India’s unemployment rate rises to 7.83% in April
Highlights
- India’s unemployment rate rose to 7.83 pc in April
- Haryana tops the list, according to report by CMIE
- Labor force participation rate and the employment rate also increased in April
The unemployment rate in the country grew to 7.83 per cent in April from 7.60 per cent in March, according to the Center for Monitoring Indian Economy (CMIE) data. The unemployment rate in urban areas was higher at 9.22 per cent compared to 8.28 per cent in March, the data released on Monday showed. In the rural area, the unemployment rate was at 7.18 per cent in April compared to 7.29 per cent in the previous month.
Unemployment rate was the highest in Haryana at 34.5 per cent followed by Rajasthan at 28.8 per cent, Bihar 21.1 per cent and Jammu and Kashmir 15.6 per cent, the data showed. CMIE managing director Mahesh Vyas told PTI that it is important to note that the labor force participation rate and the employment rate also increased in April.
“This is a good development,” Vyas said. The employment rate rose from 36.46 per cent to 37.05 per cent in April, he added.
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