2010-11.The aviation space is growing at 25 per cent yearly. The industry is expected to add 130 planes to the current fleet of 270 airliners and create 200,000 jobs by 2017, the study also said. The information technology (IT) and IT-enabled sector - the biggest employment generator - with a work force of 1.63 million in recent times, will continue to hire most aggressively and is expected to fall
