The unemployment rate in urban areas was higher at 9.22 per cent compared to 8.28 per cent in March, the data released on Monday showed
Economists say job opportunities have been hit by sluggish domestic demand and the slow pace of economic recovery amid rising prices
"The government speaks a white lie when it claims the unemployment rate in the state is only around 6 per cent," Kundu told reporters here
Now, more than half of the 900 million Indians of legal working age -- roughly the population of the US and Russia combined -- don't want a job, according to the CMIE
He said if people use local goods for the next 25 years, then the country will not have to face the issue of unemployment
The decline in the LPR reflects the inadequacy of the growth in employment opportunities
CPI(M) said the official data on unemployment was a "gross underestimation" and the distress was severe in view of the "absence of any meaningful social security provisions" for majority of population
As Parliament was adjourned sine die on Thursday, the Congress alleged that the government ran away from debate on price rise, farmers and unemployment issues during the Budget Session.
The official, speaking on the condition of anonymity, said the forces would likely be redirected towards eastern Ukraine, but it was still not confirmed
The problem is that this recovery is grossly inadequate and the rate of recovery is not only too slow but is also slowing down
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 per cent in February 2022, which fell to 7.6 per cent in March. On April 2, the ratio further dropped to 7.5 per cent, with urban unemployment rate at 8.5 per cent and rural at 7.1 per cent. Retired professor of economics at Indian Statistical Institute Abhirup Sarkar said that though the overall unemployment rate is falling, it is still high for a "poor" country like India. The decrease in the ratio shows that the economy is getting back on track after being hit by COVID-19 for two years, he said. "But still, this unemployment rate is high for India which is a poor country. Poor people, particularly in rural areas, cannot afford to remain unemployed, for which they are taking up any job which comes in their way," Sarkar said. According t
In 2019-20, the poorest households accounted for 9.8% of all the households and only 3.2% of all the unemployed
Consumer sentiments had fallen by 15.7 per cent between March and June 2021 - the period of the second wave of Covid-19. The recovery since June has more than covered that fall
The estimates of unemployed persons in CWS give an average picture of unemployment in a short period of seven days during the survey period
Jobs held by graduates and post-graduates (graduates-plus) were increasing steadily till the pandemic
The Rashtriya Swayamsevak Sangh (RSS) has called for "Bharat-centric" models of employment generation to strengthen the economy and achieve sustainable and holistic development
The improvement in sentiments during the early months of 2022 essentially reflects an increase in the proportion of households that believe that their current household incomes are better than they we
In 2021-22, one female will hold a job for every four males employed. In 2020-21, the ratio was 1:5
The delinking of activities from employment status allows a better understanding of what the unemployed do, or as CPHS informs us, what is the nature of occupation of the unemployed
Prioritising employee wellbeing, creating a culture of belonging, and ensuring employees feel like their career goals can be met are also important drivers of intent to stay in India: Report