CMIE: India’s Unemployment Rate in January 2022 Falls to 6.57%; Lowest since March 2021

  • According to the Centre for Monitoring Indian Economy Pvt. Ltd (CMIE), the unemployment rate of India has declined to 57% in January 2022, the lowest since March 2021(6.50%).
  • In January 2022, the unemployment rate in urban India is at 16% and the unemployment rate in rural India is at 5.84%.
  • Telanganahas reported the lowest unemployment rate with 0.7% followed by Gujarat (1.2 per cent), Meghalaya (1.5 per cent) and Odisha (1.8 per cent).

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