Explained: Why India's unemployment rate is rising sharply despite economic recovery
4 years ago

Explained: Why India's unemployment rate is rising sharply despite economic recovery

India Today  

India’s unemployment rate rose sharply to 9.1 per cent in December 2020 even as economic activity continues to increase. The unemployment rate in December was the highest in the past six months, since the beginning of India’s recovery in June after months of the lockdown, according to Mumbai-based think tank Centre for Monitoring Indian Economy The unemployment rate in December was over 2.5 per cent higher than the 6.5 per cent recorded in November, according to CMIE. LPR recovery A reason for the rising unemployment rate in December was the partial recovery of the labour participation rate, according to CMIE. While the increase in labour force contributed partly to the rising unemployment rate, a fall in employment also increased unemployment numbers last month.

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History of this topic

Little change in India’s unemployment rate in urban areas: PLFS data
1 month, 3 weeks ago

Little change in India’s unemployment rate in urban areas: PLFS data

Hindustan Times  

India’s unemployment rate in urban areas during July-Sept 2024 stood at 6.4%, compared to 6.6% in the same period last year, according to the government’s quarterly periodic labour force survey released on Monday. According to the government’s Economic Survey 2023-24, India needs to create 7.85 million non-farm jobs every year until 2030 to absorb its growing labour force. The labour …

Urban labour market shows improvement as unemployment declines in September quarter
1 month, 3 weeks ago

Urban labour market shows improvement as unemployment declines in September quarter

Live Mint  

India's urban labour market demonstrated steady gains in July-September, with rising workforce participation and a slight dip in unemployment, according to recent data. Urban unemployment rate, a key indicator of joblessness, fell to 6.4% in July-September, down from 6.6% a year prior, as per data from the Ministry of Statistics & Programme Implementation on Monday. The Labour Force Participation Rate …

Unemployment rate remains unchanged at 3.2pc in July 2023 to June 2024
3 months, 3 weeks ago

Unemployment rate remains unchanged at 3.2pc in July 2023 to June 2024

New Indian Express  

NEW DELHI: Unemployment rate for persons aged 15 years and above has remained unchanged at 3.2 per cent in July 2023 to June 2024, according to the labour force survey annual report released on Monday. Labour Force Participation Rate in usual status for persons of age 15 years and above was 60.1 per cent during July 2023 - June 2024 …

FY24 unemployment rate unchanged at 3.2%
3 months, 3 weeks ago

FY24 unemployment rate unchanged at 3.2%

Hindustan Times  

India’s annual unemployment rate remained unchanged at 3.2% in 2023-24, mirroring the previous year’s figure, despite an increase in the number of people working or looking for a job, according to the latest annual Periodic Labour Force Survey report released on Monday. FY24 unemployment rate unchanged at 3.2% {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} This marks the first time the headline unemployment …

Urban unemployment rate at 6.7% in quarter ending March 2024 : NSSO data
7 months, 4 weeks ago

Urban unemployment rate at 6.7% in quarter ending March 2024 : NSSO data

Hindustan Times  

India’s urban unemployment rate in the quarter ended March 2024 was 6.7%, according to data released by the National Sample Survey Office on Wednesday. On a sequential basis – quarter on quarter – the unemployment rate increased between quarters ended December 2023 and March 2024 for the first time after the quarter ended June 2021. The 6.7% urban unemployment rate …

The week in 5 charts | Uttarkashi tunnel rescue, India’s GDP increases in Q2, Unemployment rate dips, and more
1 year, 1 month ago

The week in 5 charts | Uttarkashi tunnel rescue, India’s GDP increases in Q2, Unemployment rate dips, and more

The Hindu  

After 17-days, trapped workers rescued from the Uttarkashi tunnel On November 12, when portions of the Silkyara-Dandalgaon under-construction tunnel on the Brahmkhal-Yamunotri highway collapsed, 41 workers were trapped with no way out. GDP surges 7.6% in Q2, goes past RBI forecast India’s Gross Domestic Product grew at a higher-than-expected 7.6% in the July to September 2023 quarter, as per initial …

Unemployment rate in India is at its lowest level in six years: PM Modi
1 year, 3 months ago

Unemployment rate in India is at its lowest level in six years: PM Modi

The Hindu  

Prime Minister Narendra Modi on October 12 said India's expanding economy is creating new possibilities for the youth and the unemployment rate in the country is at its lowest level in the last six years. In a video message to the Kaushal Deekshant Samaroh of the Ministry of Skill Development and Entrepreneurship, the prime minister noted that new possibilities are …

India's unemployment rate hits 6-year low at 3.2% in latest government data
1 year, 3 months ago

India's unemployment rate hits 6-year low at 3.2% in latest government data

India TV News  

India's unemployment rate for individuals aged 15 and above has reached its lowest point in six years, registering at 3.2% during the period from July 2022 to June 2023, according to the Periodic Labour Force Survey Annual Report 2022-2023 released by the National Sample Survey Office. Rise in labour force participation The Labour Force Participation Rate in usual status for …

Unemployment rate dips in India
1 year, 5 months ago

Unemployment rate dips in India

Deccan Chronicle  

New Delhi: India’s overall unemployment rate fell in July as rural areas saw increased demand for agriculture labour with the onset of monsoon rains. Rural unemployment rate fell to 7.89%, from 8.73% in June, while urban unemployment rate ticked up, to 8.06% from 7.87% in the same period. While the agriculture sector saw activity with improved rains, demand for labour …

Employment recovers beyond pre-Covid level: Economic Survey 2022-23 | DETAILS
1 year, 11 months ago

Employment recovers beyond pre-Covid level: Economic Survey 2022-23 | DETAILS

India TV News  

Economic Survey 2022-23: According to Economic Survey 2022-23 tabled in the Parliament on Tuesday, the labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years. Unemployment rate declined to 7.2 Quarterly urban employment data shows progress beyond pre-pandemic levels as the unemployment rate declined from 8.3 per cent in July-September 2019 to 7.2 per cent …

India's unemployment rate rises to 8.30% in December, highest in 16 months: Report
2 years ago

India's unemployment rate rises to 8.30% in December, highest in 16 months: Report

The Hindu  

India's unemployment rate rose to 8.30% in December, the highest in 16 months, from 8.00% in the previous month, data from the Centre for Monitoring Indian Economy showed on Sunday. The urban unemployment rate rose to 10.09% in December from 8.96% in the previous month, while the rural unemployment rate slipped to 7.44% from 7.55%, the data showed. The unemployment …

Year in Review | Indian economy amid global headwinds
2 years ago

Year in Review | Indian economy amid global headwinds

The Hindu  

Multiple headwinds at varied points of time impacted the Indian economy’s thorough economic revival in the calendar year 2022. “India’s growth rates in real terms of 9.7% in the first half of this year is well above the trend in other countries and is happening amid tightening global financial conditions and the commodity price shock since the Ukraine invasion by …

India's unemployment rate dips to 7.2 per cent in second quarter from 9.8
2 years, 1 month ago

India's unemployment rate dips to 7.2 per cent in second quarter from 9.8

India TV News  

India unemployment rate 2022 : The unemployment rate, defined as percentage of unemployed persons in the labour force in the country above the age of 15 years in urban areas eased to 7.2 during the second quarter of 2022-23 from 9.8 in the year-ago period, according to data of National Statistical Office's 16th Periodic Labour Force Survey. The data had …

Sharp drop in jobless rate
2 years, 3 months ago

Sharp drop in jobless rate

Deccan Chronicle  

Chennai: The unemployment rate in India declined to a multi-year low in September after touching an yearly high in August. As per the data of think-tank Centre for Monitoring Indian Economy, the jobless rate sharply fell to 6.43 per cent, the lowest in many years. However, in the previous month, the unemployment rate had touched 8.28 per cent, which was …

India's unemployment rate drops to 6.43% in September: CMIE
2 years, 3 months ago

India's unemployment rate drops to 6.43% in September: CMIE

The Hindu  

India's unemployment rate has drastically dropped to 6.43% in September due to an increase in labour participation in the rural and urban areas, according to data from the Centre for Monitoring Indian Economy. "In September, the unemployment rate has fallen significantly with an increase in labour participation in both urban and rural areas," CMIE managing director Mahesh Vyas told PTI …

Unemployment Rate Below Pre-Pandemic Levels, MGNREGA Work Demand Lowest in August: Govt
2 years, 3 months ago

Unemployment Rate Below Pre-Pandemic Levels, MGNREGA Work Demand Lowest in August: Govt

News 18  

The unemployment rate in urban areas has shrunk for the fourth consecutive quarter ending at 7.6 per cent in the June quarter of 2022, as against 14.3 per cent in the June quarter of the previous year, the monthly economic review by the finance ministry said on Saturday. “The unemployment rate is now below pre-pandemic levels as measures taken earlier …

India’s unemployment rate surges to 1-year high of 8.3% in August: CMIE
2 years, 4 months ago

India’s unemployment rate surges to 1-year high of 8.3% in August: CMIE

Live Mint  

India's unemployment rate increased to a one-year high of 8.3 per cent in August as employment sequentially fell by 2 million to 394.6 million, the Centre for Monitoring Indian Economy data said. "The urban unemployment rate is usually higher at about 8 per cent than the rural unemployment rate, which is usually around 7 per cent. In August the urban …

India’s unemployment rate plunges to 7.6% in April-June 2022: NSO survey
2 years, 4 months ago

India’s unemployment rate plunges to 7.6% in April-June 2022: NSO survey

Live Mint  

The unemployment rate in India for people aged 15 years and above in urban areas declined to 7.6 per cent during April-June 2022 from 12.6 per cent a year ago, the National Statistical Office said on 31 August. In January-March 2022, the unemployment rate in India for persons aged 15 years and above was 8.2 per cent in urban areas, …

At 6.80%, unemployment rate in India lowest in 6 months: Report
2 years, 5 months ago

At 6.80%, unemployment rate in India lowest in 6 months: Report

Hindustan Times  

The overall unemployment rate eased to 6.80% in July, a 1 per cent decline compared to June, the lowest since 6.56% in January, Centre for Monitoring Indian Economy, a private organisation reported on Monday. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} In rural India, the unemployment rate fell to 6.14% in July against 8.03% in the previous month. The data for urban areas …

At 6.80%, unemployment rate in India lowest in 6 months: Report
2 years, 5 months ago

At 6.80%, unemployment rate in India lowest in 6 months: Report

Hindustan Times  

The overall unemployment rate eased to 6.80% in July, a 1 per cent decline compared to June, the lowest since 6.56% in January, Centre for Monitoring Indian Economy, a private organisation reported on Monday. In rural India, the unemployment rate fell to 6.14% in July against 8.03% in the previous month. The data for urban areas suggests that unemployment rose …

Unemployment crisis in India is an invisible epidemic
2 years, 5 months ago

Unemployment crisis in India is an invisible epidemic

The Hindu  

Published : Jul 24, 2022 18:00 IST Shalini Ghosh runs a fairly popular boutique chain selling ethnic garments and gift items from West Bengal. Going by the CMIE statistics, one State that has witnessed a high level of unemployment among graduates is Bihar, with 34.2 per cent of its graduate workforce without a job. Speaking to Frontline, Jawhar Sircar, a …

Employment rate increasing in July after steep fall in June: CMIE
2 years, 6 months ago

Employment rate increasing in July after steep fall in June: CMIE

Firstpost  

CMIE said India’s June 2022 labour statistics had been highly disappointing. Employment fell by 13 million from 404 million in May 2022 to 390 million in June 2022 Kolkata: After witnessing a steep fall in the employment rate in June 2022, economic think-tank Centre for Monitoring Indian Economy has estimated that the trend has been reversing in the current month. …

Unemployment rate decreasing in India: CMIE
2 years, 9 months ago

Unemployment rate decreasing in India: CMIE

The Hindu  

Unemployment rate in the country is decreasing with the economy slowly returning to normal, according to CMIE data. The Centre for Monitoring Indian Economy's monthly time series data revealed that the overall unemployment rate in India was 8.10% in February 2022, which fell to 7.6% in March. Retired professor of economics at Indian Statistical Institute Abhirup Sarkar said that though …

Unemployment rate goes down in India: CMIE
2 years, 9 months ago

Unemployment rate goes down in India: CMIE

India TV News  

Highlights The unemployment rate in the country is decreasing with the economy slowly returning to normal: CMIE Overall unemployment rate fell from 8.10% in February 2022 to 7.6% in March Decrease in the ratio shows that the economy is getting back on track after being hit by Covid19 The unemployment rate in the country is decreasing with the economy slowly …

Whither unemployment benefits
2 years, 9 months ago

Whither unemployment benefits

The Hindu  

Even before COVID-19, the unemployment rate touched a peak in 2017-18 at 6.1%. As per the Centre For Monitoring Indian Economy, the average urban unemployment rate remained higher at 9.04% in 2021 and above 7% in January-February 2022. However, under the Employees’ State Insurance Act, 1948, the Rajiv Gandhi Shramik Kalyan Yojana provides unemployment allowance to involuntarily unemployed insured persons …

India's unemployment rate drops to 6.57% in Jan, lowest since March 2021: CMIE
2 years, 11 months ago

India's unemployment rate drops to 6.57% in Jan, lowest since March 2021: CMIE

India Today  

India's unemployment rate has fallen to 6.57 per cent in January, which is the lowest since March 2021, as the country gradually recovers with the easing of restrictions following a decline in Omicron cases, according to the Centre for Monitoring Indian Economy. In December, the unemployment rate stood at 7.91 per cent, with urban at 9.30 per cent and rural …

Explained: How India's growing job crisis frustrates its youth
2 years, 11 months ago

Explained: How India's growing job crisis frustrates its youth

India Today  

Srijan Upadhyay supplied fried snacks to small eateries and roadside stalls in the poor eastern Indian state of Bihar before Covid-19 lockdowns forced most of his customers to close down, many without paying what they owed him. Read | The Great Resignation: Why are so many people quitting jobs ‘NOT ENOUGH JOBS FOR US’ "There are not enough jobs for …

Unemployment rate hits 4-month high in December amid Covid surge
3 years ago

Unemployment rate hits 4-month high in December amid Covid surge

India Today  

India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian Economy showed on Monday. The unemployment rate rose to 7.9% in December from 7.0% in November, its highest since 8.3% in August. Read | GDP at record high but unemployment continues to rise Urban unemployment rate rose to 9.3% in December from 8.2% in …

Unemployment rate declines in Telugu states
3 years, 2 months ago

Unemployment rate declines in Telugu states

Deccan Chronicle  

Visakhapatnam: The unemployment rate fell in Telugu-speaking states – Andhra Pradesh and Telangana in the latest October after witnessing a surge during the peak Covid19 period in months like May and June this year, compared with India's rate. The unemployment rate was worst in states Rajasthan and Haryana, which touched nearly 30% while lowest in the states like Odisha, Karnataka, …

GDP at record high but unemployment continues to rise
3 years, 4 months ago

GDP at record high but unemployment continues to rise

India Today  

Unemployment in the country continues to rise even as all indicators of growth including gross domestic product indicate rapid economic recovery. The latest unemployment rate data released by the Mumbai-based think-tank Centre for Monitoring Indian Economy show that 1.5 million people or 15 lakh people lost jobs in August. The latest unemployment data released indicates that employment gains made in …

Unemployment rate rises sharply in rural areas: CMIE data
3 years, 5 months ago

Unemployment rate rises sharply in rural areas: CMIE data

India Today  

The unemployment rate has spiked in rural areas across the country, rising from 6.75 per cent in the week ended July 25, according to fresh data from the Centre for Monitoring Indian Economy. Urban unemployment rose to 8.01 per cent in the week ended July 25, rising marginally from 7.94 per cent a week ago. Read | Urban unemployment touched …

Urban unemployment touched 21% in April-June quarter last year: Centre
3 years, 5 months ago

Urban unemployment touched 21% in April-June quarter last year: Centre

India Today  

Unemployment rate touched 20.8 per cent in urban India in the April-June 2020 quarter, Union Labour Minister Bhupender Yadav told Parliament on Monday. "As per the Periodic Labour Force Survey quarterly bulletin April-June 2020, the quarterly unemployment rate, as per Current Weekly Status in urban areas for persons of age 15 years and above in the country to the extent …

Over a crore Indians lost their jobs in second COVID-19 wave, income declined in 97% families: CMIE
3 years, 7 months ago

Over a crore Indians lost their jobs in second COVID-19 wave, income declined in 97% families: CMIE

Firstpost  

The unemployment rate measured is likely to increase to 12 percent at the end of May, as against 8 percent in April, said CMIE chief executive Mahesh Vyas Mumbai: Over 10 million Indians have lost their jobs because of the second wave of COVID-19, and around 97 percent of households’ incomes have declined since the beginning of the pandemic last …

Covid-19: India may see 10% unemployment rate in May as local lockdowns hit jobs
3 years, 7 months ago

Covid-19: India may see 10% unemployment rate in May as local lockdowns hit jobs

India Today  

With the second wave of the Covid-19 pandemic far from over in India, states are likely to go slow on the process of unlocking key economic activity. IndiaToday.in had earlier reported that in the week ended May 23, the unemployment rate across the country had reached over 14 per cent, higher than the rate reported for the entire month of …

Covid hits economy: Labour participation falls, unemployment rises
3 years, 8 months ago

Covid hits economy: Labour participation falls, unemployment rises

India Today  

The second wave of Covid-19 has already triggered a health crisis in the country and may soon derail all efforts undertaken to revive the economy. As restrictions become tighter across states to prevent rising Covid-19 cases, several key economic indicators like production, sales, labour participation and employment have fallen. Vyas wrote that the labour participation rate, employment rate and unemployment …

Unemployment rate rises as Covid-19 returns to haunt Indian economy
3 years, 9 months ago

Unemployment rate rises as Covid-19 returns to haunt Indian economy

India Today  

Fresh restrictions imposed in different parts of the country due to the second Covid-19 wave could lead to job losses, similar to what was witnessed in 2020. The unemployment rate touched 8.6 per cent for the week ending April 11, from just 6.7 per cent two weeks ago, according to fresh data released by CMIE. Read | Covid-19: Over 9 …

One year since COVID-19 lockdown: India still recovering from unemployment blow
3 years, 9 months ago

One year since COVID-19 lockdown: India still recovering from unemployment blow

The Hindu  

India is still not out of the woods as far as unemployment is concerned after a year when the lockdown was imposed to contain the spread of deadly COVID-19 on March 25 last year as pandemic-induced job loss has not tapered off consistently. According to the Centre for Monitoring Indian Economy data, the unemployment rate was recorded at 6.9 % …

Even as economic recovery continues, India lost 5.5 lakh jobs in October
4 years, 2 months ago

Even as economic recovery continues, India lost 5.5 lakh jobs in October

Deccan Chronicle  

Chennai: Despite the economic recovery seen in October, the month has recorded a fall in employment for the first time since May, finds CMIE. However, the salaried class added close to 5 million jobs and businesses and farmers another five million, which led to a net job loss of 5.5 lakh, said Kruti Shah, economist, Emkay Global Financial Services. The …

India's unemployment rate rises to 6.98%: CMIE
4 years, 2 months ago

India's unemployment rate rises to 6.98%: CMIE

India Today  

India has recorded a spike in its unemployment rate in both urban and rural areas in the month of October, according to the Centre for Monitoring Indian Economy. In October, India's unemployment rate stood at 6.98 per cent. The data shows a big jump in unemployment in the month of October as it stood at 6.90 per cent, an increase …

India's economy shows early signs of recovery
4 years, 5 months ago

India's economy shows early signs of recovery

India Today  

India’s economy is showing early signs of recovery four months after a strict lockdown was imposed in the country to contain the novel coronavirus outbreak. While imports in July are 70 per cent of last year’s level,” he said during the inaugural session of the India Virtual FMCG Supply Chain Expo 2020, organised by the Federation of Indian Chambers of …

Good news for India's urban job seekers amid pandemic
4 years, 5 months ago

Good news for India's urban job seekers amid pandemic

India Today  

Millions of Indians have lost their jobs during the ongoing coronavirus crisis and continue to worry as the pandemic situation in the country seems to have taken a turn for the worst. But even as rising coronavirus cases and intermittent lockdowns threaten India’s employment recovery rate, data on new jobs added in July gives a fresh ray of hope. Not …

Unemployment rate still higher than pre-lockdown level as recovery slows down: CMIE
4 years, 6 months ago

Unemployment rate still higher than pre-lockdown level as recovery slows down: CMIE

India Today  

The unemployment rate in the country continues to remain high despite the sharp rebound in labour participation rate, said Mumbai-based think tank Centre for Monitoring Indian Economy. CMIE said the unemployment rate fell “very sharply” from 23.5 per cent in May 2020 to 11 per cent in June. However, the think tank’s Managing Director and CEO Mahesh Vyas said the …

India's unemployment rate back at pre-lockdown levels, jobs on the rise: CMIE
4 years, 6 months ago

India's unemployment rate back at pre-lockdown levels, jobs on the rise: CMIE

India Today  

India’s unemployment rate has eased to pre-lockdown levels of 8.5 per cent in the week ended June 21, said the Centre for Monitoring Indian Economy. CMIE managing director and CEO Mahesh Vyas said, “In the first three weeks of June the unemployment rate dropped dramatically to first, 17.5 then 11.6 per cent and now 8.5 per cent.” He went on …

India’s unemployment rate saw a small dip in 2018-19, says survey
4 years, 7 months ago

India’s unemployment rate saw a small dip in 2018-19, says survey

The Hindu  

India’s unemployment rate improved from the 45-year high of 6.1% in 2017-18 to 5.8% in 2018-19, says the latest Periodic Labour Force Survey, released by the Ministry of Statistics and Programme Implementation on Thursday. The labour force participation rate also improved marginally, from 36.9% in 2017-18 to 37.5% in 2018-19. The unemployment rate is the percentage of people without work …

Rural unemployment rate falls to 17.92%, lowest since lockdown
4 years, 7 months ago

Rural unemployment rate falls to 17.92%, lowest since lockdown

Live Mint  

NEW DELHI: Rural unemployment rate in India dropped to 17.92% in the week ended 31 May as against 25.09% in the previous week, marking the lowest job loss rate since the country went into a preventive lockdown in the fourth week of March. The national unemployment rate also fell to a two-month low in the week ended 31 May on …

Unemployment at 27.11%: Experts Say ‘Jobs Bloodbath’ to Worsen
4 years, 8 months ago

Unemployment at 27.11%: Experts Say ‘Jobs Bloodbath’ to Worsen

The Quint  

India’s unemployment rate soared to an unprecedented 27.11% for the week ending 3 May, according to data released by Mumbai-based think tank Centre for Monitoring Indian Economy. The unemployment rate in urban areas was marginally higher at 29.22% while rural unemployment rate was at 26.16%. The unemployment rate for the month of April saw a gigantic rise to 23.52% from …

India's unemployment rate spike to 23% due to Covid-19 lockdown
4 years, 9 months ago

India's unemployment rate spike to 23% due to Covid-19 lockdown

India Today  

According to a survey conducted by the CMIE Center for Monitoring Indian Economy Pvt. Ltd. India’s unemployment rate might have gone to more than 20 percent as the economy lost jobs after a nationwide lockdown took effect in the last week of March due to Covid-19 outbreak. Based on a sample size of 9,429 observations, the unemployment rate was 23.4 …

Data | The lockdown effect on jobs in India
4 years, 9 months ago

Data | The lockdown effect on jobs in India

The Hindu  

In the two weeks following the lockdown that began on March 24, the estimated share of the unemployed in India has reached a peak. Joblessness The overall unemployment rate in India, as measured by The Centre for Monitoring Indian Economy, showed a sharp increase in the two weeks following the lockdown. 5, 2020 40 45 Urban workers most hit The …

India's urban unemployment rate drops to 9.3 pc in Jan-Mar 2019: Govt data
5 years, 1 month ago

India's urban unemployment rate drops to 9.3 pc in Jan-Mar 2019: Govt data

India TV News  

The urban unemployment rate in the country fell to 9.3 per cent during January-March 2019 from 9.8 per cent in April-June 2018, government data showed on Saturday. The data showed that the unemployment rate in urban areas among males was estimated at 8.7 per cent during January-March 2019 as compared to 9 per cent during April-June 2018. The statement on …

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