The Grim Unemployment Scenario*

May 8th 2023, Prabhat Patnaik
The data on unemployment brough out by the Centre for Monitoring the Indian Economy (CMIE) present a grim picture. Not only has the unemployment rate increased sharply for some years now, starting from even before the pandemic, but the figure which had shot up during the pandemic has not come down much despite the recovery that has occurred in the level of GDP from its trough.
  
* This article was originally published in the
Peoples Democracy on May 7, 2023.


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