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According to the CMIE, India's employment rate increased to _______% in March 2023 from 36.6% in December 2022.
A)
36.9%
B)
37.5%
C)
38.4%
D)
39.7%

Correct Answer :   36.9%


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

Published On : April 14, 2023
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