Unemployment in rural India increased by about two percent in a month, CMIE's latest report


Unemployment in rural India increased by about two percent in a month, CMIE's latest report

The latest data from Center for Monitoring Indian Economy (CMIE) on unemployment rate in India shows that the overall unemployment rate in the country has increased from 7.12% in May, 2022 to 7.80% in June, 2022.  According to the latest CMIE report, the biggest decline in employment opportunities has been recorded in rural areas. The report said that the unemployment rate in rural India increased from 6.62% in May 2022 to 8.03% in June 2022.  But there is good news about urban India in the report of CMIE, according to CMIE, the unemployment rate decreased from 8.21% in May, 2022 to 7.30% in June, 2022 last month. Earlier in the month of April also, the Center for Monitoring Indian Economy (CMIE) had released the employment locator figures. According to CMIE, 8.8 million people got jobs in April since the start of the pandemic

The latest data from Center for Monitoring Indian Economy (CMIE) on unemployment rate in India shows that the overall unemployment rate in the country has increased from 7.12% in May, 2022 to 7.80% in June, 2022.  According to the latest CMIE report, the biggest decline in employment opportunities has been recorded in rural areas. The report said that the unemployment rate in rural India increased from 6.62% in May 2022 to 8.03% in June 2022.  But there is good news about urban India in the report of CMIE, according to CMIE, the unemployment rate decreased from 8.21% in May, 2022 to 7.30% in June, 2022 last month. Earlier in the month of April also, the Center for Monitoring Indian Economy (CMIE) had released the employment locator figures. According to CMIE, 8.8 million people got jobs in April since the start of the pandemic.

Key Learnings

  • Noun : opportunities //ओप्पोर्तुनिटीज़// [अवसरों]

    Definition: a possibilities due to a favorable combination of circumstances
    Synonyms: chance, good time ,occasion
    Antonym: adversity, disadvantage

  • Noun : pandemic //पैन्डेमिक// [महामारी]

    Definition: epidemic over a wide geographical area
    Synonyms: widespread, prevalent, pervasive
    Antonym: abnormal,infrequent