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India s unemployment in 2020 at worst level in 29 years, shows study
India s unemployment rate sharply rose to 7.11 per cent in 2020 from 5.27 per cent in 2019; the United States and Brazil showed higher unemployment rates in comparison to India
BusinessToday.In | May 28, 2021 | Updated 18:51 IST
India s unemployment rate rose to its highest level since 1991 during 2020 as coronavirus pandemic caused economy to come to a screeching halt, according to a study. The nation saw one of the toughest lockdowns in the world starting March last year as the pandemic claimed numerous lives, with stringent restrictions on mobility and economic activities across the board.
India s unemployment rate sharply rose to 7.11 per cent in 2020 from 5.27 per cent in 2019, said a report by Centre for Economic Data and Analysis (CEDA) based on the ILOSTAT database of International Labour Organisation. Going back, India saw its unemployment rate rise between 2008, when it was 5.36 per ce ....

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