India Unemployment Rate 2023 [7.45] – State Wise, India Vs World

India Unemployment Rate 2023- The Centre for Monitoring the Indian Economy has made the most recent data on India’s unemployment available. According to the most recent CMIE analysis, unemployment has increased over the past month. India’s unemployment rate was found to be 7.45 percent in February 2023. This is a basic extension in the India Joblessness Rate 2023 as it was 7.14% in January 2023. India’s youth unemployment rate has risen significantly as a result. In addition, it has been reported that Haryana has the highest unemployment rate in India, at 29.4%, while Chhattisgarh has the lowest, at 0.8 percent.

The public authority likewise delivered the information for the creation of eight center area development in January. It demonstrated that production of eight core sector growth grew at a rate of 7.8% in January, up from 7% in December, a four-month high.


India Unemployment Rate 2023

The India Unemployment Rate 2023 for the period of February 2023 has been delivered by the CMIE. Everybody can really look at it from the landing page of the CMIE. The information has been arranged after the examination of joblessness in each state and it is delivered week by week and month to month. This information helps the Public authority of India to plan various systems to handle the issue of Joblessness. The Focal and State legislatures consistently discharge various arrangements correct lift work in the entire country.

The primary driver of joblessness in India is that numerous adolescents need to bring in cash however they would rather not work for it. They search for simple methods for bringing in cash which by and large incorporates criminal operations. Besides, nearly everybody in their 20s is attempting to plan for State and Focal Government occupations in light of its advantages. Subsequently there is extreme rivalry in enrollment for these posts however there are insufficient opening. Subsequently the greater part of the adolescents are left with nothing.

India Unemployment Rate 2023

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India Unemployment Rate 2023 Details

Name India
Government Government of India
Year 2023
Conducting Body Centre for Monitoring Indian Economy (CMIE)
Prime Minister Narendra Modi
President Droupadi Murmu
States 28
India Unemployment Rate 2023 January 7.14
India Unemployment Rate 2023 February 7.45
India Unemployment Rate 2023 December 2022 8.30
Article Category Trending
Official Website

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Unemployment Rate of India

The most recent CMIE Report indicates that while the rural unemployment rate increased to 7.23 percent from 6.48 percent in February, the urban unemployment rate decreased to 7.93 percent from 8.55 percent in the previous month. From 7.14 percent in January, India’s unemployment rate rises to 7.45 percent in February. The unemployment rate decreased from 7.6% in the preceding quarter to 7.2% in the July-September quarter, according to separate quarterly figures prepared by the state-run National Statistical Office (NSO) and released in November 2022. It is anticipated that India’s unemployment rate will rise in the coming years, despite its historically high level. In point of fact, the Organization for Economic Cooperation and Development (OECD) predicts that India’s unemployment rate will quadruple from 4% to 8% by 2022, even if the economy continues to expand at a healthy rate.

From a 6% joblessness rate in 2017, India’s joblessness rate would move to 8.3% by 2022. As indicated by the gauge, throughout the following four years, 10 million additional individuals will join the positions of the jobless, carrying the complete to 220 million by 2022. The public authority likewise conjectures that there will be 1 million unexpected work opening throughout this time span, yet it additionally expects that the quantity of positions wouldn’t be adequate to check the populace development overall.

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India Unemployment Rate 2023 Month Wise List

The India Unemployment Rate 2023 Month-Wide List can be accessed on the website of the Centre for Monitoring the Indian Economy (CMIE). This list, which covers the previous year, is also included in the table that follows.

Month Unemployment Rate (in %)
February 2023 7.45%
January 2023 7.14%
December 2022 8.30%
November 2022 8.03%
October 2022 7.92%
September 2022 6.43%
August 2022 8.28%
July 2022 6.83%
June 2022 7.83%
May 2022 7.14%
April 2022 7.83%
March 2022 7.57%

Current Unemployment Rate in India

According to the 16th Periodic Labour Force Survey conducted by the National Statistical Office, India’s unemployment rate for those aged 15 or older who live in urban areas decreased from 9.8% to 7.2% during the fiscal second quarter that ended on September 30, indicating a sustained recovery from the coronavirus pandemic that had left millions of people without jobs. The unemployment rate for females (those over the age of 15) in urban areas decreased from 11.6% in July to 9.4% in September, while the unemployment rate for males decreased from 9.3% to 6.6% a year ago.

The following is a comprehensive list of the state-by-state unemployment rates in India as of December 2022, as determined by the most recent CMIE statistics, which were made public on March 1, 2023.

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India Unemployment Rate 2023 State Wise List

The India Unemployment Rate 2023 State-Wide List can also be found on the website of the CMIE. This list was made after carefully analyzing the state’s monthly unemployment rate. The table that follows also contains the list organized by state.

State Unemployment Rate (in%) in February 2023
Andhra Pradesh 6.6%
Assam 8.6%
Bihar 12.3%
Chhattisgarh 0.8%
Delhi 8.6%
Goa 11.1%
Gujarat 2.5%
Haryana 29.4%
Himachal Pradesh 13.9%
Jammu & Kashmir 17.1%
Jharkhand 16.8%
Karnataka 2.5%
Kerala 5.6%
Madhya Pradesh 2.0%
Maharashtra 5.6%
Meghalaya 4.1%
Odisha 2.1%
Puducherry 2.2%
Punjab 8.2%
Rajasthan 28.3%
Sikkim 21.0%
Tamil Nadu 3.0%
Telangana 5.8%
Tripura 11.7%
Uttar Pradesh 4.0%
Uttarakhand 2.3%
West Bengal 4.4%

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India Unemployment Rate 2023 Challenges

To give youth work, the Indian government should defeat various hindrances. Government policies can’t reach everyone in the country because of these obstacles. The issues that will largely affect India’s joblessness rate in 2023 are illustrated beneath.

  1. Theoretical Education-Practical skills are not prioritized in the same way as theoretical knowledge in the majority of Indian educational establishments. Candidates with this level of education cannot successfully complete practical tasks.
  2. Lack of alternative jobs for workers in the agriculture sector-Many people who work in the horticulture industry are unable to find work elsewhere. They are typically unemployed until the end of the year because they are only prepared to work for a short period of time.
  3. Increasing population- India’s recent population growth is a major factor in the country’s high unemployment rate. As a result, there are now more people in their 20s and 30s than ever before, but there aren’t enough jobs for everyone.
  4. Improper Attitude-Many young people have no interest in starting their own businesses and are only interested in finding work. This is making it difficult for the government to hire everyone.
  5. Increasing inflation- As the rate of inflation in the country rises, so does product demand. As a result, the unemployment rate in the nation rises.

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Unemployment Rate in India VS World

India is not the only nation experiencing joblessness. In addition, a lot of nations are attempting to solve the issue of unemployment. A list of nations with unemployment rates that are comparable to India’s is provided below.

Country Unemployment Rate (in %)
Nigeria 9.79%
Angola 8.53%
Egypt 9.33%
Honduras 8.51%
Bolivia 8.51%
Uzbekistan 7.16%
Mongolia 7.08%
Nicaragua 5.96%
India 5.98%
El Salvador 5.94%
Sri Lanka 5.40%
Bangladesh 5.23%
Kenya 5.74%
Ghana 4.70%
Pakistan 4.35%
Indonesia 4.41%
Bhutan 4.33%
Vietnam 2.17%
Lao PDR 1.26%
Philippines 2.41%
Myanmar 2.17%
Papua New Guinea 2.75%
Cambodia 0.61%
Solomon Islands 1.03%

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Unemployment Rate of India UPSC

Every nation is affected by unemployment. India is one of these nations. Due to India’s diverse population and shifting labor market, the country’s high unemployment rate is a major source of concern for politicians as well as the general public. Policymakers in India can set up the right measures to guarantee that everybody searching for work finds a situation for which they are qualified by getting familiar with India’s joblessness rate. Between 2017 and 2022, India’s overall unemployment rate is expected to rise by 3%.

The National Statistical Office (NSO) released a report in May 2022 stating that between October and December 2021, the unemployment rate in urban India decreased from 10.3% in the previous quarter to 8.7%.

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What is the current unemployment rate in India?

7.45% is the current unemployment (February 2023) rate in India.

Which state has highest unemployment rate in India 2023?

India's highest unemployment rate is in Haryana. The unemployment rate in Haryana was 37.38% as of the previous month. The NCT of Delhi, Rajasthan, Bihar, and Jharkhand are all among the top 5 regions.

Which country has the highest unemployment?

South Africa has the highest unemployment in the country.

Is the unemployment rate high in India?

India’s unemployment rate in India is around 7.45% at present. It is 7.93% in urban India whereas only 7.23% in rural India.

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