Unemployment Rate In India 2024 Cmie. The number of employed in india jumped by one million in may taking the total number of employed in the country to 404 million and resulted in a drop in. In urban india, it is 8.60% whereas in rural india it is 7.30%.
Unemployment rate in india averaged 8.17 percent from 2018 until 2024, reaching an all time high of 23.50 percent in april of 2020 and a record low of 6.40 percent in september of 2022. The centre for monitoring indian economy’s monthly time series data revealed that the overall unemployment rate in india was 8.10 per cent in february.
Unemployment Rate In India Decreased To 7.64 Percent In March From 8.01 Percent In February Of 2024.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
Unemployment Rate In The Country Is Decreasing With The Economy Slowly Returning To Normal, According To Cmie Data.
However, the national unemployment rate has progressively decreased, falling to 3.1% in 2023 from 3.6% in 2022 and 4.2%in 2021.
Rudrani Bhattacharya, Associate Professor, National Institute Of.
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To Estimate The Key Employment And Unemployment Indicators (Viz.
India's unemployment rate witnessed a sharp decline to 6.57 per cent in january, the lowest since march 2021, as the country gradually recovers with easing of restrictions following a decline in omicron cases, according to cmie.
The Overall Unemployment Rate In India Has Increased To 7.83 Per Cent In April 2022 As Compared To 7.60 Per Cent In The Previous Month, Cmie Said In Its Report.
However, the national unemployment rate has progressively decreased, falling to 3.1% in 2023 from 3.6% in 2022 and 4.2%in 2021.