Unemployment rate to settle slightly higher than pre-Covid levels: CMIE
The CMIE weekly data shows the unemployment rate rose by 0.1 percentage points in the week ended June 28 to 8.6% and by 0.3 percentage points for the week ended July 3 to 8.9% after it fell sharply from the peak of 23.5% in May 2020 to 11% in June.