Tuesday, April 23, 2024
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Meghalaya has third-lowest unemployment rate in India

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MUMBAI, Feb 2: The unemployment rate in Meghalaya is the third lowest in India at 1.5%, data released by independent think-tank Centre for Monitoring Indian Economy (CMIE) said.
Telangana reported the lowest unemployment rate at 0.7% in January, followed by Gujarat (1.2%), Meghalaya and Odisha (1.8%). However, Haryana had the highest unemployment rate at 23.4%, followed by Rajasthan at 18.9%.
India’s unemployment rate witnessed a sharp decline to 6.57% in January, the lowest since March 2021, as the country gradually recovers with easing of restrictions following a decline in Omicron cases, according to CMIE.
While unemployment in urban India stood at 8.16% in January, in rural areas it was the lowest at 5.84%.
In December, the unemployment rate in India stood at 7.91%, with urban at 9.30% and rural at 7.28%, it added.
CMIE had estimated the number of unemployed in India as of December 2021 at 5.3 crore, of which a huge proportion were women. It also said 3.5 crore people were actively looking for work in December 2021, of which 23% or 80 lakh were women. (PTI)

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