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Unemployment rate
January 10 , 2021
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- 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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