Unemployment Rate in India increased to 8.50 percent in October from 7.20 percent in September of 2019.

Unemployment Rate in India averaged 5.16 percent from 1983 until 2019, reaching an all time high of 8.50 percent in October of 2019 and a record low of 3.53 percent in December of 2011. This page provides - India Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Centre for Monitoring Indian Economy

Unemployment Rate in India is expected to be 8.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in India to stand at 7.30 in 12 months time. In the long-term, the India Unemployment Rate is projected to trend around 6.40 percent in 2020, according to our econometric models.


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India Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.50 7.20 8.50 6.70 2018 - 2019 percent Monthly

India Unemployment Rate
In India, the unemployment rate measures the number of people aged 15 and over actively looking for a job as a percentage of the labour force.

India Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.50 7.20 8.50 6.70 percent [+]
Labor Force Participation Rate 49.80 50.40 63.70 49.80 percent [+]
Population 1298.04 1283.60 1298.04 359.00 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Wages High Skilled 43200.00 46200.00 47300.00 43200.00 INR/Month [+]
Wages Low Skilled 10900.00 11300.00 13500.00 10900.00 INR/Month [+]
Youth Unemployment Rate 23.70 23.10 23.70 22.90 percent [+]
Living Wage Family 19400.00 19200.00 19400.00 19200.00 INR/Month [+]
Living Wage Individual 10300.00 10100.00 10300.00 10100.00 INR/Month [+]
Minimum Wages 176.00 176.00 176.00 137.00 INR/Day [+]
Employment Rate 46.80 47.80 50.80 46.80 percent [+]