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Urban Unemployment In India New Update Vintage Skill 2022

Urban Unemployment In India Rises To 9.57 Per Cent In August, Shows CMIE Data भारत में शहरी बेरोजगारी अगस्त में 9.57 प्रतिशत तक बढ़ी, सीएमआईई डेटा दिखाता है

NEW DELHI: Urban Unemployment In India Update: The joblessness rate in India hit a one-year high of 8.3% in August, according to data from the Centre for Monitoring Indian Economy (CMIE). While both rural and urban unemployment increased significantly this month, the overall rise is driven by joblessness in urban areas. Urban unemployment touched 9.57% in August as against 8.21% the previous month.

“While male unemployment dropped to 7.1%, from 7.7% in the last quarter, female unemployment was at 9.5%, as against 10.1%,” the report showed. CMIE data, however, shows unemployment at elevated levels of above 7% in the June quarter this year, which continued in August. Employment conditions are adverse for the youth, Mahesh Vyas, MD and CEO, CMIE, noted in his analysis earlier this week.

“The 15-24 years age group has a relatively low labour participation rate (LPR). Between 2016-17 and 2021-22, while the average was 42.6%, the LPR for the youth was much lower at 22.7%. Yet, the youth face a much higher unemployment rate. While the overall unemployment rate averaged at 7%, the youth experienced an unemployment rate of over 34%,” he said.

Unemployment Rate
03 Sep 2022*
India 8.0%
Urban 9.4%
Rural 7.3%
*30-day moving average
Unemployment Rate (%)
States (India) Aug 2022
Andhra Pradesh 6.0
Bihar 12.8
Chhattisgarh 0.4
Delhi 8.2
Goa 13.7
Gujarat 2.6
Haryana 37.3
Himachal Pradesh 7.3
Jammu & Kashmir 32.8
Jharkhand 17.3
Karnataka 3.5
Kerala 6.1
Madhya Pradesh 2.6
Maharashtra 2.2
Meghalaya 2.0
Odisha 2.6
Puducherry 5.2
Punjab 7.4
Rajasthan 31.4
Tamil Nadu 7.2
Telangana 6.9
Tripura 16.3
Uttar Pradesh 3.9
West Bengal 7.4
Monthly time series

>>Urban Unemployment In India Update<<

The highest unemployment rate during August, in terms of states, was witnessed in Haryana at 37.3% followed by Jammu and Kashmir at 32.8%, Rajasthan at 31.4%, Jharkhand at 17.3% and Tripura at 16.3%.  As per the CMIE data, the lowest unemployment rate was seen in Chhattisgarh at 0.4% followed by Meghalaya at 2%, Maharashtra at 2.2% and  Gujarat and Odisha at 2.6%.

NEW DELHI: The joblessness rate in India hit a one-year high of 8.3% in August, according to data from the Centre for Monitoring the Indian Economy (CMIE). While both rural and urban unemployment increased significantly this month, the overall rise is driven by joblessness in urban areas. Urban unemployment touched 9.57% in August as against 8.21% the previous month. At the same time, rural unemployment surged to 7.68% from 6.14% in July. This comes even as government data showed a contrary scenario in terms of employment in the country.

As per the Periodic Labour Force Survey (PLFS) report released on Wednesday, the unemployment rate has dropped from 12.6% in the June quarter last year to 7.6% in the same quarter this year. “While male unemployment dropped to 7.1%, from 7.7% in the last quarter, female unemployment was at 9.5%, as against 10.1%,” the report showed.

>>Urban Unemployment In India Update<<

Date Unemployment Rate – 30-day moving average (%)
  India Urban Rural
03 Sep 2022 7.97 9.37 7.31
02 Sep 2022 8.13 9.51 7.48
01 Sep 2022 8.32 9.62 7.71
31 Aug 2022 8.28 9.65 7.64
30 Aug 2022 8.54 9.66 8.00
29 Aug 2022 8.29 9.63 7.66
28 Aug 2022 8.38 9.58 7.81
27 Aug 2022 8.32 9.49 7.77
26 Aug 2022 8.33 9.40 7.82
25 Aug 2022 8.15 9.47 7.53
24 Aug 2022 7.89 9.49 7.14
23 Aug 2022 7.89 9.55 7.10
22 Aug 2022 7.84 9.50 7.06
21 Aug 2022 7.69 9.40 6.88
20 Aug 2022 7.71 9.46 6.89
19 Aug 2022 7.66 9.45 6.83
18 Aug 2022 7.61 9.45 6.76
17 Aug 2022 7.69 9.42 6.88
16 Aug 2022 7.66 9.44 6.82
15 Aug 2022 7.87 9.35 7.18
14 Aug 2022 7.71 9.12 7.05
13 Aug 2022 7.62 9.01 6.97
12 Aug 2022 7.66 9.08 6.99
11 Aug 2022 7.65 9.04 7.00

CMIE data, however, shows unemployment at elevated levels of above 7% in the June quarter this year, which continued in August. Employment conditions are adverse for the youth, Mahesh Vyas, MD and CEO, CMIE, noted in his analysis earlier this week. “The 15-24 years age group has a relatively low labour participation rate (LPR). Between 2016-17 and 2021-22, while the average was 42.6%, the LPR for the youth was much lower at 22.7%. Yet, the youth face a much higher unemployment rate.

While the overall unemployment rate averaged at 7%, the youth experienced an unemployment rate of over 34%,” he said. The highest unemployment rate during August, in terms of states, was witnessed in Haryana at 37.3% followed by Jammu and Kashmir at 32.8%, Rajasthan at 31.4%, Jharkhand at 17.3% and Tripura at 16.3%. As per the CMIE data, the lowest unemployment rate was seen in Chhattisgarh at 0.4% followed by Meghalaya at 2%, Maharashtra at 2.2% and Gujarat and Odisha at 2.6%.

Month Unemployment Rate (%)
  India Urban Rural
Aug 2022 8.28 9.57 7.68
Jul 2022 6.83 8.22 6.17
Jun 2022 7.83 7.32 8.07
May 2022 7.14 8.24 6.63
Apr 2022 7.83 9.22 7.18
Mar 2022 7.57 8.28 7.24
Feb 2022 8.11 7.57 8.37
Jan 2022 6.56 8.14 5.83
Dec 2021 7.91 9.30 7.28
Nov 2021 6.97 8.20 6.41
Oct 2021 7.74 7.37 7.91
Sep 2021 6.86 8.64 6.04
Statistical Profiles – Unemployment in India
 
Urban Unemployment In India
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India’s Unemployment Rate Zooms To 1-year High Of 8.3% In Aug: CMIE  अगस्त में भारत की बेरोजगारी दर एक साल के उच्च स्तर 8.3 प्रतिशत पर पहुंच गई: सीएमआईई

India’s unemployment rate surged to a one-year high of 8.3 per cent in August as employment sequentially fell by 2 million to 394.6 million, according to data from the Centre for Monitoring Indian Economy (CMIE).

During July, the unemployment rate was at 6.8 per cent and the employment was 397 million, the CMIE data added.

“The urban unemployment rate is usually higher at about 8 per cent than the rural unemployment rate, which is usually around 7 per cent. In August the urban unemployment rate shot up to 9.6 per cent and the rural unemployment rate also increased to 7.7 per cent,” CMIE managing director Mahesh Vyas told PTI.

Vyas further stated that erratic rainfall affected sowing activities and this is one of the reasons for the increase in unemployment in rural India.

The unemployment rate in rural India rose from 6.1 per cent in July to 7.7 per cent in August. More importantly, the employment rate fell from 37.6 per cent to 37.3 per cent.

“Going forward, the rural unemployment rate may come down as delayed monsoon will increase agricultural activities towards the end of the monsoon season. However, it is not clear how the urban unemployment rate will play out in the coming months. Currently, it is quite elevated,” Vyas added.

During August, the unemployment was the highest in Haryana at 37.3 per cent followed by Jammu and Kashmir at 32.8 per cent, Rajasthan at 31.4 per cent, Jharkhand at 17.3 per cent and Tripura at 16.3 per cent, according to the data.

While unemployment was the lowest in Chhattisgarh at 0.4 per cent followed by Meghalaya at 2 per cent, Maharashtra at 2.2 per cent and Gujarat and Odisha at 2.6 per cent each, the data showed.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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India’s August Unemployment Highest In Last One Year At 8.3% भारत में अगस्त में बेरोजगारी पिछले एक साल में सबसे ज्यादा 8.3%

NEW DELHI: India’s unemployment rate zoomed to a one-year high of 8.3 per cent in August as employment sequentially fell by 2 million to 394.6 million, according to data from the Centre for Monitoring Indian Economy (CMIE). In July, the unemployment rate was at 6.8 per cent and the employment was 397 million, the CMIE data added.

This is the highest unemployment rate since August 2021. Four million more people came to the market but could not be provided with jobs.”The urban unemployment rate is usually higher at about 8 per cent than the rural unemployment rate, which is usually around 7 per cent. In August the urban unemployment rate shot up to 9.6 per cent and the rural unemployment rate also increased to 7.7 per cent,” CMIE managing director Mahesh Vyas said. The erratic rainfall affected sowing activities and this is one of the reasons for the increase in unemployment in rural India, he added.

Urban Unemployment In India
>>Urban Unemployment In India Update<<>>Urban Unemployment In India Update<<>>Urban Unemployment In India Update<<>>Urban Unemployment In India Update<<

The unemployment rate in rural India rose from 6.1 per cent in July to 7.7 per cent in August. More importantly, the employment rate fell from 37.6 per cent to 37.3 per cent. The unemployment rate during August was the highest in Haryana at 37.3 per cent followed by Jammu and Kashmir at 32.8 per cent, Rajasthan at 31.4 per cent, Jharkhand at 17.3 per cent and Tripura at 16.3 per cent. And unemployment was the lowest in Chhattisgarh at 0.4 per cent followed by

Meghalaya at 2 per cent, Maharashtra at 2.2 per cent and Gujarat and Odisha at 2.6 per cent each, the data showed. According to Vyas, employment conditions are quite adverse for the youth. “The 15-24 year age group has a relatively low labour participation rate (LPR). Between 2016-17 and 2021-22, while the average was 42.6 per cent, the LPR for the youth was much lower at 22.7 per cent. Yet, the youth face a much higher unemployment rate. While the overall unemployment rate averaged at 7 per cent, the youth experienced an unemployment rate of over 34 per cent,” he said.

>>Urban Unemployment In India Update<<

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