Lockdown woes: Joblessness rate near 1-year high; unemployment up in rural areas; virus threat hits demand for MGNERGS work

According to data released by Centre for Monitoring Indian Economy (CMIE), rural joblessness doubled to 14.34% in the week ended May 16 from 7.29% in the previous week. Urban unemployment rate went up to 14.71% in the latest week under review from 11.72% in the week earlier.

from The Financial Express https://ift.tt/2Qv1hn8