Unemployment Rate In India Rises From 6.95% to 8.32%, CMIE Report
The data collected by the Centre for Monitoring Indian Economy (CMIE) revealed that India's unemployment rate has increased, around 1.5 million people have lost their job in August. According to the CMIE report, the unemployment rate has gone from 6.95% to 8.32%. K.R. Shyam Sundar, a labour economist said, "The labour market struggle will continue... a decent jobs recovery... manage to stop the third wave of the pandemic."