TNPSC Thervupettagam

Unemployment rate

January 10 , 2021 1289 days 7698 0
  • It was a data from the Centre for Monitoring Indian Economy (CMIE).
  • India’s unemployment rate in December 2020 stands at 9.06%.
  • This is also the first time that rural unemployment rate was higher than urban in the entire year of 2020.
  • The country saw very high unemployment rates during April (23.5%) - June (10.18%) in 2020 due to lockdown impact.
  • In terms of states, Haryana (32.5%) and Rajasthan (28.2%) had the highest unemployment rates in December 2020, while Odisha (0.2%) and Tamil Nadu (0.5%) saw the least.
  • The unemployment rate in Tamil Nadu declined to a five-year low of 0.5% in December 2020.
  • The unemployment rate in Tamil Nadu showed a direct correlation to the unlock guidelines.
  • When the state was under complete lockdown in April, the rate was 49.8%.
  • It was greater than national unemployment rate of 23.5% at that time.
  • Tamil Nadu had 41-million-person days of employment under the scheme in October 2020, the highest among states and an increase of 151% year on year.

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