CMIE Data

In contrast, the railways had achieved a cargo growth of 8.5 per cent in October 2023

Private-sector capex may face headwinds from a growth slowdown, suggested independent market expert Ambareesh Baliga

Rural areas continue to experience higher unemployment rates, with joblessness growing to 9.3 per cent in June 2024 from 6.3 per cent in May 2024 and 8.8 per cent in June 2023

Index of Consumer Sentiments index is at its highest level since at least March 2019

Out of 1.2 crore self-help groups (SHGs) in the country, 88 per cent are women groups, according to the Economic Survey 2022-23

Indian job market has several challenges, says new report by ILO

Govt's contribution in the trend is now trending higher than the private sector's

An official nationwide caste census has not been conducted since Independence, numbers collected by private and government enti­ties as part of other data collection exercises provide some insights

India's imports from Saudi Arabia was worth $31.3 billion more than its exports to the country

Krishnamurthy V Subramanian also called to cease the use of CMIE data on employment in India till the flaws in its survey methodology are fixed

Decline comes after the pandemic surge took announcements to record high

Higher borrowing costs are already weighing on India's economy, data show

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India's unemployment rose to a three-month high in March to 7.8 per cent as the country's labour markets deteriorated, according to data from the Centre for Monitoring Indian Economy (CMIE). Unemployment rate in the country surged in December 2022 to 8.30 per cent but declined in January to 7.14 per cent. It edged up again in February to 7.45 per cent, the CMIE data released on Saturday showed. During March, the unemployment rate in urban areas was at 8.4 per cent while in the rural areas it was at 7.5 per cent. "India's labour markets deteriorated in March 2023. The unemployment rate increased from 7.5 per cent in February to 7.8 per cent in March. The effect of this is compounded by the simultaneous fall in the labour force participation rate, which fell from 39.9 per cent to 39.8 per cent," CMIE managing director Mahesh Vyas told PTI. This led to a fall in the employment rate from 36.9 per cent in February to 36.7 per cent in March, Vyas said, adding that employment fell from 40

While the relatively richer and poorer households have seen their consumer sentiments spurt, the middle income households have seen slower growth in their sentiments

The largest provider of employment in Maharashtra is the agricultural sector

We see a fairly remarkable improvement in the Indian consumer sentiments during the first 10 weeks of 2023

There was a marginal improvement in India's labour participation rate to 39.92% in February compared to 39.8% in January 2023

The recovery in consumer sentiments from the pandemic has been the slowest among all economic indicators

India, incidentally, was the fastest country to report the unemployment rate for the month of January 2023