Slightly reduced unemployment rate

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Prime Time Zone, Webdesk: The unemployment rate in the country fell to 6.52 per cent in March, according to the Center for Monitoring Indian Economy (CMIE). This is down slightly from 6.90 per cent in February. The unemployment rate rose to 9.06 per cent in December from 6.50 per cent in November last year. Then in January 2021, it was 6.53 percent. The unemployment rate rose to a high of 23.52 percent in April, when a nationwide lockdown was imposed to curb the spread of the corona.

The CMIE opined that the recent slight improvement in the unemployment rate is a sign that the economy in India is recovering. According to CMIE data, the unemployment rate in March was 7.24 per cent in urban areas and 6.19 per cent in rural areas. Earlier in February, urban unemployment was 6.99 per cent, while rural unemployment was 6.86 per cent. For the month of March, Haryana had the highest unemployment rate at 28.1 per cent, followed by Goa at 22.1 per cent and Rajasthan at 19.7 per cent. According to the CMIE, Telangana has an unemployment rate of 3.8 per cent and Andhra Pradesh 5.9 per cent.

hariharaestates Slightly reduced unemployment rate

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