The labour participation rate has similarly fallen further from 35.5 per cent to 35.4 per cent and, the employment rate has now fallen to 26.1 per cent compared to 27 per cent in the earlier week
Unemployment was worse only in the pre-demonetisation period, according to the data, at 9.6% in August 2016.
In last 6 years, wages have grown at an average 10% a year within a narrow range of 9-12% per year. During this period, sales have grown at an average annual rate of 6% in wider range from -3% to +17%
The rural unemployment rate in the week ended October 6 was 8.3 per cent and in the second week it was 8.2 per cent
In the recent past we faced several challenges in execution of the survey
The V-shape pattern of the unemployment rate holds true for both, urban and rural unemployment rates
In the week ended May 13, consumer sentiment slipped marginally to 91.90 from 92.08 the previous week; unemployment rate rose to 5.82% from 5.85% during the same period, according to CMIE data
In the week ended May 6, consumer sentiment slipped marginally to 92.08 from 93.31 the previous week; unemployment rate rose to 5.85% from 4.69% during the same period, according to CMIE data