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Unemployment rate in India
November 7 , 2019
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- India’s unemployment rate in October rose to 8.5%, the highest level since August 2016, according to data released by the Centre for Monitoring Indian Economy (CMIE).
- Among States, Tripura and Haryana saw unemployment levels of more than 20% (the highest), while the unemployment was the lowest in Tamil Nadu at 1.1%.
- The CMIE’s figures are in line with the findings of the latest Periodic Labour Force Survey, which had estimated an unemployment rate of 6.1% between July 2017 and June 2018, the worst in 45 years.
- Periodic Labour Force Survey is a regular employment-unemployment survey released annually by the Ministry of Statistics & Programme Implementation since 2017.
CMIE
- Centre for Monitoring Indian Economy is a leading business information company.
- It was established in 1976, primarily as an independent think tank.
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