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Unemployment Rate Spiked To Record 27.1% In April: Think-Tank CMIE

The report comes as India enters Day 2 of lockdown 3.0 meant to stem the COVID-19 disease
The report comes as India enters Day 2 of lockdown 3.0 meant to stem the COVID-19 disease
Withdrawal of the coronavirus-triggered lockdown - the third phase of which ends on May 17 - is expected to yield quick results on the livelihood front, according to the CMIE. The CMIE Unemployment Survey was started in 2016, and since then, it has been a proxy for evaluating the state of labour market in the country. The labour force consists of all employed persons, persons who are unemployed and are actively looking for jobs. ...
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