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Centre for Monitoring Indian Economy
Only 40% Indians are employed or seeking work, shows data
In absolute terms, India’s labour force shrank from 445 mn to 435 mn in six years. Currently, about 1,085 million Indians are aged 15 or above and can be legally employed
In absolute terms, India’s labour force shrank from 445 mn to 435…
The era of an unemployed India
There are many indices of proof that seriously contradict the tall claims of employment generation in India
There are many indices of proof that seriously contradict the tall claims of employment generation in India
Reports on and the…
Consumer sentiment recovers sharply after setback suffered in second wave: CMIE
Consumer sentiments in India have witnessed a sharp recovery since June 2021 and continue to rise week after week on the back of significant surge in income of middle-income households, the Centre for Monitoring Indian Economy said.…
India sees dip in Jan unemployment rate as 6.6 million people moved out of the labour market: CMIE
India witnessed a significant dip in unemployment rate in January as 6.6 million people moved out of the labour market resulting in a dip in unemployment rate and the labour force participation rate last month, the Centre for Monitoring…
Consumer sentiment improves in January by 3.9% after a dip in December: CMIE
Consumer sentiments have improved in January by 3.9% after a dip in December when it fell by 4.5% to 57.6, though the recovery is somewhat hesitant, the Centre for Monitoring Indian Economy said.
CMIE data shows that the average weekly…
India’s December jobless rate hits 4-month high of 7.9%: CMIE data
NEW DELHI (Reuters) -India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian Economy (CMIE) showed on Monday.
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Outbreak of pandemic led to an increase in number of households with no earning members: CMIE
The outbreak of pandemic has led to an increase in the number of households with no earning members making them more vulnerable to the pandemic, the Centre for Monitoring Indian Economy said.
On an average 7.8% of the households did not…
Unemployment rate likely to be 8% compared to 6.5% in March in India: CMIE
The unemployment rate in India has shot up in the first two weeks of April and the monthly unemployment rate is likely to be close to 8% compared to 6.5% in March with lower absorption of labour in the market, says the Centre for Monitoring…