India's Unemployment Rate Falls To 6.57%, Lowest Since March 2021: CMIE

According to CMIE, India's unemployment rate witnessed a decline to 6.57 % in January, the lowest since March 2021. The reports were based on survey on 35 million people, looking for work in December 2021. The unemployment rate in urban India stood at 8.16 % in January while, in rural areas, it was the lowest at 5.84 %. Notably, Telangana and Haryana reported the lowest and highest unemployment rate respectively.