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.