Cmie

Analysts point to weak monsoon, stagnant incomes and inflation for the fall in sentiment, but expect strong festive demand.

Unemployment rate rises to three-month high at 8% in November: CMIE

The unemployment rate in urban India was higher at 8.96 per cent, while in rural areas, it was at 7.55 per cent

What’s happening with private investments?

Despite the government seeking to trigger private capital expenditure by boosting its own spends, incentives, and tax cuts, and in spite of the industry seeing strong sales and profits, private capital investment remains subdued.

India's jobless rate rises to one-year high in August: CMIE

The jobless rate increased to 8.28% last month, data from the Centre for Monitoring Indian Economy Pvt. showed Thursday.

India's unemployment lowest in six months at 6.80% in July: CMIE

The unemployment rate dropped to 6.80 per cent in July from 7.80 per cent in June, the CMIE data said.

Unemployment rate rises to 7.8% in June with loss of 13 million jobs: CMIE

The massive fall in number of jobs last month was triggered by higher unemployment rate in rural areas, which went up to 8.03 percent from 6.62 percent in May.

Labour participation rate higher in rural India: CMIE

LPR, defined as the number of persons of the labour force employed as a percentage of working age population, is 40.9 in rural India as compared to 37.4 in urban India during the period January to April 2022.

Experts sceptical about CMIE's unemployment data

Kolkata, May 3 Economists on Tuesday are not convinced about the latest monthly unemployment data released by the Centre for Monitoring India Economy..

India's unemployment rate rises to 7.83% in April, Haryana tops the list: Report

The urban unemployment rate rose to 9.22% in April from 8.28% the previous month

Majority of India’s 900 million workforce stop looking for jobs

Frustrated at not being able to find the right kind of job, millions of Indians, particularly women, are exiting the labor force entirely, according to new data from the Centre for Monitoring Indian Economy Pvt, a private research firm in Mumbai.

India's December jobless rate hits four-month high of 7.9%, says think-tank

This is up from 7% in November 2021 and is the highest since 8.3 percent in August 2021

Daily jobless rates spike after night curfews and local lockdowns, signalling early jitters for labour market

Average unemployment rates in both urban and rural India spiked yesterday, shows data from Centre for Monitoring Indian Economy.

Unemployment remains high in eight regions, very sticky in Haryana, Rajasthan, J&K

Joblessness blamed on delayed economic recovery, sectoral softness, surplus workforce, and a dull agriculture season in November.

Weekly jobless rate surges to 8.86 % after recovery in September

For urban areas, it was 7.50 percent, lower than the 8.62 percent recorded in September, according to CMIE data.

EPFO Check: All you need to know about provident funds

As per law, all businesses which have more than 20 employees on their roll are mandated to enroll under Employee Provident Fund Organisation (EPFO).

Urban unemployment soars to 17.4%, but rural areas do better: CMIE

Unemployment rate is rising towards the record levels seen after countrywide lockdowns last year, and experts say hospitality, real estate, construction, retail, SMEs and ancillary units are the worst hit

Why India Inc will not see another quarter of bumper profits

Businesses now face headwinds from rising costs of commodities and supply disruptions and in the last quarter, they benefitted from a sharp slump in costs.

Urban unemployment rate falls to 2-year low in February: CMIE data

Haryana reported the highest unemployment rate of 26.4 percent, followed by Rajasthan at 25.6 percent.

Unemployment rate dropped to 6.5% in January 2021: CMIE data

Most employed persons in India do not have regular jobs. Their employment on any given day depends upon the state of the economy, the local environment, business conditions at large and a fair degree of luck.

CMIE data: Urban female workforce participation rate down to its lowest in November since 2016

CMIE also observed that the impact of economic shock on younger women is more than the older women. The participation rate in the workforce of younger women fell to 9.7 percent during the pandemic after reaching a high of 14.9 percent in end of 2019.

Nearly 5.5 lakh jobs lost in October 2020, first sharp spike in jobless rate since recovery began in May: CMIE

October 2020 is the first month that has recorded a fall in employment since May 2020, CMIE said.

Stalled projects in 2020 worth Rs 9.9 lakh crore saw some revival in September, says CMIE

Most projects completed in the September quarter were in the infrastructure sector. Government projects made up more than 60 percent of all commissioned projects for the third straight quarter. The lingering lack of demand could keep the private sector's aggressive investment in CapEx away, despite logistical hurdles reducing.

COVID-19 Impact | Salaried jobs worst hit, may take time to recover, says Mahesh Vyas

The managing director of CMIE says job losses will in turn affect consumption due to decreased financial resources and income instability.

Unemployment rate touches 9-week high, trend moving upwards, shows CMIE data

The unemployment rate has been incrementally increasing and touched a nine-week high of 9.1 percent (overall) for the week ended August 16

COVID-19 impact | Five million salaried Indians lost their jobs in July: CMIE data

While jobs have recovered, this recovery has left out healthier, salaried jobs, said Centre for Monitoring Indian Economy.