Top
Begin typing your search above and press return to search.
exit_to_app
DEEP READ
Why Eid celebration is so important to Muslims
access_time 2021-05-13T12:57:08+05:30
Who can save Congress from redundancy?
access_time 2021-05-10T13:19:13+05:30
Iran and the revival of JCPOA
access_time 2021-04-23T13:21:09+05:30
A model mosque in Gujarat
access_time 2021-04-12T17:13:34+05:30
Towards a digital emergency?
access_time 2021-02-27T14:50:41+05:30
exit_to_app
Homechevron_rightIndiachevron_rightCMIE reports increase...

CMIE reports increase in unemployment rate in India

text_fields
bookmark_border
CMIE reports increase in unemployment rate in India
cancel

The latest 30-day moving average released by Centre for Monitoring Indian Economy (CMIE) measured at 7.9 per cent with a significant increase from 6.51 per cent of last month. For urban and rural average, it marked at 8.2 per cent and 7.8 per cent respectively. Among Indian states, Haryana (25.6 per cent) and Rajasthan (18.6 per cent) have the largest unemployment rates. On the national average, a continuous increase in the unemployment rate has been monitored from last month. In 2019 December unemployment rate was marked at 7.6.

In November, the average employment rate in India marked at 6.51 and for urban India, it was 7.07 against 6.26 of rural India. During last month, employment rate in India was 2.4 per cent lower than 2019 November. The labour force who are actively looking for a job shrran by 16 million last month. In November 2020, the labour force was estimated at 421 million compared to 437 million in 2019-20.

After Covid-19 breakdown, the unemployment rate in India reached a peak of 23.52 in April and 21.73 in May. An appreciable reduction in the employment rate was observed from May till August where unemployment has risen again.

Show Full Article
TAGS:India employment CMIE Jobs 
Next Story