India’s unemployment rate declines to 6.57% in January

India’s unemployment rate declines to 6.57% in January

Daily Current Affairs / India’s unemployment rate declines to 6.57% in January

Change Language English Hindi

Category : Business and economics Published on: February 08 2022

Share on facebook

India’s unemployment rate witnessed a sharp decline to 6.57 percent in January, the lowest since March 2021, according to the Center for Monitoring Indian Economy (CMIE), as the country gradually eases restrictions following a drop in Omicron cases.
According to data from the Center for Monitoring Indian Economy (CMIE), the monthly unemployment rate in May 2021 was 14.7 percent. The current urban unemployment rate has come down 6.54 percentage points from 14.7 percent in May 2021 to 8.16 percent in January 2022.
Telangana recorded the lowest unemployment rate at 0.7 percent in January, followed by Gujarat (1.2 percent), Meghalaya (1.5 percent), and Odisha (1.8 percent). Haryana has the highest unemployment rate in India, followed by Rajasthan.

Recent Post's

World renowned tabla maestro Pt. Swapan Chaudhary Kolkata was awarded the National Tansen Award for the year 2023.
Read More....
West Bengal Chief Minister Mamata Banerjee launched the "Banglar Bari" scheme to provide housing for the rural poor in the state.
Read More....
On 19th December 2024 in Goa, the 4th Asian Roll Ball Championship concluded with the Indian team's victory, winning the gold medal.
Read More....
Masali village in Banaskantha district, Gujarat, has become the first border village in India to run on solar energy.
Read More....
Indian environmentalist Madhav Gadgil has been awarded the United Nations Environment Programme (UNEP) Lifetime Achievement Award 2024.
Read More....
Tom Cruise was awarded the U.S. Navy's highest civilian award.
Read More....
The Indian Army has launched the AI Incubation Centre in Bengaluru to enhance its technological advancements and adopt Artificial Intelligence (AI).
Read More....
India will host the World Para Athletics Championship-2025 at Jawaharlal Nehru Stadium in New Delhi from 26th September to 5th October 2025.
Read More....
Chennai-born Indian-American Caitlin Sandra Neil was crowned Miss India USA 2024.
Read More....
Uttarakhand will implement the Uniform Civil Code (UCC) from January 2025, making it the first state in India to do so post-independence.
Read More....