Unemployment rate jumps to 3-month high of 7.8% in March: CMIE
In urban areas, unemployment rate was 8.5% in March 2023, up from 7.9% in Feb 2023, while in rural areas, it stood at 7.4%, up from 7.2% in previous month
In urban areas, unemployment rate was 8.5% in March 2023, up from 7.9% in Feb 2023, while in rural areas, it stood at 7.4%, up from 7.2% in previous month
Unemployment rate was the highest in Haryana at 29.4%, followed by Rajasthan at 28.3% and Sikkim at 21%.
The unemployment rate surged primarily due to a significant rise in the rural unemployment rate, essentially in non-agricultural rural India.