Question
According to the data provided by the Centre for
Monitoring Indian Economy ,all India unemployment rate remained elevated in February 2023 and rose to______ from 7.14% in the previous month.Solution
Joblessness measured by the CMIE All India unemployment rate remained elevated in February 2023 and rose to 7.45% from 7.14% in the previous month. Urban unemployment rate decreased for the second straight month and was at 7.93% in February as against 8.55% in January. Rural unemployment rate spiked to 7.23% last month from 6.48% in January. The employment rate, which is the most important indicator has dropped a little from 36.96% to 36.94%.
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