India’s unemployment rate in May rose to 23.48%, marginally lower from 23.52% in April, according to data released by the Centre for Monitoring Indian Economy (CMIE) on Monday, reflecting the impact of coronavirus pandemic.
Maharashtra's unemployment rate decreased 4.4 percentage points, falling to 16.5% in May 2020, according to a survey conducted by the Centre for Monitoring Indian Economy (CMIE). Over a longer time period, unemployment has moved from 5.3% in Nov 2019 to its current rate.
India has reported 190,535 coronavirus cases, with 5,394 deaths.
India’s infrastructure output, contributing nearly 40% in industrial production, contracted 38.1% in April from a year earlier, the worst performance in years, government data showed on Friday.