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HomeBusinessUnemployment rate rises to 7.83 per cent in April: CMIE

Unemployment rate rises to 7.83 per cent in April: CMIE

Mumbai, May 2 (PTI) The unemployment rate in the country rose to 7.83 per cent in April from 7.60 per cent in March. This information was given in the data released on Monday.

The Center for Monitoring Indian Economy (CMIE), an organization that monitors the Indian economy, released the figures for April, saying that the unemployment rate in urban areas rose to 9.22 percent, compared to 8.28 percent in March.

In contrast, the unemployment rate in rural areas came down to 7.18 percent in April. It was 7.29 percent in March.

According to CMIE, Haryana has recorded the highest unemployment rate of 34.5 percent. Rajasthan is followed by 28.8 percent unemployment rate. Bihar is third with 21.1 percent and Jammu and Kashmir is fourth with 15.6 percent.

CMIE Managing Director Mahesh Vyas told PTI-language that labor participation rate and employment rate have also seen an increase in April. He called it a good progress for the Indian economy.

Vyas said that the employment rate reached 37.05 percent in April, 2022 from 36.46 percent a month ago.

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