[Financial Express]Pandemic Setback: ILO says India’s unemployment rate highest in 3 decades in 2020
Globally, the average unemployment rate was 6.47% in 2020, up from 5.37% in 2019. In 1991, the average global unemployment rate was 4.8%.India’s unemployment rate – the share of labour force that is without work but available for it – rose sharply to 7.11% in the pandemic year 2020 ...