Economy Demonetization 3rd anniversary: Sectors that suffered the most Updated : November 08, 2019 05:47 PM IST According to the Labour Bureau's Sixth Annual Employment-Unemployment Survey, the unemployment rate rose to a four-year high in 2016-17. Agriculture considered to be India’s backbone, a sector which is wholly dependent on hard cash was worst-hit. With the demonetization, the total number of developers in the top nine Indian cities deflated by over 50 percent by 2017-18. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.