India Unemployment Rate 2023 [7.45] – State Wise, India Vs World

The Centre for Monitoring Indian Economy has released the latest data for unemployment in India. According to the latest analysis by the CMIE, there has been an increase in unemployment in the last month. It was calculated that the unemployment rate in India in February 2023 is 7.45%. This is a significant increase in the India Unemployment Rate 2023 as it was 7.14% in January 2023. This means that many more youngsters are unemployed in India. It has also been reported that the state with the highest unemployment rate in India is Haryana with 29.4% and the state with the lowest unemployment rate is Chhattisgarh with 0.8%.

The India Unemployment Rate 2023 State Wise is available on the official website of CMIE according to different states and months. You can find the unemployment rate of your state on the official website, unemploymentinindia.cmie.com.

India Unemployment Rate 2023

The India Unemployment Rate 2023 for the month of February 2023 has been released by the CMIE. Everyone can check it from the homepage of the CMIE. The data has been prepared after the analysis of unemployment in each state and it is released weekly and monthly. This data helps the Government of India to formulate different strategies to tackle the problem of Unemployment. The Central and State governments regularly release different policies yup boost employment in the whole country.

The main cause of unemployment in India is that many youngsters want to earn money but they do not want to work for it. They look for easy ways to make money which generally includes illegal activities. Furthermore, almost everyone in their 20s is trying to prepare for State and Central Government jobs because of its perks. Hence there is tough competition in recruitment for these posts but there are not enough vacancies. Hence most of the youngsters are left empty-handed.

Unemployment Rate 2023 India

Unemployment Rate 2023 India is available on the official website of CMIE for the last month. Every citizen of the country can open the website and check the Unemployment Rate of their state.

NameIndia
GovernmentGovernment of India
Year2023
Conducting BodyCentre for Monitoring Indian Economy (CMIE)
Prime MinisterNarendra Modi
PresidentDroupadi Murmu
States28
India Unemployment Rate 2023 January7.14
India Unemployment Rate 2023 February7.45
India Unemployment Rate 2023 December 20228.30
Article CategoryNews
Official Websiteunemploymentinindia.cmie.com
India Unemployment Rate 2023, State Wise List

India Unemployment Rate 2023 Month Wise List

MonthUnemployment Rate (in %)
February 20237.45%
January 20237.14%
December 20228.30%
November 20228.03%
October 20227.92%
September 20226.43%
August 20228.28%
July 20226.83%
June 20227.83%
May 20227.14%
April 20227.83%
March 20227.57%
The India Unemployment Rate 2023 Month Wise List is available on the website of Centre for Monitoring Indian Economy (CMIE). This list is available for the last 12 months and you can also find it in the table given below.

India Unemployment Rate 2023 State Wise List

StateUnemployment Rate (in%) in February 2023
Andhra Pradesh6.6%
Assam8.6%
Bihar12.3%
Chhattisgarh0.8%
Delhi8.6%
Goa11.1%
Gujarat2.5%
Haryana29.4%
Himachal Pradesh13.9%
Jammu & Kashmir17.1%
Jharkhand16.8%
Karnataka2.5%
Kerala5.6%
Madhya Pradesh2.0%
Maharashtra5.6%
Meghalaya4.1%
Odisha2.1%
Puducherry2.2%
Punjab8.2%
Rajasthan28.3%
Sikkim21.0%
Tamil Nadu3.0%
Telangana5.8%
Tripura11.7%
Uttar Pradesh4.0%
Uttarakhand2.3%
West Bengal4.4%
India Unemployment Rate 2023 State Wise List is also available on the CMIE’s website. This list is prepared after careful analysis of the unemployment rate in the state for the whole month. You can also check the state wise list in the table given below.

India Unemployment Rate 2023 Challenges

There are many challenges which the government of India has to face in order to provide employment to the youth. These challenges prevent government policies from reaching every person in the country. Some of the main India Unemployment Rate 2023 Challenges are mentioned below.

  1. Theoretical Education- Most of the institutions in India put a lot of pressure on the students to be good in the theoretical portion of their education but it does not give the same importance to practical knowledge. This type of education renders the candidates incapable of performing practical functions effectively.
  2. Lack of alternative jobs for workers in the agriculture sector- Many people who work in the agriculture sector are not able to find any other jobs. Since they are only able to work for a small period of time, they are mostly unemployed for the rest of the year.
  3. Increasing population- The recent increase in the population is one of the main causes of Unemployment in India. This means there are many more people in their 20s and 30s but there are not enough jobs for everyone.
  4. Improper Attitude- Many youngsters are only looking for jobs and they are not interested in setting up their own business setups. This is making it difficult for the government to provide jobs for everyone.
  5. Increasing inflation- The increasing inflation in the country is also decreasing the demand for products. This in turn increases unemployment in the country.

Unemployment Rate in India VS World

India is not the only country which is fighting unemployment. Many countries around the world are also trying to tackle the problem of Unemployment. Here is a list of some of the countries which have Unemployment rates similar to India.

CountryUnemployment Rate (in %)
Nigeria9.79%
Angola8.53%
Egypt9.33%
Honduras8.51%
Bolivia8.51%
Uzbekistan7.16%
Mongolia7.08%
Nicaragua5.96%
India5.98%
El Salvador5.94%
Sri Lanka5.40%
Bangladesh5.23%
Kenya5.74%
Ghana4.70%
Pakistan4.35%
Indonesia4.41%
Bhutan4.33%
Vietnam2.17%
Lao PDR1.26%
Philippines2.41%
Myanmar2.17%
Papua New Guinea2.75%
Cambodia0.61%
Solomon Islands1.03%

Q&A For India Unemployment Rate 2023

What is the India Unemployment Rate 2023 for February 2023?

The CMIE has determined that the unemployment rate in India in February 2023 is 7.45%.

What was the unemployment rate in India last year?

Last year, the unemployment rate in India was 8.30% and it was 10.09% in urban areas and 7.44% in rural areas.

What was the India Unemployment Rate 2023?

In January 2023, the CMIE calculated the unemployment rate to be 7.14% in the country. It has increased to 7.45% in February 2023 across the country.

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