Unemployment Rate in India decreased to 7 percent in July from 9.20 percent in June of 2021. source: Centre for Monitoring Indian Economy

Unemployment Rate in India averaged 8.57 percent from 2018 until 2021, reaching an all time high of 23.50 percent in April of 2020 and a record low of 6.50 percent in November of 2020. This page provides - India Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Unemployment Rate in India is expected to be 10.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Unemployment Rate is projected to trend around 6.20 percent in 2022 and 6.50 percent in 2023, according to our econometric models.

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India Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.00 9.20 23.50 6.50 2018 - 2021 percent Monthly

India Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.00 9.20 23.50 6.50 percent [+]
Labor Force Participation Rate 47.30 47.20 63.70 45.90 percent [+]
Population 1347.12 1332.90 1347.12 359.00 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Minimum Wages 178.00 178.00 178.00 35.00 INR/Day [+]
Youth Unemployment Rate 27.70 34.70 34.70 19.20 percent [+]
Employment Rate 42.40 40.90 50.80 36.40 percent [+]


India Unemployment Rate
In India, the unemployment rate is estimated by directly interviewing a large sample of randomly selected households. Centre for Monitoring Indian Economy Consumer Pyramids panel of households includes over 174,405 households including over 522,000 members who are over 15 years old.