India Unemployment Rate: Bad news is coming out on the employment front in the country. The Center for Monitoring Indian Economy (CMIE) has released unemployment data in the country on Sunday. The unemployment rate in India has increased to 8.30 percent in the month of December 2022. This has been the highest in the last 16 months. In this, the situation has been much worse in urban areas than in villages. According to CMIE data, the highest unemployment rate has been in the state of Haryana at 37.4 percent, while the lowest unemployment rate in the state of Odisha is 0.9 i.e. below 1 percent.
See the condition of urban and villages
According to the data, the unemployment rate in cities has increased to 10.09 per cent in December 2022, from 8.96 per cent in the previous month. At the same time, the unemployment rate in rural areas has come down from 7.55 percent to 7.44 percent. Earlier in the month of November 2022, the unemployment rate was 8.00 percent. See what was the condition of the states….
|state||unemployment rate (per cent)|
|A state in Eastern India||19.1%|
|Jammu and Kashmir||14.8%|
Know what was the unemployment rate
According to media reports, CMIE Managing Director Mahesh Vyas says that the increase in unemployment rate is not as bad as it may seem. He said that because before this there has been a good increase in the rate of labor participation. It increased to 40.48 per cent in December, which is the highest in 12 months.