{"id":1245305,"date":"2023-05-06T12:24:49","date_gmt":"2023-05-06T06:54:49","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1245305"},"modified":"2023-05-06T12:25:26","modified_gmt":"2023-05-06T06:55:26","slug":"indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/","title":{"rendered":"India&#8217;s Unemployment Rate Increases To 4-Month High At 8.11%; Only 46 Crore Indians Are Employed"},"content":{"rendered":"\n<p>As per the latest data, there are more people joining the workforce compared to available jobs in India and the unemployment rate climbed to a four-month high.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1-1024x576.jpeg\" alt=\"India's Unemployment Rate Increases To 4-Month High At 8.11%; Only 46 Crore Indians Are Employed \" class=\"wp-image-1245325\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1-1024x576.jpeg 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1-300x169.jpeg 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1-768x432.jpeg 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1.jpeg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The job creation for the burgeoning population of Asia\u2019s third largest economy is quite a menace, especially for Prime Minister Narendra Modi\u2019s government, especially as he looks to a third term in office in national elections due next summer.<\/p>\n\n\n\n<p><strong>Unemployment in India<\/strong><\/p>\n\n\n\n<p>The nationwide joblessness rate <a href=\"https:\/\/economictimes.indiatimes.com\/news\/economy\/indicators\/indias-unemployment-rate-climbs-to-four-month-high-in-april\/articleshow\/99930168.cms?from=mdr\">rose<\/a> to 8.11% in April from 7.8% in March, the highest since December.\u00a0<\/p>\n\n\n\n<p>As per the data research firm Centre for Monitoring India Economy, during the same period, urban unemployment climbed to 9.81% from 8.51% in whereas in the rural areas, it fell marginally to 7.34% in April from 7.47% a month ago, according to data from research firm Centre for Monitoring India Economy.<\/p>\n\n\n\n<p>Mahesh Vyas, head of CMIE, wrote in a column for the Business Standard newspaper said that \u201cThe unemployment rate increased owing to a rise in the labor participation rate\u201d.<\/p>\n\n\n\n<p><strong>Labor Force Expansion Despite Job Crunch<\/strong><\/p>\n\n\n\n<p>He added that India\u2019s labor force increased by 25.5 million people to 467.6 million in April, possibly due to \u201cincrease in optimism about finding employment,\u201d taking the labour participation rate to 41.98% in April, the highest in three years.<\/p>\n\n\n\n<p>About 87% of this expanded labor force were able to secure employment as an additional 22.1 million jobs were created in the month. The employment rate rose to 38.57% in April, highest since March 2020.<\/p>\n\n\n\n<p>\u201cThe notable rise in LPR and employment rate in India in the month of April reflects an increase in willingness among people to seek employment,\u201d Vyas said.<\/p>\n\n\n\n<p>As per the CMIE data, more jobs were created in rural areas than in urban areas. Around 94.6% of the people who joined the rural labor force became employed, while only 54.8% of seekers in urban areas found new jobs. CMIE\u2019s finding corroborates with the fact that demand for government\u2019s job guarantee program is falling in rural areas.<\/p>\n\n\n\n<p>In its April bulletin, the Reserve Bank of India said demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act has been moderating since January on the back of better winter crop sowing and a recovery in informal sector employment.<\/p>\n\n\n\n<p>As per the Chief Economist of IndusInd Bank, Gaurav Kapur, the rising labor force participation is the last leg of economic normalization since the pandemic.&nbsp;<\/p>\n\n\n\n<p>He added that \u201cIt is a sign that normalization is happening, or has already gone through\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As per the latest data, there are more people joining the workforce compared to available jobs in India and the unemployment rate climbed to a four-month high. The job creation for the burgeoning population of Asia\u2019s third largest economy is quite a menace, especially for Prime Minister Narendra Modi\u2019s government, especially as he looks to [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":1245325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[1516],"class_list":["post-1245305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-unemployement"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India&#039;s Unemployment Rate Increases To 4-Month High At 8.11%; Only 46 Crore Indians Are Employed - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India&#039;s Unemployment Rate Increases To 4-Month High At 8.11%; Only 46 Crore Indians Are Employed - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"As per the latest data, there are more people joining the workforce compared to available jobs in India and the unemployment rate climbed to a four-month high. The job creation for the burgeoning population of Asia\u2019s third largest economy is quite a menace, especially for Prime Minister Narendra Modi\u2019s government, especially as he looks to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-06T06:54:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-06T06:55:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rohit Kulkarni\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rohit Kulkarni\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/\",\"url\":\"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/\",\"name\":\"India's Unemployment Rate Increases To 4-Month High At 8.11%; Only 46 Crore Indians Are Employed - Trak.in - Indian Business of Tech, Mobile &amp; Startups\",\"isPartOf\":{\"@id\":\"https:\/\/trak.in\/stories\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1.jpeg\",\"datePublished\":\"2023-05-06T06:54:49+00:00\",\"dateModified\":\"2023-05-06T06:55:26+00:00\",\"author\":{\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/4486219a5d31e657b529e6e874cead8b\"},\"breadcrumb\":{\"@id\":\"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/#primaryimage\",\"url\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1.jpeg\",\"contentUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1.jpeg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trak.in\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"India&#8217;s Unemployment Rate Increases To 4-Month High At 8.11%; Only 46 Crore Indians Are Employed\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trak.in\/stories\/#website\",\"url\":\"https:\/\/trak.in\/stories\/\",\"name\":\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\",\"description\":\"Trak.in is a popular Indian Business, Technology, Mobile &amp; Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups &amp; Social Media Space\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trak.in\/stories\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/4486219a5d31e657b529e6e874cead8b\",\"name\":\"Rohit Kulkarni\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/52ba60e3a61a3517cad7b5dd6bce76c6e7a4d8b337f4240839e8737c4ab8b1bb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/52ba60e3a61a3517cad7b5dd6bce76c6e7a4d8b337f4240839e8737c4ab8b1bb?s=96&d=mm&r=g\",\"caption\":\"Rohit Kulkarni\"},\"url\":\"https:\/\/trak.in\/stories\/author\/rohit-kulkarni\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"India's Unemployment Rate Increases To 4-Month High At 8.11%; Only 46 Crore Indians Are Employed - Trak.in - Indian Business of Tech, Mobile &amp; Startups","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/","og_locale":"en_US","og_type":"article","og_title":"India's Unemployment Rate Increases To 4-Month High At 8.11%; Only 46 Crore Indians Are Employed - Trak.in - Indian Business of Tech, Mobile &amp; Startups","og_description":"As per the latest data, there are more people joining the workforce compared to available jobs in India and the unemployment rate climbed to a four-month high. The job creation for the burgeoning population of Asia\u2019s third largest economy is quite a menace, especially for Prime Minister Narendra Modi\u2019s government, especially as he looks to [&hellip;]","og_url":"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/","og_site_name":"Trak.in - Indian Business of Tech, Mobile &amp; Startups","article_published_time":"2023-05-06T06:54:49+00:00","article_modified_time":"2023-05-06T06:55:26+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1.jpeg","type":"image\/jpeg"}],"author":"Rohit Kulkarni","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Rohit Kulkarni","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/","url":"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/","name":"India's Unemployment Rate Increases To 4-Month High At 8.11%; Only 46 Crore Indians Are Employed - Trak.in - Indian Business of Tech, Mobile &amp; Startups","isPartOf":{"@id":"https:\/\/trak.in\/stories\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/#primaryimage"},"image":{"@id":"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/#primaryimage"},"thumbnailUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1.jpeg","datePublished":"2023-05-06T06:54:49+00:00","dateModified":"2023-05-06T06:55:26+00:00","author":{"@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/4486219a5d31e657b529e6e874cead8b"},"breadcrumb":{"@id":"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/#primaryimage","url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1.jpeg","contentUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1.jpeg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/trak.in\/stories\/indias-unemployment-rate-increases-to-4-month-high-at-8-11-only-46-crore-indians-are-employed\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trak.in\/stories\/"},{"@type":"ListItem","position":2,"name":"India&#8217;s Unemployment Rate Increases To 4-Month High At 8.11%; Only 46 Crore Indians Are Employed"}]},{"@type":"WebSite","@id":"https:\/\/trak.in\/stories\/#website","url":"https:\/\/trak.in\/stories\/","name":"Trak.in - Indian Business of Tech, Mobile &amp; Startups","description":"Trak.in is a popular Indian Business, Technology, Mobile &amp; Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups &amp; Social Media Space","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trak.in\/stories\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/4486219a5d31e657b529e6e874cead8b","name":"Rohit Kulkarni","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/52ba60e3a61a3517cad7b5dd6bce76c6e7a4d8b337f4240839e8737c4ab8b1bb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/52ba60e3a61a3517cad7b5dd6bce76c6e7a4d8b337f4240839e8737c4ab8b1bb?s=96&d=mm&r=g","caption":"Rohit Kulkarni"},"url":"https:\/\/trak.in\/stories\/author\/rohit-kulkarni\/"}]}},"jetpack_featured_media_url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/jobless-employment-survey-1280x720-1.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1245305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/comments?post=1245305"}],"version-history":[{"count":2,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1245305\/revisions"}],"predecessor-version":[{"id":1245328,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1245305\/revisions\/1245328"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media\/1245325"}],"wp:attachment":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media?parent=1245305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/categories?post=1245305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/tags?post=1245305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}