Unemployment rate declines to 1-year low of 7.09% in September: CMIE
According to CMIE, the unemployment rate in rural areas fell to 6.20% in September from 7.11% in August this year.
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Unemployment rate rises to 4-month high of 8.1% in April
Urban joblessness rate rises to 9.81% in April, while the rural unemployment rate eased to 7.34%
Unemployment rate jumps to 3-month high of 7.8% in March: CMIE
In urban areas, unemployment rate was 8.5% in March 2023, up from 7.9% in Feb 2023, while in rural areas, it stood at 7.4%, up from 7.2% in previous month
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Experts say with a high level of automation and digitisation, manufacturing may not remain an avenue for job creation and that focus is needed on services as well as self-employment.
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These employees got average wages worth ₹7 lakh; much higher than average salary received by factory employees that’s around ₹3 lakh.
India’s unemployment rate rises to 8% in Nov: CMIE
The unemployment rate in the urban areas stood at 8.96%, the rural areas saw 7.55% unemployment rate in the month.
India's jobless rate rises to 7.8% in Oct vs 6.4% in Sept: CMIE
The unemployment rate surged primarily due to a significant rise in the rural unemployment rate, essentially in non-agricultural rural India.
Unemployment rate drops to 6.4% in Sept; lowest in 4 yrs
The jobless rate fell in both urban and rural parts of the country, thanks to the addition of new jobs during September 2022.
India’s unemployment rate in July at 6-month low
Better monsoon and an uptick in agricultural activity in rural areas are reasons for a sharp decline in joblessness in July, says CMIE
Consumer sentiments recovery in July to be short-lived: CMIE
While consumer sentiments can make a handsome comeback in July, some caveats warrant caution to be attached to this reversal, CMIE says.
