lockdown, with
joblessness rate shooting up as high as
23.5 per cent (according to private research firm Centre for Monitoring Indian Economy). With things slowly limping back to some sort of normalcy even as
COVID-19 lingers on, the
unemployment rate continues to be a concern. India’s overall unemployment rate increased significantly to nearly 10 per cent in the week ended December 13, after showing some signs of recovery in the last few months, when it hovered around 6-8 per cent.
The mid-December data indicates that unemployment rate is, at least, at a 23-week high.
Jobs are essential to kickstarting the
economy which has officially gone into