India Unemployment Rate Rises to 5.6% in May as Farm Jobs Decline Post-Harvest
In May, India's unemployment increased to ** 5.6% **, in April ** from 7.4% to **, Center for Monitoring Center according to Indian economy (CMIE) data. This growth is largely responsible for the decline in agricultural employment after the crop season. Many rural workers, especially in agriculture, encountered loss of jobs as agricultural activity diminished after erosion. The decline in farm -related jobs temporarily excluded a large number of people from the workforce. In addition, urban unemployment also saw marginal growth, indicating extensive economic challenges. The data reveals a specific seasonal trend where unemployment increases after the crop operation is exhausted, especially affecting rural areas. Experts suggest that this trend is cyclical, but also warns that it reflects the lack of sufficient non-agricultural employment options in India. To handle this recurring case, economists emphasize the need for strong employment creation in production and services to absorb rural surpluses throughout the year.
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