India's unemployment rate eases down to pre-lockdown levels of 8.5 per cent: CMIE
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The Centre for Monitoring Indian Economy (CMIE) has said that India’s unemployment rate has eased to pre-lockdown levels of 8.5 per cent in the week ended June 21. The Mumbai-based think tank said the rate had earlier spiked from 8.75 per cent in March to 23.5 per cent in April and May. It had peaked at 27.1 per cent in the week ended May 3, following which there has been a drastic improvement in June.