city New Delhi India economy crisis infection Coronavirus city New Delhi India

Rural joblessness rate falls to lowest since lockdown began

Reading now: 952
www.livemint.com

NEW DELHI : India’s rural job loss rate has shown the highest improvement over the past two months, underscoring the impact of the easing of coronavirus-induced curbs across most parts of the country.

Rural unemployment rate dropped to 17.92% in the week ended 31 May from 25.09% in the previous week, showed data issued on Monday by the Centre for Monitoring Indian Economy (CMIE).

This also marked the biggest improvement in percentage terms in the rural job loss rate in nine weeks, according to CMIE. Labour economists attributed the recovery to the unlocking of the rural economy and the results of better fund allocation for the rural jobs scheme.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA