Question
Download Solution PDFAccording to the Centre for Monitoring Indian Economy (CMIE), in which state of India was the unemployment rate recorded as 34.5%, as of April 2022?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Haryana.
Key Points
- The Centre for Monitoring the Indian Economy (CMIE) released data in March 2022, analyzing the unemployment in the country.
- The highest unemployment rate of 34.5% was recorded in the northern state of Haryana, followed by 28.8% in Rajasthan.
- India's unemployment rate rose to 7.83% in April from 7.60% in March.
- The urban unemployment rate rose to 9.22% in April from 8.28% the previous month, while the rural unemployment rate slipped to 7.18% from 7.29%.
- Retail inflation rose to a 17-month high of 6.95% in March.
- The labor participation rate, the proportion of people in employment or seeking work among the working population, slipped to 39.5% in March 2022 from 43.7% in March 2019
Last updated on May 28, 2025
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