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Hiring by Centre, state governments fell to 3-year low in FY21

India s Weekly Unemployment Rate Rises to 14 7% – the Highest Since June 2020: CMIE

India s Weekly Unemployment Rate Rises to 14.7% – the Highest Since June 2020: CMIE Urban employment rose to 17.4% in the week ended May 23 compared with 14.7% in the previous week, while rural unemployment eased to 13.5% compared with 14.3% in the previous week. Representative image. Job seekers fill up forms as others line up for registration during a job fair in Chinchwad, India February 7, 2019. Photo: Reuters/Danish Siddiqui/File Photo Economy9 hours ago New Delhi: India’s unemployment rate has spiked to 14.7% in the week ended May 23, the highest since June 2020, according to Centre for Monitoring Indian Economy (CMIE) data. Urban employment rose to 17.4% during the same period compared with 14.7% in the prior week, while rural unemployment eased to 13.5% compared with 14.3% in the prior week.

Unemployment rate continues to rise as lockdowns derail economic activity

Unemployment rate continues to rise as lockdowns derail economic activity Unemployment rate continues to rise as lockdowns derail economic activity Weekly unemployment rate has jumped sharply as a result of reduced economic activity and mobility curbs during the second Covid-19 wave. Data indicates that urban unemployment has jumped sharply in the week ended May 23. advertisement UPDATED: May 25, 2021 16:32 IST Unemployment rate in urban areas has seen a greater jump in May due to mobility curbs and reduced economic activity. (Photo: PTI/Representational image) Weekly data from the Centre For Monitoring Indian Economy (CMIE) suggests that unemployment rate has climbed upwards for the fourth consecutive week and is now at the highest level since June 2020.

India s Second COVID-19 Wave Shatters Livelihood Hopes of Poor Migrant Labourers

Migrant labourers wait in queues in Kashmir in order to travel back to their homes. The second wave of COVID-19 in India has seen masses of people leave cities and towns to return to their rural homes. Credit: Umer Asif/IPS NEW DEHLI, May 25 2021 (IPS) - Last month, in the midst of New Dehli’s coronavirus lockdown, 37- year-old labourer Prakash Kumar wanted to return to his rural home in India’s northern state of Uttar Pradesh. But instead of travelling the usual few hours by bus, Kumar had to journey for three days. “The firm [where I worked] was closed down and there was no work left in the city. The government had kept the busses and trains operational and that is why we decided to leave,” Kumar told IPS.

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