According to the CMIE, India's employment rate increased to 36.9% in March 2023 from 36.6% in December 2022.

According to the Centre for Monitoring Indian Economy (CMIE), India's labor market has witnessed an improvement with over 15 million people entering the workforce in the last three quarters.

* The country's employment rate increased to 36.9% in March 2023 from 36.6% in December 2022.

* The labor participation rate (LPR) declined from 40.5% in December to 39.8% in March 2023.

* While the unemployment rate saw a small decrease from 8.3% to 7.8% during this period..

Source : India Times