CMIE: In Nov, unemployment rate reached a 3 month high of 8%

2 Dec 2022 , 11:29 AM

According to data from the Centre for Monitoring Indian Economy, the nation’s jobless rate increased to a three-month high of 8% during November (CMIE). According to the CMIE data released on Thursday, the jobless rate in urban India was greater than that in rural areas, standing at 8.96% compared to 7.55%.

The unemployment rate in urban areas was 7.21% in October of this year, while it was 8.04% in rural areas. 

States with the highest unemployment rate: In terms of individual states, Haryana maintained the highest unemployment rate in the nation in November at 30.6%, followed by Rajasthan (24.5%), Jammu and Kashmir (23.9%), Bihar (17.3%), and Tripura (14.5%).

States with lowest unemployment rate: The states with the lowest unemployment rates during the preceding month were Chhattisgarh (0.1%), Uttarakhand (1.2%), Odisha (1.6%), Karnataka (1.8%), and Meghalaya (2.1%).

According to the report, India’s jobless rate in October was 7.77%, compared to a low of 6.43% in September.

For feedback and suggestions, write to us at [e-mail]