Unemployment Rate In India 2024. Cmie publishes the daily and monthly unemployment rate of india. There is a sharp decrease in the unemployment rate of india in 2024.
The overall unemployment rate rose to 10.05% in october, up from 7.09% in september, marking the highest rate since may 2021. Unemployment rate in india averaged 8.17 percent from 2018 until 2024, reaching an all time high of 23.50 percent in april of 2020 and a record low of 6.40 percent in september of 2022.
There Is A Significant Decrease Of 1.9% As Per The Data Of Last Year December 2023.
According to a private agency named cmie, or centre for monitoring indian economy, india’s unemployment rate in 2024 is 7.70%.
In Urban India, It Is 8.60% Whereas In Rural India It Is 7.30%.
A thorough assessment of historical and current employment trends across sectors leads to a deeper dive into complexities of jobless growth.
Unemployment Rate In India 2024 Images References :
Citi Estimates India Will Need To Create About 12 Million Jobs A Year Over The Next Decade To Absorb The Number Of New Entrants To The Labor Market.
Reaching these targets means addressing the youth.
Creating 90 Million Jobs By 2030 (And 600 Million By 2047) And Raising Income Sixfold, To More Than $12,000 Per Capita.