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Millions of Indians exiting labour force no longer looking for jobs: CMIE

by AIP Online Bureau | Apr 25, 2022 | Eco/Invest/Demography, Facts

With India betting on young workers to drive growth in one of the world’s fastest-expanding economies, the latest numbers are an ominous harbinger. Between 2017 and 2022, the overall labor participation rate dropped from 46% to 40%. Among women, the data is even...

India’s unemployment rate falls sharply to 6.57 pc, lowest since March 2021: CMIE

by AIP Online Bureau | Feb 3, 2022 | Data, Eco/Invest/Demography

CMIE MD and CEO Mahesh Vyas, in his analysis of the December data, said 35 million people were actively looking for work in December 2021, of which 23 per cent or 8 million were women. New Delhi: India’s unemployment rate witnessed a sharp decline to 6.57 per...

India’s December jobless rate hits 4-month high of 7.9%: CMIE

by AIP Online Bureau | Jan 3, 2022 | Data, Eco/Invest/Demography

Urban unemployment rate rose to 9.3% in December from 8.2% in the previous month while the rural unemployment rate was up 7.3% from 6.4%, the data showed Many economists worry that the Omicron variant could reverse the economic recovery seen in the previous quarter...

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