What is the percentage of unemployment in India?

Unemployment Rate 26 Jul 2021*
India 7.0%
Urban 8.3%
Rural 6.4%
*30 day moving average

What is the unemployment rate in India?

In 2020, the unemployment rate in India was estimated to be 7.11 percent.

India: Unemployment rate from 1999 to 2020.

Characteristic Unemployment rate
2020 7.11%
2019 5.27%
2018 5.33%
2017 5.41%

What percentage of Indian population is unemployed?

India’s unemployment rate sharply rose to 7.11 per cent in 2020 from 5.27 per cent in 2019, said a report by Centre for Economic Data and Analysis (CEDA) based on the ILOSTAT database of International Labour Organisation.

What is the current unemployment rate 2020?

The unemployment rate decreased by 1.0 percentage point to 6.9 percent in October 2020. That was the sixth consecutive month the rate has declined, but it was still nearly twice the February rate of 3.5 percent.

What is the employment rate in India 2020?

According to CMIE, the employment rate is the best measure of the health of the Indian economy as it measures the proportion of the working age population that are employed. The employment rate was 39.4% in 2019-20. It dropped to 27.2% in April and stood at 30.2% in May after which it rose to 37.8% in October.

IT\'S FUN:  Where can couples make out in Mumbai?

Which country has more unemployment?

Country Comparison > Unemployment rate

Rank Country Unemployment rate (%)
1 Burkina Faso 77
2 Syria 50
3 Senegal 48
4 Haiti 40.6

Which country has lowest unemployment rate?

Lowest Unemployment Rates

  • Qatar: 0.1%
  • Solomon Islands: 0.5%
  • Niger: 0.5%
  • Lao People’s Democratic Republic: 0.6%
  • Cambodia: 0.7%
  • Bahrain: 0.8%
  • Thailand: 0.8%
  • Rwanda: 1%

What is the unemployment rate in India 2021?

India’s unemployment rate fell to 9.17% in June after a spike to 11.9% in May from 7.97% in April due to the second Covid wave. According to the Centre for Monitoring Indian Economy (CMIE), in June 2021, urban unemployment rate fell, but still remained high at 10.07% compared with 14.73% in May.

What did Trump do for the economy?

Trump signed the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 27, which funded increased unemployment insurance amounts and duration, loans and grants to businesses, and funding for state governments.

What was black unemployment rate in 2020?

In 2020, the unemployment rate of African Americans in the United States stood at 11.4 percent. This was over 1.4 times the national average of 8.1 percent.

Which state has the highest unemployment pay?

Policies and benefits vary by state. Mississippi has the lowest maximum unemployment benefits in the U.S. of $235 per week, while Massachusetts has the highest at $823. North Carolina and Florida offer unemployment benefits for the shortest length of time with a maximum of 12 weeks.

About India