-Newsclick.in Labour force has still not recovered to pre-pandemic levels, according to CMIE. Latest estimates put the number of unemployed in India at over 5 crore. This is just short of the heights reached during 2020, the first year of the pandemic, which saw recurring lockdowns and a shutdown of the economy. These estimates, made by the Centre for Monitoring Indian Economy (CMIE), are drawn from periodic sample surveys carried out by...

-PTI/ The Telegraph Among the states, Haryana continued to have the highest unemployment rate in the country Mumbai: The country's unemployment rate rose to a three-month high at 8 per cent during November, according to data by the Centre for Monitoring Indian Economy (CMIE). The unemployment rate in urban India was higher at 8.96 per cent, while in rural areas, it was at 7.55 per cent, the CMIE data showed on Thursday. In October...

-The Hindu Being fiscally conservative resulted in a rise in extreme poverty, with there being no signs of any course correction A recent World Bank report, titled “Correcting Course”, captures the impact of the COVID-19 pandemic on global poverty. The number of people living in extreme poverty rose by seven crore million in 2020, as the global poverty rate rose from 8.4% in 2019 to 9.3% in 2020. This is the first...

The newly released World Bank report has estimated that the number of extremely poor people globally went up by nearly 71 million in the year 2020 as compared to 2019 — a 11 percent increase. Between 2019 and 2020, the number of poor swelled by around 56 million in India. It means that about 79 percent of the total people globally who slipped into poverty during the first year of...

-Newsclick.in The share of the working-age population that is actually working is still less than in pre-pandemic times. The latest data on unemployment has been met with optimism, and near-celebration, especially in the mainstream media, which is straining at the leash to portray some good news about the economy under the Narendra Modi government. September’s unemployment rate fell to 6.43% from August’s 8.3%, according to the Centre for Monitoring Indian Economy (CMIE)—both...