Bleeding March: Odisha Unemployment Rate Zooms To 9.7%, High Job Losses In Key Sectors

As per the CMIE report, among the 19 major states in the country, Odisha has the fourth-highest unemployment rate

Odisha Bleeds With Job Losses

News Summary

The CMIE unemployment monthly data for the month of March shows that Odisha has the second-highest unemployment rate in its neighbourhood.

The joblessness rate in the category of graduates and above had risen to around 10 percent.

As per the CMIE report, among the 19 major states in the country, Odisha has the fourth-highest unemployment rate.

The Centre for Monitoring Indian Economy (CMIE) delivers a shocker. When only on March 24, the State government had gone ecstatic over the CMIE's estimates that the State had only a 1-1.8 percent unemployment rate for the first two months of the current year, the March-end data released recently has come as a big dampener of sorts for the powers that be. 

The country's private think tank has estimated the unemployment rate in the State in the month of March high at 9.7 percent.