India's unemployment in 2020 at worst level in 29 years, shows study : Bulletin: Business Today
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India's unemployment in 2020 at worst level in 29 years, shows study

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Shailendra Shukla | May 29, 2021

India's unemployment in 2020 at worst level in 29 years, shows study
India's unemployment rate rose to its highest level since 1991 during 2020 as coronavirus pandemic caused the economy to come to a screeching halt, according to a study. The nation saw one of the toughest lockdowns in the world starting March last year as the pandemic claimed numerous lives, with stringent restrictions on mobility and economic activities across the board. India's unemployment rate sharply rose to 7.11 per cent in 2020 from 5.27 per cent in 2019, said a report by the Centre for Economic Data and Analysis (CEDA) based on the ILOSTAT database of the International Labour Organisation.
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