3 min read.Updated: 08 Jul 2021, 02:08 PM ISTVivek Kaul
The lack of jobs is forcing many people to stop looking for one and thus drop out of the workforce.
Here’s the good news first. According to the Centre for Monitoring Indian Economy (CMIE), the unemployment rate for June 2021 fell to 9.17%. It was at 11.9% in May. The following chart plots the unemployment rate since January 2016, the period for which this data is available.