Question

Essay on unemployment in punjab 2020

Answer 1

Punjab's unemployment rate hit a 32-month low of 2.9% in Apr 2020, according to a survey conducted by the Centre for Monitoring Indian Economy (CMIE). Over a longer time period, unemployment has moved from 13.0% in Oct

Punjab's unemployment rate hit a 32-month low of 2.9% in Apr 2020, according to a survey conducted by the Centre for Monitoring Indian Economy (CMIE). Over a longer time period, unemployment has moved from 13.0% in Oct 2019 to its current rate.

Unemployment in Punjab was less than than the national rate of 23.5%. Nationwide, unemployment was highest in Tamil Nadu, Jharkhand, and Bihar at 49.8%, 47.1%, and 46.6% respectively. It was lowest in Punjab, Chhattisgarh, and Telangana at 2.9%, 3.4%, and 6.2% respectively. Tap or mouseover on a state in the map below to see unemployment numbers for it.

There are few frequently updated government metrics for tracking jobs in India, particularly in the informal sector. As a consequence, high frequency indicators like the CMIE Unemployment Survey tend to be used as a proxy for evaluating the health of the labour market. The survey has a sample size of 43,600 households per month that are well distributed geographically, and across urban and rural areas

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Answer 2

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