Unemployment rate in India at 6.9%, a 2-year high: study by Centre for Monitoring Indian Economy

Posted on:09 Nov 2018 10:13:40
Unemployment rate in India at 6.9%, a 2-year high: study by Centre for Monitoring Indian Economy
09 November 2018 Current Affairs: Labour participation rate a measure of the proportion of adults willing to work declined to 42.4%, the lowest since January 2016.

The Estimated number of persons employed during October 2018 was 397 million. 

This is 2.4% lower compared to the 407 million persons employed in October 2017.
Labour participation rate a measure of the proportion of adults willing to work declined to 42.4%, the lowest since January 2016.

The Estimated number of persons employed during October 2018 was 397 million. 

This is 2.4% lower compared to the 407 million persons employed in October 2017.

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