Highest Unemployment Rate in Haryana

• 03 Nov 2022

Why In News?

• According to the data released by the Centre for Monitoring Indian Economy (CMIE) recently, Haryana ranks first in the country in terms of unemployment rate.

Key Points

• According to CMIE, the unemployment rate in rural areas in the country has increased compared to urban areas. In October, the unemployment rate in the country increased to 7.77 percent. Of this, unemployment was 7.21 percent in urban areas and 8.4 percent in rural areas.
• Nine states in the country had higher unemployment than the national average. In Jharkhand, Bihar and Haryana, it is in double digits. It is in double digits in six out of 25 states.
• Unseasonal rains in the country in the last six months, global political situation and fall in production due to rising interest rates are the main reasons for unemployment.
• Bihar, Assam, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Rajasthan, Telangana and Tripura have reported higher than the national average in October.
• Haryana has an unemployment rate of 31.8 percent, followed by Rajasthan (30.7 percent), Jammu and Kashmir (22.4 percent), Jharkhand (16.5 percent) and Bihar (14.5 percent).
• According to the data released by CMIE, the situation is better in Uttar Pradesh, Delhi and Uttarakhand in terms of unemployment rate. It is 4.2 percent in Uttar Pradesh, 6.7 percent in Delhi and 3.4 percent in Uttarakhand.
• At the same time, Madhya Pradesh with the lowest unemployment rate of 0.8 percent and Chhattisgarh with 0.9 percent are at the bottom.