Return to a declining gradient

The small fall in the unemployed we see does not imply that more people got employment

India pencilled an unemployment rate of 6.9 per cent in February 2021. This was higher than the 6.5 per cent unemployment rate recorded in January 2021 but lower than the 9.1 per cent India had touched in Dece­mber 2020. The unemployment rate has ranged from 6.5 per cent to 9 per cent in the post-lockdown period since July 2020. The February 2021 rate is a little lower than the 7.3 per cent average during this per­iod. It is also lower than the February 2020 unemployment rate, which was 7.8 per cent.

The average unemployment rate during the post-lockdown period since