Unemployment rate still higher than pre-lockdown level as recovery slows down: CMIE
The unemployment rate in the country continues to remain high despite the sharp rebound in labour participation rate, said Mumbai-based think tank Centre for Monitoring Indian Economy (CMIE). CMIE said the unemployment rate fell “very sharply” from 23.5 per cent in May 2020 to 11 per cent in June. However, the think tank’s Managing Director … Read more