all numbers N that are at most 44.5 find inequality
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India’s unemployment rate stood at 7.8% for the week ended November 22 and the labour participation rate at 39.3% resulting in a sharp fall in employment rate at 36.24%. While this is a sign of weakening labour markets over the last four week, it also reflects the inability of the labour markets to absorb adequate proportions of the working age population during the festive season of 2020, the Centre for Monitoring Indian Economy said.
As per CMIE, the 36.2% employment rate in the week of November 22 is the lowest employment rate since the recovery stagnated in late June 2020. It also marked the fourth consecutive fall in the rate since the week of October 25. The employment rate stood at 37.38% in the week ended November 15.
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