CMIE releases the data of the unemployment rate in India
Highlights
- Unemployment rate in the country at 8.3 percent in August
- The country’s unemployment rate was 6.8 percent in July
- The urban unemployment rate stood at 9.6 percent in August
Unemployment Rate: According to the latest data released by the Center for Monitoring Indian Economy (CMIE), Haryana has the highest unemployment rate among all the states and union territories of India with 37.3% per cent, followed by Jammu and Kashmir at 32.8%, Rajasthan at 31.4% and In Jharkhand 17.3% are unemployed. Chhattisgarh has the lowest unemployment rate at 0.4%, while Meghalaya and Maharashtra have unemployment rates of 2% and 2.2% respectively.
Unemployment at one year high
Let us inform that in August, the unemployment rate in the country had reached a one-year high of 8.3 percent. During this, employment had decreased by 20 lakh to 39.46 crore as compared to the previous month. According to data from the Center for Monitoring Indian Economy (CMIE), the unemployment rate in July stood at 6.8 per cent and employment stood at 397 million. CMIE Managing Director Mahesh Vyas told PTI-Bhasha, “Urban unemployment rate is generally higher than the rural unemployment rate, ie eight percent, while the rural unemployment rate is around seven percent.” The urban unemployment rate rose to 9.6 percent and the rural unemployment rate rose to 7.7 percent.” Vyas said erratic rainfall affected sowing activities and is one of the reasons for rising unemployment in rural India.
State wise unemployment figures-
- According to the data, Haryana had the highest unemployment at 37.3 percent during August
- After this the unemployment rate in Jammu and Kashmir is 32.8 percent.
- 31.4 percent in Rajasthan
- 17.3 percent in Jharkhand
- 16.3 percent in Tripura
- Unemployment rate lowest at 0.4 percent in Chhattisgarh
- 2 percent in Meghalaya
- 2.2 percent in Maharashtra
- 2.6 percent in Gujarat and Odisha
Unemployment rate decreased in July
Earlier, the country’s unemployment rate had come down to 6.80 per cent in July due to increased agricultural activities during the monsoon. It was at 7.80 per cent a month ago in June. The Center for Monitoring of Indian Economy (CMIE), an organization monitoring economic activities, had claimed a reduction in the unemployment rate while releasing the data for July 2022.