2 years, 4 months ago
At 6.80%, unemployment rate in India lowest in 6 months: Report
Hindustan TimesThe 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 in July to 8.21% against 7.30% in June, a pattern hinting that this growth may only be a short term relief for India. CMIE had earlier reported that the total employment in India fell to 390 million in June 2022, the lowest record since July last year.
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