Unemployment rate falls to 7.3% as India unlocks
Posted on Tuesday 6th July, 2021 by Ankit
As the restrictions on mobility eased, the unemployment rate came further down to 7.3% for the week ended July 4 from 8.72% in the previous week and 9.35% for the week ended June 20, according to the Centre for Monitoring Indian Economy (CMIE). The unemployment rate was 7.4% for the week ended April 25 and 8.16% on April 4. In recent times, the rate of joblessness reached its peak at 14.73% on May 23.
Source: Financial ExpressBusiness Covid-19 Economy