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India's jobless rate tapers to 5-week low as economy reboots in patches

city New Delhi India outbreak economy Coronavirus
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NEW DELHI: India's unemployment rate has tapered to a five-week low in the week ended 26 April as the country eased the lockdown in patches and rural economy reopened gradually to salvage the harvesting season.

According to the Centre for Monitoring of Indian Economy (CMIE), unemployment rate in India fell to 21.05% in week ended 26 April from the previous high of 26.19% reported in the week to 19 April.

The rural economy that deploys a lion's share of work-force also saw a fall in unemployment rate to 20.88% in joblessness rate during the same period.

This is also for the first time since the first week of April that the rural unemployment figures showed a degrowth. Though the numbers are still not very comforting for any economy, the

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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