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India’s unemployment rate decreasing

Date: 05 April 2022 Tags: Reports & Indices
  • Unemployment rate in the country is decreasing with the economy slowly returning to normal, according to CMIE data.
  • The Centre for Monitoring Indian Economy's monthly time series data revealed that the overall unemployment rate in India was 8.10% in February 2022, which fell to 7.6% in March.
  • Haryana recorded the highest unemployment rate in March at 26.7%, followed by Rajasthan and Jammu and Kashmir at 25% each, Bihar at 14.4%, Tripura at 14.1% and West Bengal at 5.6%.
  • Karnataka and Gujarat registered the least unemployment rate at 1.8.% each in March, 2022.