Moneycontrol PRO
HomeNewsUnemployment rate

Unemployment Rate

Jump to
  • Q2 miracle: when growth slumped, the unemployment rate came down

    While real GDP growth fell from 6.8 percent in Q1, FY 25 to 5.4 percent in Q2, the urban unemployment rate improved from 6.6 percent to 6.4 percent, according to the quarterly PLFS survey

  • At 10.2%, youth unemployment rate in India lower than global levels: Govt

    At 10.2%, youth unemployment rate in India lower than global levels: Govt

    As per the latest available Periodic Labour Force Survey (PLFS) report, the estimated unemployment rate for youth aged 15-29 years in the country for the year 2023-24 is 10.2 percent, which is lower than global levels.

  • Can states afford Rs 4,000 per month in unemployment benefit payments?

    Can states afford Rs 4,000 per month in unemployment benefit payments?

    MC analysis shows that the unemployment benefit will likely push nearly all states beyond the 3 percent limit prescribed by the finance commission for the fiscal deficit if they cannot fund the transfer or make cuts in other departments

  • Unemployment rate among graduates declines to 13.4 pc between July 2022 and June 2023

    Unemployment rate among graduates declines to 13.4 pc between July 2022 and June 2023

    The unemployment rate for graduates aged 15 and above dropped to 13.4% in 2022-23 from 14.9% the previous year, according to the Periodic Labour Force Survey. Chandigarh had the lowest rate at 5.6%, followed by Delhi at 5.7%.

  • Weekly Numerics: Crime declines, suicides increase, heat-related deaths surge, and unemployment remains high

    Weekly Numerics: Crime declines, suicides increase, heat-related deaths surge, and unemployment remains high

    Recently released data from the NCRB shows that the crime rate in India declined in 2022. However, along with it the chargesheeting rate, which is used to measure police performance, has also gone down. Meanwhile, analysis of data shows that although the unemployment rate saw a dip in November, it remains elevated compared to the longer-term trend.

  • India's female unemployment fell to 8.6% in Q2, but quality of jobs a concern

    India's female unemployment fell to 8.6% in Q2, but quality of jobs a concern

    According to the government's latest Periodic Labour Force Survey, the female unemployment rate fell to 8.6 percent in July-September even as the Labour Force Participation Rate rose by 80 basis points. But concerns about the quality of jobs women are getting remain

  • Weekly Numerics | India’s population is ageing while its youth is finding it hard to get jobs

    Weekly Numerics | India’s population is ageing while its youth is finding it hard to get jobs

    According to latest estimates, the number of elderly people in India will surpass that of that of the younger cohorts by 2046. Meanwhile, youth unemployment rate is on the rise in the country.

  • In Charts | Northeast India's education and employment woes amid unrest

    In Charts | Northeast India's education and employment woes amid unrest

    Although education has been disrupted in Manipur due to the unrest, data shows that the state, and the northeast region in general, weren’t doing too well on that front even before the violence broke out

  • Unemployment rate scales 3-month high at 7.8% on ailing labor market, major layoffs

    Unemployment rate scales 3-month high at 7.8% on ailing labor market, major layoffs

    The unemployment rate in the country surged in December 2022 to 8.30 percent but declined in January to 7.14 percent. It edged up again in February to 7.45 percent, the CMIE data released on Saturday showed.

  • Unemployment rate dips to 7.2% in October-December 2022: Govt survey

    Unemployment rate dips to 7.2% in October-December 2022: Govt survey

    Joblessness was high in October-December 2021 mainly due to the staggering impact of Covid-related restrictions in the country.

  • Rate of unemployment for people aged 15-29 years falls to 12.9% in 2020-21: Minister

    Rate of unemployment for people aged 15-29 years falls to 12.9% in 2020-21: Minister

    The estimated unemployment rate on usual status for youth ages 15-29 years was 17.8 per cent, 17.3 per cent, 15 per cent and 12.9 per cent during years 2017-18, 2018-19, 2019-20 and 2020-21, respectively, which shows that unemployment rate for youth in the country has declined, Minister of State for Labour and Employment Rameswar Teli said.

  • Unemployment rate dips to 4.2% in 2020-21, says latest PLF survey

    Unemployment rate dips to 4.2% in 2020-21, says latest PLF survey

    The unemployment rate was 5.8 per cent in 2018-19 and 6.1 per cent in 2017-18, as per a statement on the Periodic Labour Force Survey (PLFS) issued by the Ministry of Statistics and Programme Implementation on Tuesday.

  • Weekly jobless rate surges to 8.86 % after recovery in September

    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.

  • COVID-19 impact | UK unemployment hits 5.0% on virus fallout

    COVID-19 impact | UK unemployment hits 5.0% on virus fallout

    At 5.0 percent, the figure is 1.2 percentage points above the same period a year earlier, to reach the highest level since April 2016.

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

    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

  • Canada loses 2 million jobs in April, unemployment rate surges to 13%

    Canada loses 2 million jobs in April, unemployment rate surges to 13%

    Canada lost a record-breaking 2 million jobs in April while the unemployment rate surged to a near-high 13 percent, official data showed on Friday, showing how much damage coronavirus-related shutdowns have done to the economy.

  • Great Depression-like US job losses, unemployment rate expected in April

    Great Depression-like US job losses, unemployment rate expected in April

    The US economy likely lost a staggering 22 million jobs in April, in what would be the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the novel coronavirus pandemic is battering the world's biggest economy.

  • Business Insight |  A look at the massive jump in unemployment rate

    Business Insight | A look at the massive jump in unemployment rate

    Watch this edition of Business Insight to know more about CMIE's latest unemployment data & the job market situation in India.

  • Goldman Sachs expects disposable income of Americans to grow despite 30 million job losses

    Goldman Sachs expects disposable income of Americans to grow despite 30 million job losses

    The economic ramifications of the pandemic may have panned out already as the US and other economies are planning an exit strategy from the lockdown, it has said.

  • Business Insight | Lockdown exacerbates India's unemployment woes

    Business Insight | Lockdown exacerbates India's unemployment woes

    In this edition of Business Insight, let us understand what does CMIE data on India's employment situation in the month of March indicate?

  • Jobs in India: Top 5 states with the highest and lowest unemployment rate

    Jobs in India: Top 5 states with the highest and lowest unemployment rate

    For the August month series, north-eastern and southern states scored best, while the northern states suffer from double-digit unemployment rates, as per CMEI monthly data series (average)

  • Unemployment rate at 7.2% in February despite a fall in the number of job seekers to 42.7%: CMIE

    Unemployment rate at 7.2% in February despite a fall in the number of job seekers to 42.7%: CMIE

    The fall in the number of job seekers, Vyas says, indicates a fall in the labour force participation rate.

  • UK jobless rate holds at lowest since 1975

    UK jobless rate holds at lowest since 1975

    The jobless rate -- or the proportion of the workforce that is unemployed -- stood at 4.3 percent in the three months to the end of October, the Office for National Statistics (ONS) said in a statement.

  • Unemployment rate in UP higher than national average: Govt

    Unemployment rate in UP higher than national average: Govt

    Dattatreya said he will soon coordinate with the new Uttar Pradesh government to resolve the problem. He said as many as 470 'Job Melas' were held across the country of which 21 were held in Uttar Pradesh.

  • Centre admits to rising rate of unemployment in India

    Centre admits to rising rate of unemployment in India

    In reply to a question during Question Hour, Minister of State for Planning Rao Inderjit Singh said that overall unemployment was rising, but the rate was highest among the Other Backward Classes (OBCs).

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347