India’s unemployment rate rises to 7.83% in April, Haryana tops the list

0

Image Source : PTI (FILE IMAGE)

India’s unemployment rate rises to 7.83% in April

Highlights

  • India’s unemployment rate rose to 7.83 pc in April
  • Haryana tops the list, according to report by CMIE
  • Labour force participation rate and the employment rate also increased in April

The unemployment rate in the country grew to 7.83 per cent in April from 7.60 per cent in March, according to the Centre for Monitoring Indian Economy (CMIE) data. The unemployment rate in urban areas was higher at 9.22 per cent compared to 8.28 per cent in March, the data released on Monday showed. In the rural area, the unemployment rate was at 7.18 per cent in April compared to 7.29 per cent in the previous month.

Unemployment rate was the highest in Haryana at 34.5 per cent followed by Rajasthan at 28.8 per cent, Bihar 21.1 per cent and Jammu and Kashmir 15.6 per cent, the data showed. CMIE managing director Mahesh Vyas told PTI that it is important to note that the labour force participation rate and the employment rate also increased in April.

“This is a good development,” Vyas said. The employment rate rose from 36.46 per cent to 37.05 per cent in April, he added.

Also Read | Chhattisgarh tops states with lowest unemployment rate in country: Govt

Latest Business News

FOLLOW US ON GOOGLE NEWS

 

Read original article here

Denial of responsibility! TechnoCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment