2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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10%
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15 %
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23.4%
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17.3%
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Detailed explanation-1: -Unemployment increased 14.8 pct points, rose to 23.5% in Apr 2020: CMIE Survey. India’s unemployment rate increased 14.8 percentage points, rising to 23.5% in Apr 2020, according to a survey conducted by the Centre for Monitoring Indian Economy (CMIE).
Detailed explanation-2: -Unemployment refers to the share of the labor force that is without work but available for and seeking employment. India unemployment rate for 2021 was 5.98%, a 2.02% decline from 2020. India unemployment rate for 2020 was 8.00%, a 2.73% increase from 2019.
Detailed explanation-3: -The Centre for Monitoring Indian Economy, a private organization (CMIE), estimates India’s unemployment rate in India is around 8.3% at present. It is 10.09% in urban India whereas only 7.44% in rural India. India’s daily and monthly unemployment rates are made public by CMIE on 1st January 2023.
Detailed explanation-4: -Unemployment rate in India rose to 8.30 per cent in December 2022, the highest in 16 months, according to data from Centre for Monitoring Indian Economy (CMIE).
Detailed explanation-5: -Haryana is the top region by unemployment rate in India. As of last month, unemployment rate in Haryana was 37.38 %. The top 5 regions also includes Rajasthan, NCT of Delhi, Bihar, and Jharkhand.