Unemployment Rate in India (Aug 2020) - CMIE Data - Monster Thinks

Thursday, September 10, 2020

Unemployment Rate in India (Aug 2020) - CMIE Data

Centre For Monitoring Indian Economy (CMIE) Released Data of Unemployment rate in Aug 2020



Unemployment rate in India 2020










  • Haryana at the top in the rate of unemployment, says CMIE data
  • Karnataka has the lowest unemployment rate 
  • National Unemployment rate is 8.35%, Where Urban and Rural have 9.83 and 7.65 resp.



CMIE - Centre For Monitoring Indian Economy published the unemployment data of Aug 2020. Haryana (33.5%), Tripura(27.9%) and Rajasthan (17.5%) are on top of the list, Whereas Karnataka (0.5%), Odisha (1.4%) and Gujarat (1.9%) are on the bottom of the list. Read Also: NCRB Report 2020 on Farm Suicide


Punjab has 11% unemployment rate in the state and Himachal Pradesh has 15.8% unemployment rate


In the last few days, the angry unemployed youth trended the various hashtags on Twitter (social media site). 


List of all states with their unemployment rate as follow:


State

Unemployment Rate (in %)

Karnataka

0.5

Odisha

1.4

Gujarat

1.9

Tamil Nadu

2.6

Meghalaya

3.7

Madhya Pradesh

4.7

Puducherry

5

Assam

5.5

Chhattisgarh

5.6

Telangana

5.8

Uttar Pradesh

5.8

Maharashtra

6.2

Andhra Pradesh

7

Jharkhand

9.8

Kerala

11

Punjab

11

Jammu & Kashmir

11.1

Sikkim

12.5

Bihar

13.4

Delhi

13.8

Uttarakhand

14.3

West Bengal

14.9

Himachal Pradesh

15.8

Goa

16.2

Rajasthan

17.5

Tripura

27.9

Haryana

33.5

 

Read Also: Punjab Pre-primary teacher Recruitment


About 21 million salaried employees lost their jobs during April-August, with about 3.3 million jobs being lost in August and 4.8 million in July, the Centre for Monitoring Indian Economy (CMIE) said. The job losses are not only confined to only the support staff among salaried employees but also includes industrial workers and white-collar workers, it said. Read Also: Why Farmers of Punjab & Haryana Protest?


Salaried jobs in August came down to 65 million from 86 million in the country in the full year of 2019-20. “The deficit of 21 million jobs is the biggest among all types of employment. About 4.8 million salaried jobs were lost in July and then in August, another 3.3 million jobs were gone,” the CMIE said. Read Also: Moody's Survey about India's GDP

 

As per the monthly CMIE data, the unemployment rate of the country rose to 8.35 per cent in August from 7.40 per cent in the previous month. The urban unemployment rate inched higher to 9.83 per cent in August from 9.37 per cent seen in the previous month, while the rural unemployment rate increased to 7.65 per cent in August from 6.51 per cent in the month-ago period, the CMIE data showed.


Farming has been the last resort for people who lost jobs during the lockdown, with employment in farming rising by 14 million by August as against 111 million employees during 2019-20. Employment as entrepreneurs had declined earlier in the lockdown but by August, it increased by nearly 7 million from 78 million, the CMIE said.








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