2024-05-29 04:05:35
🚨 Misinfo Alert 🚨 ✅Excerpt from CMIE's March 2024 report "The unemployment rate eased in urban India as well as in rural India. Rural unemployment rate fell to 7.4 per cent in March from 7.8 per cent in Feb. Urban unemployment rate fell from 8.5 per cent to 8.2 per cent." [Link] NEEDS_MORE_RATINGS(16-0-6) Author
2024-05-29 04:55:17
Following is the link of exact figures posted by CMIE, Mr. Basu claims are false and misleading. [Link] NEEDS_MORE_RATINGS(6-1-5) Author
2024-05-29 05:08:38
CNs falsely cite overall unemployment rates to counter the OP's factual reference to CMIE's 45.4% YOUTH unemployment rate. CMIE's YOUTH (age: 15-24) labour statistics show 45.4% unemployment in 2022-23: [Link] CMIE also cited 44.49% (20-24 yrs) & 14.33% (25-29 yrs) in OND2023: [Link] NEEDS_MORE_RATINGS(7-1-2) Author
2024-05-29 05:12:22
Mr. Basu's tweet talks about "youth unemployment" while the community notes talk about general unemployment. Mr. Basu's data is correct [Link] > According to the CMIE, for instance, the youth unemployment rate stood at as high as 45.4%. NEEDS_MORE_RATINGS(11-0-3) Author
2024-05-29 06:19:13
OP is making a logical fallacy. Unemployment rate = % of people WANTING a job who don't have one. Ex: Say 40% of citizens DON'T want a job (studying, retired etc) & 60% WANT a job. Now say 50% of all citizens are employed (& 40% don't want a job) Umempl rate = 10/60 = 16.6% [Link] NEEDS_MORE_RATINGS(11-0-6) Author
2024-05-29 12:59:54 [Link] Youth is calculated using people from the 14+ age bracket. Most of these people are still in high school/ higher secondary/ college. India has a very high proportion of college / higher degree holders to high schoolers. The CMIE data makes sense at the third age bracket. NEEDS_MORE_RATINGS(3-0-1) Author
2024-05-30 01:03:37
This statement is wrong according to the report he states it is from. 45% of the age group 20-24 is unemployed is a logical fallacy. Most in this age group are studying, some are self employed and etc. Unemployment rate in India declined to 7.6 per cent in March 2024. [Link] NEEDS_MORE_RATINGS(2-0-1) Author