Employment Rate Falls In Rural India: CMIE Report
Madhya Pradesh recorded the lowest unemployment rate at 0.8 per cent by displacing Chattisgarh (0.9 per cent) from the spot
To the amazement of many, according to the data released by the Centre for Monitoring Indian Economy (CMIE), the unemployment rate in October rose to a four-month high of 7.77 per cent.
The sudden rise in the unemployment rate in October is on account of a sharp increase in rural unemployment which rose from 5.84 per cent in September to 8.04 in October, whereas the urban unemployment rate fell slightly from 7.7 to 7.21 per cent.
Of the 25 states whose data is registered in CMIE’s reports, six states registered the unemployment rate in double digits. Haryana registered the highest unemployment rate of 31.8 per cent followed by Rajasthan (30.7 per cent), Jammu & Kashmir (22.4 per cent), Jharkhand (16.5 per cent), Bihar (14.5 per cent ) and Tripura (10.5 per cent).
Madhya Pradesh recorded the lowest unemployment rate at 0.8 per cent by displacing Chattisgarh (0.9 per cent) from the spot.