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India’s unemployment rate climbs to 27.1%, 121.5mn out of work: CMIE

city New Delhi India covid-19 pandemic economy prevention
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91.3 million including daily wagers and those working with small traders were out of jobs in April followed by 18.2 million employment loss of entrepreneurs, and 17.8 million among salaried class, CMIE data shows NEW DELHI : India’s unemployment rate climbed to a staggering 27.1% in the week ended 3 May and some 121.5 million Indians were out of jobs in April as India continues to be on a lockdown mode to prevent the spread of covid-19, showed data from the Centre for Monitoring of Indian Economy.

According to CMIE data, 91.3 million including daily wagers and those working with small traders were out of jobs in April followed by 18.2 million employment loss of entrepreneurs, and 17.8 million among salaried class.

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United States
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