Jobs crisis looms as India’s unemployment rate rises to 7.75% in October
- 3 years ago
India’s jobless rate rose as unemployment surged in the nation’s rural areas, even as non-farm jobs notch up gains with the economy emerging from pandemic curbs.
Unemployment in October rose to 7.75 per cent from a three-month low of 6.86 per cent in September, data from private research firm Centre for Monitoring Indian Economy Pvt. showed on Monday.
Rural unemployment jumped to 7.91 per cent from 6.06 per cent the previous month, whereas urban joblessness dropped to 7.38 per cent from 8.62 per cent, the data showed.
Unemployment in October rose to 7.75 per cent from a three-month low of 6.86 per cent in September, data from private research firm Centre for Monitoring Indian Economy Pvt. showed on Monday.
Rural unemployment jumped to 7.91 per cent from 6.06 per cent the previous month, whereas urban joblessness dropped to 7.38 per cent from 8.62 per cent, the data showed.