According to CMIE, employment shrunk by 1.4 million to 396 million in March 2022 while the count of the unemployed fell by 2.4 million in March 2022. This resulted in a decline in the employment rate from 36.7% in February 2022 to 36.5% in March while the unemployment rate fell to 7.6% from 8.1% in February.
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Current situation of jobs in India?
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