India's unemployment rate rose to 7.83% in April from 7.60% in March, data from the Centre for Monitoring Indian Economy (CMIE). The urban unemployment rate rose to 9.22% in April from 8.28% the previous month, while the rural unemployment rate slipped to 7.18% from 7.29%, the data showed. They have also been watching the falling labour participation rate - the proportion of people in employment or seeking work among the working population. That slipped to 39.5% in March 2022 from 43.7% in March 2019, according to CMIE's earlier data, as millions lost jobs during the pandemic. The highest unemployment rate of 34.5% was recorded in the northern state of Haryana, followed by 28.8% in Rajasthan. Economists say job opportunities have been hit by sluggish domestic demand and the slow pace of economic recovery amid rising prices.
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