Employment rate in June lowest in last 1 year, says CMIE
Tuesday, 5 July 2022 India’s employment fell the most in a non-lockdown period, in June, likely as patchy monsoon rains delayed deployment of agriculture labor in rural areas. Data released by Centre for Monitoring Indian Economy showed that the unemployment rate climbed to 7.8% of the total workforce in June, from 7.12% in May.
The country’s unemployment rate rose to 7.8% in June from 7.12% in the previous month. CMIE showed that the rural unemployment level increased by 141 basis points to 8.03%.
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