India's unemployment rate is rising again - CMIE
India's unemployment rate is rising again - CMIE During the Covid-19 Lock down in India, most of the workers in the country lost their jobs. This was especially the case in Informal employment. The lock down was extended in the following months as the number of Covid cases increased. There was no major impact in the Food based industry due to unforeseen demand. The country's unemployment rate rose 23.52 Percent in the month of April 2020, which was seen as 8.75 Percent in March 2020. This was said to be unprecedented in the History. In April 2020, the unemployment rate was 24.95 Percent in Urban areas and 22.89 Percent in the Rural. Then in the month of May, unemployment rate was 21.73 Percent. It was seen as 10.18 Percent in the end of June 2020. It is noteworthy that this rate, which then gradually declined and was in the range of 6-8 Percent during the period from July to November this year. Most of the Companies were reported that have more than 50 Percent employees comi