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This is an archive article published on December 14, 2021

For the week ended December 12: ‘Urban jobless rate at double-digit level’

Urban unemployment rate spiked to double-digit rate for the first time in 17 weeks, to reach 10.09 per cent for the week-ended December 12, pushing the country’s overall joblessness rate to a nine-week high of 8.53 per cent, according to the Centre for Monitoring Indian Economy (CMIE).

unemployment, india unemployment, omicron, covid-19, india unemployment rate, India news, Indian express, Indian express news, current affairs The previous highest unemployment rate was 8.3 per cent in August. It stood at 9.1 per cent in December 2020. (Representational)

Urban unemployment rate spiked to double-digit rate for the first time in 17 weeks, to reach 10.09 per cent for the week-ended December 12, pushing the country’s overall joblessness rate to a nine-week high of 8.53 per cent, according to the Centre for Monitoring Indian Economy (CMIE). Rural joblessness rate too was at a nine-week high of 7.42 per cent during the week. Amidst the rise in rural unemployment rate, there has also been a fall in employment generation under MG-NREGS. FE

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